USDA National Daily Direct Hog Prior Day Report 01/22 08:00
01/22/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 01/22 08:00
LM_HG218
Des Moines, IA Thu, Jan 22, 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 2,321 3,742 4,798
Other Market Formula 25,828 50,340 22,559
Swine/Pork Market Formula 126,210 124,878 134,030
Other Purchase Arrangement 61,730 68,095 60,807
Negotiated Formula 1,100 1,895 143
Pack. Sold (all purchase types) 32,563 34,168 24,858
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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 1,440 22,292 121,089 58,337 1,050 204,208
Base Price 81.97 82.59 83.88 82.89
Packer Sold
Head Count 32,540
Base Price 82.60
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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 1,440
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (carcass basis)
Head Count 1,050
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,490
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 25,722 11,720 16,866 8,856
Lowest Base Price 73.82 76.08
Highest Base Price 108.03 108.03
Weighted Average Price 82.68 81.25
Swine/Pork Market Formula (carcass basis)
Head Count 148,067 83,156 100,584 42,559
Lowest Base Price 69.78 69.78 69.78 73.10
Highest Base Price 88.13 88.13 88.13 88.13
Weighted Average Price 82.46 82.33 82.30 82.77
Other Purchase Arrangement (carcass basis)
Head Count 60,808 37,434 40,439 18,071
Lowest Base Price 71.60 71.60 71.60 73.10
Highest Base Price 104.84 93.03 93.03 104.84
Weighted Average Price 83.91 83.50 83.61 84.43
Negotiated (live basis)
Head Count 578
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 50
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 628
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 6,805 Iowa 88,097
Illinois 19,565 Indiana 21,893
Kansas 1,026 Kentucky 1,445
Michigan 5,300 Minnesota 46,713
Missouri 3,491 Montana 10
North Carolina 7,423 North Dakota 181
Nebraska 15,246 New York 158
Ohio 17,113 Oklahoma 1,893
Pennsylvania 4,350 South Dakota 9,062
Wisconsin 320
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