USDA National Daily Direct Afternoon Hog Report 01/26 14:55
01/26/2026 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 01/26 14:55
LSDLM_HG217
Des Moines, IA Mon, Jan 26, 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 1,444 1,444 1,310 1,703
Other Market Formula 22,436 22,436 31,741 44,150
Swine/Pork Market Formula 134,617 134,617 167,411 157,751
Other Purchase Arrangement 108,008 108,008 190,000 102,755
Negotiated Formula 325 325 250 635
Pack. Sold (all purchase types) 47,651 47,651 38,858 60,651
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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 890
Lowest Base Price 79.00
Highest Base Price 86.00
Weighted Average Price 83.25
Change from Previous Day -.31
Negotiated Formula (carcass basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,055
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 24,198 13,456 21,481 2,717
Lowest Base Price 70.64 77.60
Highest Base Price 101.12 90.00
Weighted Average Price 83.21 82.13
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 165,036 96,274 113,925 47,182
Lowest Base Price 77.62 77.62 77.62 78.62
Highest Base Price 88.09 88.09 88.09 88.09
Weighted Average Price 83.85 83.79 83.69 84.25
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 112,541 82,484 85,644 26,897
Lowest Base Price 70.88 75.44 75.44 70.88
Highest Base Price 104.84 93.67 93.67 104.84
Weighted Average Price 83.17 82.96 83.09 83.41
Change from Previous Day
Negotiated (live basis)
Head Count 451
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 611
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 -14.62 175# -4.00 1.00 205# .00 4.00
155# -30.00 -11.82 185# .00 1.50 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog0 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.93
Price Range $83.00 - $90.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,941 Colorado 151
Iowa 131,463 Illinois 17,087
Indiana 17,833 Kansas 1,020
Kentucky 350 Michigan 10,312
Minnesota 63,704 Missouri 2,706
Montana 649 North Carolina 13,347
Nebraska 17,927 New York 160
Ohio 18,577 Oklahoma 953
Pennsylvania 4,191 South Dakota 9,775
Wisconsin 335
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