USDA National Daily Direct Hog Prior Day Report 01/16 08:00
01/16/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 01/16 08:00
LM_HG218
Des Moines, IA Fri, Jan 16, 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 894 2,551 1,411
Other Market Formula 23,515 24,225 33,998
Swine/Pork Market Formula 125,320 128,311 126,244
Other Purchase Arrangement 307,996 60,385 50,529
Negotiated Formula 329 155 154
Pack. Sold (all purchase types) 32,220 30,217 28,803
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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 305 20,056 120,081 304,514 165 445,121
Base Price 85.30 80.97 81.23 81.34
Packer Sold
Head Count 32,094
Base Price 81.35
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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 305
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (carcass basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 470
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 23,241 13,134 18,740 4,501
Lowest Base Price 74.68
Highest Base Price 105.85
Weighted Average Price 85.59
Swine/Pork Market Formula (carcass basis)
Head Count 146,527 83,656 97,585 44,174
Lowest Base Price 70.00 74.22 74.22 73.34
Highest Base Price 86.11 86.11 86.11 85.81
Weighted Average Price 80.88 80.72 80.70 81.28
Other Purchase Arrangement (carcass basis)
Head Count 307,135 290,046 291,996 15,139
Lowest Base Price 73.10 73.10
Highest Base Price 99.82 99.82
Weighted Average Price 81.25 83.45
Negotiated (live basis)
Head Count 184
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 164
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 348
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,204 Iowa 340,302
Idaho 501 Illinois 17,606
Indiana 16,770 Kansas 1,176
Kentucky 1,247 Michigan 7,808
Minnesota 47,374 Missouri 2,885
North Carolina 7,902 North Dakota 170
Nebraska 15,284 New York 160
Ohio 14,970 Oklahoma 1,894
Pennsylvania 4,173 South Dakota 5,235
Texas 111 Wisconsin 660
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