USDA National Daily Direct Hog Prior Day Report 01/02 07:55
01/02/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 01/02 07:55
LM_HG218
Des Moines, IA Fri, Jan 02, 2026
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
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Producer Sold
Negotiated 2,894 1,222 3,424
Other Market Formula 67,663 26,895 26,415
Swine/Pork Market Formula 114,335 65,078 134,525
Other Purchase Arrangement 56,893 48,277 55,378
Negotiated Formula 1,131 850
Pack. Sold (all purchase types) 29,558 19,013 34,811
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 1,646 66,026 110,079 53,292 310 231,353
Base Price 70.16 93.62 80.84 83.51 85.01
Packer Sold
Head Count 29,558
Base Price 81.83
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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 1,646
Lowest Base Price 65.00
Highest Base Price 73.00
Weighted Average Price 70.16 69.59 69.59
Negotiated Formula (carcass basis)
Head Count 310
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,956
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 69,771 13,604 19,944 49,827
Lowest Base Price 75.30
Highest Base Price 102.88
Weighted Average Price 93.21
Swine/Pork Market Formula (carcass basis)
Head Count 132,822 74,146 90,692 38,241
Lowest Base Price 70.08 70.08 70.08 71.44
Highest Base Price 88.48 87.04 87.04 88.48
Weighted Average Price 80.91 80.75 80.58 81.59
Other Purchase Arrangement (carcass basis)
Head Count 56,362 36,830 40,020 13,911
Lowest Base Price 73.10 75.71 75.71 73.10
Highest Base Price 99.71 93.25 94.15 99.71
Weighted Average Price 83.38 82.42 82.74 84.86
Negotiated (live basis)
Head Count 1,093
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 821
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,914
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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CARCASS WEIGHT DIFFERENTIALS
145# -25.00 -14.62 175# -7.00 .00 205# .00 4.00
155# -25.00 -10.00 185# .00 .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 Hog214.63 lb carcass .62 inch back-fat
8.33 square inch loin 2.77 inch loin depth FFLI: 53.98
Price Range $71.40 - $73.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,896 Iowa 83,300
Illinois 20,488 Indiana 13,988
Kansas 2,198 Kentucky 882
Michigan 5,078 Minnesota 43,529
Missouri 3,605 North Carolina 6,070
North Dakota 338 Nebraska 15,148
New York 173 Ohio 12,310
Oklahoma 1,870 Pennsylvania 3,968
South Dakota 8,602 Tennessee 45,171
Wisconsin 860
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