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USDA National Daily Direct Hog Prior Day Report 03/09 07:55

USDA National Daily Direct Hog Prior Day Report 03/09 07:55

LM_HG218
Des Moines, IA                             Mon, Mar 09, 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
                                                      --------------------------
Producer Sold
 Negotiated                                            5,420     1,890     3,202
 Other Market Formula                                 42,788    31,959    40,839
 Swine/Pork Market Formula                           155,152   142,093   144,202
 Other Purchase Arrangement                          116,998    80,376   140,030
 Negotiated Formula                                      344       150          
Pack. Sold (all purchase types)                       34,044    39,448    41,633
================================================================================
                           Other         Swine
                           Market       or Pork       Other
                           Formula       Market     Purchase  Negotiated Totals/
              Negotiated  (FUT/OPT)**    Formula    Arrgment   Formula   Wtd Avg
              ------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
 Head Count        4,724      38,825     149,045     113,568       195   306,357
 Base Price        91.84       88.65       89.29       88.24               88.86
Packer Sold
 Head Count                                                               34,004
 Base Price                                                                90.61
================================================================================

                          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                          6,374                                    
   Lowest Base Price                   88.00                                    
   Highest Base Price                  93.00                                    
   Weighted Average Price              91.75       91.85       91.85            
Negotiated Formula (carcass basis)
   Head Count                            195                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          6,569                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         43,375      18,809      24,762      18,613
   Lowest Base Price                   74.82                                    
   Highest Base Price                 109.00                                    
   Weighted Average Price              89.41                                    
Swine/Pork Market Formula (carcass basis)
   Head Count                        171,326      99,266     115,783      52,797
   Lowest Base Price                   81.11       81.11       81.11       83.23
   Highest Base Price                  96.33       96.33       96.33       95.21
   Weighted Average Price              89.25       89.18       89.18       89.27
Other Purchase Arrangement (carcass basis)
   Head Count                        119,091      92,134      94,244      22,427
   Lowest Base Price                   79.49       83.32       83.32       79.49
   Highest Base Price                 104.77       98.39       98.39      104.77
   Weighted Average Price              88.44       88.32       88.42       88.06
Negotiated (live basis)
   Head Count                            665                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (live basis)
   Head Count                            149                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            814                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
================================================================================
                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)
 
================================================================================
                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -30.00 -13.00         175#   -3.25   1.00         205#     .00   3.00
    155#  -30.00  -5.00         185#   -1.50   1.50         215#   -8.00   3.00
    165#  -15.00    .00         195#     .00   3.00         225#  -30.00   1.00
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog214.62 lb carcass .61 inch back-fat 
7.97 square inch loin 2.65 inch loin depth FFLI: 53.91
 
Price Range $91.00  - $99.00  
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                5,941          Iowa                150,026
Illinois             17,724          Indiana              24,428
Kansas                1,544          Kentucky              1,742
Michigan              9,207          Minnesota            67,821
Missouri              3,720          Montana                 224
North Carolina        7,420          Nebraska             14,452
Ohio                 36,018          Pennsylvania          4,423
South Dakota          8,258          Tennessee               330
Wisconsin             1,468          
================================================================================

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