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USDA National Daily Direct Afternoon Hog Report 03/20 14:55

USDA National Daily Direct Afternoon Hog Report 03/20 14:55

LSDLM_HG217
Des Moines, IA                             Fri, Mar 20, 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                                  2,759     2,759     3,796     4,823
 Other Market Formula                       25,198    25,198    48,192    24,538
 Swine/Pork Market Formula                 120,347   120,347   130,238   136,394
 Other Purchase Arrangement                 50,175    50,175    64,744    58,455
 Negotiated Formula                            685       685       479       165
Pack. Sold (all purchase types)             26,527    26,527    36,063    29,347
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                          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                            870                                    
   Lowest Base Price                   88.00                                    
   Highest Base Price                  92.00                                    
   Weighted Average Price              90.38       91.38       91.38            
   Change from Previous Day            -2.42       -1.85       -1.85            
Negotiated Formula (carcass basis)
   Head Count                            355                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,225                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         25,303      16,245      23,241       2,062
   Lowest Base Price                   79.11                               80.95
   Highest Base Price                  95.07                               93.55
   Weighted Average Price              86.87                               86.25
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        134,948      70,924      82,059      47,966
   Lowest Base Price                   80.72       83.05       80.72       82.55
   Highest Base Price                  97.73       97.73       97.73       96.30
   Weighted Average Price              90.93       90.93       90.99       90.66
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         50,247      24,628      26,596      21,535
   Lowest Base Price                   82.48       83.85       83.85       82.48
   Highest Base Price                 105.68      102.93      102.93      105.68
   Weighted Average Price              90.64       91.62       91.76       89.05
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            949                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            470                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,419                                    
   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 Hog7 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 54.08       
 
Price Range $92.23  - $97.50  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                6,363          Colorado                160
Iowa                 77,725          Illinois             19,474
Indiana              18,341          Kansas                  631
Kentucky              1,289          Michigan              7,330
Minnesota            36,800          Missouri              3,798
Montana                 225          North Carolina        7,436
North Dakota            170          Nebraska             12,226
Ohio                 18,746          Oklahoma              2,122
Pennsylvania          5,696          South Dakota          6,486
Wisconsin               662          
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