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USDA National Daily Direct Afternoon Hog Report 03/26 14:50

USDA National Daily Direct Afternoon Hog Report 03/26 14:50

LSDLM_HG217
Des Moines, IA                             Thu, Mar 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                                  4,597     4,597     3,742     7,132
 Other Market Formula                       18,443    18,443    11,957    21,727
 Swine/Pork Market Formula                 132,167   132,167   142,482   122,195
 Other Purchase Arrangement                 59,762    59,762    68,359    64,916
 Negotiated Formula                            335       335     1,125       258
Pack. Sold (all purchase types)             34,913    34,913    40,506    28,910
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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                          2,490                                    
   Lowest Base Price                   90.00                                    
   Highest Base Price                  92.00                                    
   Weighted Average Price              90.89                                    
   Change from Previous Day             -.76                                    
Negotiated Formula (carcass basis)
   Head Count                            170                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,660                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         20,177       8,163      12,953       7,224
   Lowest Base Price                   79.92                               80.95
   Highest Base Price                 103.13                              103.13
   Weighted Average Price              88.12                               89.55
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        152,886      86,805     103,848      44,421
   Lowest Base Price                   79.28       79.28       79.28       80.90
   Highest Base Price                  97.40       96.53       96.53       97.40
   Weighted Average Price              89.49       89.33       89.27       89.75
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         60,593      33,991      36,251      21,896
   Lowest Base Price                   75.00       81.57       81.57       75.00
   Highest Base Price                 106.21      102.71      102.71      106.21
   Weighted Average Price              89.47       90.01       90.24       88.00
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,681                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            305                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,986                                    
   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#   -4.00    .00         205#     .00   4.00
    155#  -25.00 -10.00         185#   -1.50    .00         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 Hog3 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.51       
 
Price Range $90.00  - $95.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                6,008          Colorado                160
Iowa                 86,416          Idaho                   167
Illinois             16,772          Indiana              15,714
Kansas                  725          Kentucky              3,514
Michigan              9,081          Minnesota            46,264
Missouri              3,699          North Carolina        7,468
North Dakota            180          Nebraska             14,604
Ohio                 20,655          Oklahoma              1,917
Pennsylvania          6,465          South Dakota          8,115
Tennessee             1,485          Wisconsin               808

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