USDA National Daily Direct Afternoon Hog Report 03/23 14:50
03/23/2026 | 2:50 pm CDT USDA National Daily Direct Afternoon Hog Report 03/23 14:50
LSDLM_HG217
Des Moines, IA Mon, Mar 23, 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 4,049 4,049 3,623 7,456
Other Market Formula 25,618 25,618 24,699 27,107
Swine/Pork Market Formula 165,850 165,850 121,209 152,799
Other Purchase Arrangement 110,072 110,072 70,559 139,621
Negotiated Formula 530 530 845 280
Pack. Sold (all purchase types) 38,686 38,686 29,216 50,740
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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 2,388
Lowest Base Price 87.00
Highest Base Price 93.00
Weighted Average Price 91.96 92.11 92.06
Change from Previous Day 1.58 .73 .68
Negotiated Formula (carcass basis)
Head Count 315
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,703
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 32,350 18,138 29,157 3,193
Lowest Base Price 78.72 80.95
Highest Base Price 93.78 93.78
Weighted Average Price 87.81 86.50
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 181,951 107,973 130,046 48,579
Lowest Base Price 82.36 82.36 82.36 82.55
Highest Base Price 96.94 96.94 96.94 94.95
Weighted Average Price 90.09 89.98 89.84 90.56
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 112,449 77,307 81,198 29,455
Lowest Base Price 80.23 83.22 83.22 80.23
Highest Base Price 103.04 103.04 103.04 99.70
Weighted Average Price 89.30 89.52 89.66 88.09
Change from Previous Day
Negotiated (live basis)
Head Count 1,584
Lowest Base Price 60.75
Highest Base Price 74.00
Weighted Average Price 69.55 71.01
Change from Previous Day
Negotiated Formula (live basis)
Head Count 445
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,029
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# -25.00 -13.00 175# -9.30 -1.35 205# .00 4.00
155# -25.00 -10.00 185# -1.50 .00 215# .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 Hog4 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.28
Price Range $93.00 - $99.25
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,972 Iowa 142,847
Illinois 16,651 Indiana 25,860
Kansas 1,210 Kentucky 2,028
Michigan 11,323 Minnesota 65,351
Missouri 4,697 Montana 678
North Carolina 7,007 North Dakota 309
Nebraska 24,957 Ohio 21,569
Pennsylvania 5,295 South Dakota 9,165
Wisconsin 886
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