USDA National Daily Direct Hog Prior Day Report 03/11 08:00
03/11/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 03/11 08:00
LM_HG218
Des Moines, IA Wed, Mar 11, 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 8,875 8,712 5,871
Other Market Formula 25,932 20,163 24,986
Swine/Pork Market Formula 124,815 121,542 128,681
Other Purchase Arrangement 58,513 56,519 54,138
Negotiated Formula 512 318 40
Pack. Sold (all purchase types) 33,623 32,835 31,481
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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 7,260 22,475 119,055 55,139 195 204,124
Base Price 93.01 90.86 90.26 90.88 90.60
Packer Sold
Head Count 33,566
Base Price 91.26
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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 9,735
Lowest Base Price 86.00
Highest Base Price 94.00
Weighted Average Price 92.93 93.04 93.04
Negotiated Formula (carcass basis)
Head Count 195
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 9,930
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 26,545 13,636 18,973 7,572
Lowest Base Price 78.72 82.00
Highest Base Price 109.98 96.33
Weighted Average Price 91.69 91.88
Swine/Pork Market Formula (carcass basis)
Head Count 142,149 82,633 98,288 37,821
Lowest Base Price 81.83 81.83 81.83 84.33
Highest Base Price 97.40 97.40 97.40 96.27
Weighted Average Price 90.20 89.96 90.00 90.48
Other Purchase Arrangement (carcass basis)
Head Count 59,066 36,968 40,103 17,665
Lowest Base Price 79.49 80.75 80.75 79.49
Highest Base Price 101.87 101.87 101.87 98.80
Weighted Average Price 91.03 91.43 91.52 89.74
Negotiated (live basis)
Head Count 1,572
Lowest Base Price 68.50
Highest Base Price 73.44
Weighted Average Price 71.93 72.32
Negotiated Formula (live basis)
Head Count 317
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,889
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 -13.00 175# -4.00 -1.35 205# .00 4.00
155# -25.00 -10.00 185# -1.50 .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 Hog216.38 lb carcass .59 inch back-fat
8.15 square inch loin 2.71 inch loin depth FFLI: 54.28
Price Range $93.50 - $100.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,517 Iowa 90,487
Idaho 167 Illinois 19,635
Indiana 15,557 Kansas 1,252
Kentucky 1,716 Michigan 6,993
Minnesota 52,582 Missouri 4,035
North Carolina 7,381 North Dakota 170
Nebraska 13,925 Ohio 12,119
Oklahoma 1,869 Pennsylvania 5,347
South Dakota 8,078 Tennessee 3,795
Wisconsin 645
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