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USDA National Daily Direct Afternoon Hog Report 09/15 14:45

USDA National Daily Direct Afternoon Hog Report 09/15 14:45

LSDLM_HG217
Des Moines, IA                             Tue, Sep 15, 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                                  9,850     9,850     5,296    14,674
 Other Market Formula                       19,030    19,030    21,507    19,417
 Swine/Pork Market Formula                 126,484   126,484   138,048   144,540
 Other Purchase Arrangement                161,607   161,607   100,908    60,909
 Negotiated Formula                            995       995       480       649
Pack. Sold (all purchase types)             32,145    32,145    35,307    32,844
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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                          8,726                                    
   Lowest Base Price                   83.00                                    
   Highest Base Price                  88.00                                    
   Weighted Average Price              84.58       83.60       83.61            
   Change from Previous Day             1.76                     .20            
Negotiated Formula (carcass basis)
   Head Count                            995                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          9,721                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         20,633       9,093      13,422       7,211
   Lowest Base Price                   72.07                               73.38
   Highest Base Price                  83.14                               82.78
   Weighted Average Price              77.67                               79.38
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        146,504      84,571     100,492      40,894
   Lowest Base Price                   70.49       73.18       73.18       70.49
   Highest Base Price                  91.22       91.22       91.22       90.59
   Weighted Average Price              83.96       83.64       83.56       84.53
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                        161,020     139,494     142,734      17,316
   Lowest Base Price                   72.77       72.77       72.77       73.88
   Highest Base Price                 111.53       98.94       98.94      111.53
   Weighted Average Price              84.58       84.34       84.35       86.36
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            964                                    
   Lowest Base Price                   59.25                                    
   Highest Base Price                  65.95                                    
   Weighted Average Price              62.55                               64.97
   Change from Previous Day             -.84                                1.73
Negotiated Formula (live basis)
   Head Count                            140                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,104                                    
   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 -13.00         175#   -8.45   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.50   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 Hog2 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.88       
 
Price Range $83.00  - $89.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                6,264          Iowa                192,098
Illinois             19,437          Indiana              13,885
Kansas                1,543          Kentucky              2,065
Maryland                160          Michigan              6,459
Minnesota            49,363          Missouri              3,384
North Carolina        7,997          Nebraska             14,106
Ohio                 15,989          Oklahoma              1,130
Pennsylvania          5,173          South Dakota          8,040
Tennessee             2,282          Wisconsin               640

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