USDA National Daily Direct Hog Prior Day Report 03/18 08:00
03/18/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 03/18 08:00
LM_HG218
Des Moines, IA Wed, Mar 18, 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 14,258 8,875 12,576
Other Market Formula 20,746 25,932 12,890
Swine/Pork Market Formula 126,694 124,815 117,607
Other Purchase Arrangement 61,539 58,513 54,114
Negotiated Formula 100 512 320
Pack. Sold (all purchase types) 32,997 33,623 24,752
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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 12,447 17,297 120,268 57,911 100 208,023
Base Price 92.56 88.15 90.79 90.96 90.72
Packer Sold
Head Count 32,330
Base Price 91.16
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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 12,622
Lowest Base Price 86.00
Highest Base Price 94.00
Weighted Average Price 92.55 92.67 92.70
Negotiated Formula (carcass basis)
Head Count 100
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 12,722
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 21,167 13,676 17,941 3,226
Lowest Base Price 79.92 83.46
Highest Base Price 95.47 95.00
Weighted Average Price 89.26 89.49
Swine/Pork Market Formula (carcass basis)
Head Count 144,896 80,134 98,813 40,881
Lowest Base Price 82.26 84.37 82.26 82.26
Highest Base Price 96.85 96.85 96.85 96.17
Weighted Average Price 90.73 90.49 90.46 91.21
Other Purchase Arrangement (carcass basis)
Head Count 61,568 40,232 42,204 17,427
Lowest Base Price 81.90 82.72 82.72 81.90
Highest Base Price 99.70 99.67 99.67 99.70
Weighted Average Price 91.06 91.46 91.54 89.60
Negotiated (live basis)
Head Count 1,715
Lowest Base Price 63.25
Highest Base Price 71.50
Weighted Average Price 69.04 68.19 68.19 69.65
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,855
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# -9.35 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 Hog219.16 lb carcass .60 inch back-fat
8.36 square inch loin 2.78 inch loin depth FFLI: 54.22
Price Range $93.00 - $98.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,362 Iowa 95,717
Illinois 18,782 Indiana 15,973
Kansas 692 Kentucky 1,609
Michigan 6,500 Minnesota 51,985
Missouri 3,938 Montana 226
North Carolina 7,102 North Dakota 170
Nebraska 15,077 New York 159
Ohio 14,779 Oklahoma 1,990
Pennsylvania 4,359 South Carolina 150
South Dakota 9,153 Wisconsin 1,731
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