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USDA National Daily Direct Morning Hog Report 12/30 10:55

USDA National Daily Direct Morning Hog Report 12/30 10:55

LSDLM_HG216
Des Moines, IA                             Tue, Dec 30, 2025

DAILY DIRECT MORNING HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                         Estimated    Actual    Actual    Actual
                                             Today     Today  Week Ago  Year Ago
Producer Sold
 Negotiated                                  1,714       464     2,176     2,703
 Other Market Formula                       20,183    18,923    16,274    13,666
 Swine/Pork Market Formula                 112,850    98,234    82,929    71,934
 Other Purchase Arrangement                 63,900    60,701    50,114    39,608
 Negotiated Formula                            165       165       361       160
Pack. Sold (all purchase types)             30,141    29,121    24,724    22,119
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                          Volume and Price Range For Barrows and Gilts
                              Purchased Swine (Including Packer Sold)
                                    National       Iowa/     Western     Eastern
                                                 Minnesota  Cornbelt    Cornbelt
                                   ---------------------------------------------
Negotiated (carcass basis)
   Head Count                             40                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                             40                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         19,313       8,448      12,773       6,540
   Lowest Base Price                   73.12                               76.69
   Highest Base Price                 102.58                              102.58
   Weighted Average Price              81.83                               83.64
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        116,881      66,042      77,886      34,248
   Lowest Base Price                   68.19       68.19       68.19       68.44
   Highest Base Price                  91.36       88.28       88.28       91.36
   Weighted Average Price              82.02       81.54       81.33       83.53
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         61,035      40,532      42,002      17,583
   Lowest Base Price                   73.10       73.10       73.10       80.03
   Highest Base Price                  99.58       94.84       94.84       99.58
   Weighted Average Price              84.44       83.29       83.41       86.75
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            424                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            165                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            589                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY 
DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
       based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
 
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                          CARCASS WEIGHT DIFFERENTIALS
   
    145#                        175#                        205#               
    155#                        185#                        215#               
    165#                        195#                        225#               
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,241          Iowa                 81,445
Illinois             16,518          Indiana               9,482
Kansas                1,248          Kentucky              1,020
Maryland                160          Michigan              7,140
Minnesota            34,362          Missouri              3,731
North Carolina        7,818          North Dakota            350
Nebraska             12,335          Ohio                 13,268
Oklahoma              1,877          Pennsylvania          4,843
South Dakota          2,826          Tennessee             3,300
Wisconsin               644          
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