USDA National Daily Direct Afternoon Hog Report 01/08 14:50
01/08/2026 | 2:50 pm CST USDA National Daily Direct Afternoon Hog Report 01/08 14:50
LSDLM_HG217
Des Moines, IA Thu, Jan 08, 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 2,107 2,107 3,222
Other Market Formula 18,822 18,822 22,622
Swine/Pork Market Formula 124,251 124,251 121,194
Other Purchase Arrangement 70,361 70,361 57,771
Negotiated Formula 155 155 160
Pack. Sold (all purchase types) 32,234 32,234 30,583
--------------------------------------------------------------------------------
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 767
Lowest Base Price 68.00
Highest Base Price 73.00
Weighted Average Price 69.37 70.55 70.33
Change from Previous Day -3.24 -3.63 -3.85
Negotiated Formula (carcass basis)
Head Count 155
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 922
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 20,275 12,636 17,781 2,494
Lowest Base Price 74.25
Highest Base Price 87.95
Weighted Average Price 81.27
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 144,437 78,351 95,748 43,501
Lowest Base Price 72.78 72.78 72.78 73.86
Highest Base Price 86.75 85.06 85.06 86.75
Weighted Average Price 80.36 80.04 79.89 81.16
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 69,426 40,248 44,385 22,924
Lowest Base Price 72.74 75.11 75.11 72.74
Highest Base Price 105.21 88.85 91.96 105.21
Weighted Average Price 81.73 80.65 81.11 82.76
Change from Previous Day
Negotiated (live basis)
Head Count 695
Lowest Base Price 47.50
Highest Base Price 58.00
Weighted Average Price 52.65
Change from Previous Day .26
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 695
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -15.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -9.00 185# -1.00 1.50 215# .00 4.00
165# -26.00 -5.00 195# .00 3.00 225# .00 3.50
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.00
Price Range $68.00 - $76.00
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,465 Georgia 9
Iowa 85,071 Idaho 331
Illinois 17,462 Indiana 15,280
Kansas 1,289 Kentucky 690
Michigan 9,020 Minnesota 47,303
Missouri 3,438 North Carolina 7,376
Nebraska 16,408 New York 160
Ohio 20,527 Oklahoma 1,866
Pennsylvania 5,340 South Dakota 8,856
Texas 100 Wisconsin 805
--------------------------------------------------------------------------------
[0600059D]