USDA National Daily Direct Hog Prior Day Report 02/12 08:00
02/12/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 02/12 08:00
LM_HG218
Des Moines, IA Thu, Feb 12, 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 5,333 4,306 4,462
Other Market Formula 27,146 19,645 45,179
Swine/Pork Market Formula 127,238 128,806 133,364
Other Purchase Arrangement 61,186 238,661 58,163
Negotiated Formula 1,395 1,374 282
Pack. Sold (all purchase types) 30,900 31,517 31,165
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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 3,788 23,527 122,372 57,579 1,240 208,506
Base Price 88.11 84.31 85.75 86.03 85.68
Packer Sold
Head Count 30,833
Base Price 85.90
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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 3,788
Lowest Base Price 80.00
Highest Base Price 88.75
Weighted Average Price 88.11 88.26 88.15
Negotiated Formula (carcass basis)
Head Count 1,240
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,028
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 27,277 12,813 18,640 8,637
Lowest Base Price 77.32
Highest Base Price 102.55
Weighted Average Price 84.72
Swine/Pork Market Formula (carcass basis)
Head Count 146,536 82,002 96,749 44,103
Lowest Base Price 77.74 78.43 78.43 77.74
Highest Base Price 92.72 92.72 92.72 91.17
Weighted Average Price 85.71 85.76 85.72 85.50
Other Purchase Arrangement (carcass basis)
Head Count 60,498 40,501 42,431 15,646
Lowest Base Price 75.21 77.33 77.33 75.21
Highest Base Price 98.54 97.32 97.32 98.54
Weighted Average Price 86.08 86.07 86.12 85.54
Negotiated (live basis)
Head Count 879
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 155
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,034
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# -30.00 -13.00 175# -8.88 1.00 205# .00 4.00
155# -30.00 -9.00 185# -1.50 1.50 215# .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 Hog218.09 lb carcass .69 inch back-fat
8.03 square inch loin 2.67 inch loin depth FFLI: 52.75
Price Range $86.50 - $92.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,680 Iowa 85,807
Illinois 19,920 Indiana 16,918
Kansas 1,913 Kentucky 3,241
Michigan 6,797 Minnesota 54,199
Missouri 3,103 North Carolina 7,669
North Dakota 349 Nebraska 14,987
New York 160 Ohio 16,172
Oklahoma 1,869 Pennsylvania 4,356
South Dakota 5,929 Tennessee 2,640
Wisconsin 489
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