USDA National Daily Direct Hog Prior Day Report 03/12 07:50
03/12/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 03/12 07:50
LM_HG218
Des Moines, IA Thu, Mar 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 8,237 6,504 8,234
Other Market Formula 36,638 24,496 26,698
Swine/Pork Market Formula 127,680 129,644 130,519
Other Purchase Arrangement 60,534 60,402 57,651
Negotiated Formula 1,365 1,050 282
Pack. Sold (all purchase types) 30,878 31,585 32,000
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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 6,995 33,024 121,543 57,446 1,365 220,373
Base Price 92.78 88.69 90.30 90.30 90.11
Packer Sold
Head Count 30,875
Base Price 90.95
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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 6,995
Lowest Base Price 86.00
Highest Base Price 94.00
Weighted Average Price 92.78 92.88 92.88
Negotiated Formula (carcass basis)
Head Count 1,365
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 8,360
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 36,934 24,949 30,640 6,294
Lowest Base Price 78.45 78.45 78.45 87.67
Highest Base Price 109.80 96.95 96.95 109.80
Weighted Average Price 89.42 87.44 88.32 94.79
Swine/Pork Market Formula (carcass basis)
Head Count 146,071 84,177 100,415 40,142
Lowest Base Price 82.17 82.17 82.17 83.60
Highest Base Price 97.45 97.45 97.45 95.89
Weighted Average Price 90.27 90.23 90.15 90.40
Other Purchase Arrangement (carcass basis)
Head Count 59,883 38,941 41,709 16,222
Lowest Base Price 80.58 80.58 80.58 80.80
Highest Base Price 99.41 99.41 99.41 99.35
Weighted Average Price 90.37 90.57 90.71 89.15
Negotiated (live basis)
Head Count 916
Lowest Base Price 59.75
Highest Base Price 73.30
Weighted Average Price 67.51 69.24
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 916
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# -4.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -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 Hog216.36 lb carcass .58 inch back-fat
8.18 square inch loin 2.72 inch loin depth FFLI: 54.45
Price Range $93.00 - $97.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 7,442 Colorado 161
Iowa 91,166 Illinois 16,946
Indiana 16,715 Kansas 1,200
Kentucky 1,277 Michigan 5,434
Minnesota 64,431 Missouri 4,829
North Carolina 7,315 Nebraska 14,930
Ohio 14,337 Oklahoma 1,874
Pennsylvania 4,737 South Dakota 7,433
Tennessee 3,960 Wisconsin 1,145
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