USDA National Daily Direct Afternoon Hog Report 01/14 15:00
01/14/2026 | 3:00 pm CST USDA National Daily Direct Afternoon Hog Report 01/14 15:00
LSDLM_HG217
Des Moines, IA Wed, Jan 14, 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 3,955 3,955 1,566 11,077
Other Market Formula 23,403 23,403 19,987 38,150
Swine/Pork Market Formula 112,310 112,310 130,791 123,150
Other Purchase Arrangement 59,511 59,511 57,818 264,065
Negotiated Formula 1,380 1,380 163 160
Pack. Sold (all purchase types) 28,706 28,706 33,716 31,409
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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 1,938
Lowest Base Price 69.00
Highest Base Price 82.00
Weighted Average Price 80.29 80.34 80.34
Change from Previous Day 10.29 10.34 10.34
Negotiated Formula (carcass basis)
Head Count 1,050
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,988
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 22,929 12,801 17,282 5,647
Lowest Base Price 74.13 75.81
Highest Base Price 86.37 86.13
Weighted Average Price 81.13 80.72
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 128,629 73,894 84,939 38,200
Lowest Base Price 69.72 69.72 69.72 71.25
Highest Base Price 87.05 85.01 85.01 87.05
Weighted Average Price 80.18 79.77 79.67 81.22
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 61,496 35,678 37,538 21,679
Lowest Base Price 73.10 74.68 74.68 73.10
Highest Base Price 105.21 91.60 91.60 105.21
Weighted Average Price 82.08 81.27 81.38 83.19
Change from Previous Day
Negotiated (live basis)
Head Count 1,274
Lowest Base Price 41.50
Highest Base Price 60.00
Weighted Average Price 53.76 55.36 55.36
Change from Previous Day
Negotiated Formula (live basis)
Head Count 330
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,604
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# -30.00 -13.00 175# -8.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -5.00 195# .00 3.00 225# .00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog9 lb carcassnch back-fatre inch loinh loin
depthFFLI: 51.40
Price Range $72.00 - $86.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 7,465 Iowa 79,609
Idaho 167 Illinois 15,946
Indiana 9,901 Kansas 1,394
Kentucky 3,511 Michigan 9,100
Minnesota 46,497 Missouri 2,102
North Carolina 7,111 North Dakota 345
Nebraska 10,041 New York 320
Ohio 19,473 Oklahoma 1,888
Pennsylvania 6,189 South Dakota 6,208
Tennessee 1,155 Wisconsin 650
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[0600059D]