USDA National Daily Direct Afternoon Hog Report 02/27 14:55
02/27/2026 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 02/27 14:55
LSDLM_HG217
Des Moines, IA Fri, Feb 27, 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 2,711 2,711 2,219 4,946
Other Market Formula 33,798 33,798 33,579 32,777
Swine/Pork Market Formula 136,068 136,068 151,576 143,505
Other Purchase Arrangement 64,517 64,517 65,530 53,989
Negotiated Formula 315 95
Pack. Sold (all purchase types) 38,310 38,310 36,710 24,448
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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 5,079
Lowest Base Price 85.00
Highest Base Price 91.00
Weighted Average Price 90.38 88.41
Change from Previous Day -.62
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 5,079
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 34,950 15,686 23,566 11,384
Lowest Base Price 75.79 75.79
Highest Base Price 97.47 92.72
Weighted Average Price 88.37 89.31
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 160,654 91,566 108,913 46,364
Lowest Base Price 81.80 81.80 81.80 81.88
Highest Base Price 95.79 95.79 95.79 95.79
Weighted Average Price 88.29 88.14 88.10 88.60
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 64,032 36,016 38,472 22,801
Lowest Base Price 82.16 82.52 82.52 82.16
Highest Base Price 104.17 100.71 100.71 104.17
Weighted Average Price 89.26 89.57 89.84 87.94
Change from Previous Day
Negotiated (live basis)
Head Count 800
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 800
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 -5.00 185# .00 1.50 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 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: 52.98
Price Range $90.47 - $98.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 7,414 Colorado 120
Iowa 101,491 Illinois 17,544
Indiana 17,381 Kansas 987
Kentucky 2,659 Michigan 7,975
Minnesota 46,486 Missouri 3,519
Montana 223 North Carolina 7,817
North Dakota 340 Nebraska 17,481
Ohio 24,939 Oklahoma 1,701
Pennsylvania 6,344 South Dakota 8,277
Tennessee 1,815 Wisconsin 891
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