USDA National Daily Direct Afternoon Hog Report 01/02 14:55
01/02/2026 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 01/02 14:55
LSDLM_HG217
Des Moines, IA Fri, Jan 02, 2026
DAILY DIRECT AFTERNOON 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 1,419 1,419 700 2,942
Other Market Formula 21,972 21,972 18,016 31,158
Swine/Pork Market Formula 118,597 118,597 130,741 140,093
Other Purchase Arrangement 56,033 56,033 71,514 68,716
Negotiated Formula 1,080 1,080
Pack. Sold (all purchase types) 31,387 31,387 39,651 36,677
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Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
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Negotiated (carcass basis)
Head Count 316
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 480
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 796
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 23,558 11,115 18,915 4,643
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 136,694 83,927 98,328 35,409
Lowest Base Price 70.08 70.08 70.08 71.44
Highest Base Price 87.04 87.04 87.04 86.71
Weighted Average Price 80.97 80.67 80.57 82.09
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 57,389 36,665 38,845 16,434
Lowest Base Price 73.09 73.09 73.09 73.10
Highest Base Price 99.71 94.25 94.25 99.71
Weighted Average Price 82.48 82.29 82.37 82.42
Change from Previous Day
Negotiated (live basis)
Head Count 939
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 600
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,539
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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 3,799 Iowa 85,094
Idaho 162 Illinois 19,898
Indiana 16,132 Kansas 2,362
Kentucky 1,052 Michigan 5,470
Minnesota 47,980 Missouri 3,395
Montana 233 North Carolina 6,143
North Dakota 338 Nebraska 15,183
Ohio 11,705 Oklahoma 1,870
Pennsylvania 2,528 South Dakota 6,313
Wisconsin 660 West Virginia 171
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