USDA National Daily Direct Hog Prior Day Report 03/27 08:00
03/27/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 03/27 08:00
LM_HG218
Des Moines, IA Fri, Mar 27, 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 4,456 3,095 5,896
Other Market Formula 23,827 21,324 23,767
Swine/Pork Market Formula 135,815 129,313 124,238
Other Purchase Arrangement 50,386 53,054 55,516
Negotiated Formula 165 665
Pack. Sold (all purchase types) 30,882 30,152 29,144
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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 1,930 21,410 130,197 47,512 201,049
Base Price 90.52 87.07 89.18 88.73 88.86
Packer Sold
Head Count 30,238
Base Price 89.27
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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 1,930
Lowest Base Price 89.00
Highest Base Price 92.00
Weighted Average Price 90.52
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,930
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 24,840 14,676 18,296 6,544
Lowest Base Price 80.32 80.95
Highest Base Price 103.13 103.13
Weighted Average Price 87.69 89.33
Swine/Pork Market Formula (carcass basis)
Head Count 155,097 89,286 105,229 44,368
Lowest Base Price 79.28 79.28 79.28 80.90
Highest Base Price 97.40 96.23 96.23 97.40
Weighted Average Price 89.14 89.16 89.00 89.13
Other Purchase Arrangement (carcass basis)
Head Count 49,420 25,660 28,590 18,384
Lowest Base Price 75.00 81.57 81.57 75.00
Highest Base Price 102.65 102.65 102.65 101.16
Weighted Average Price 88.75 88.91 89.27 87.61
Negotiated (live basis)
Head Count 1,960
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 305
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,265
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 .00 205# .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 Hog216.41 lb carcass .66 inch back-fat
8.15 square inch loin 2.71 inch loin depth FFLI: 53.27
Price Range $90.00 - $96.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,221 Colorado 103
Iowa 93,720 Illinois 19,630
Indiana 17,096 Kansas 850
Kentucky 3,505 Michigan 7,577
Minnesota 39,292 Missouri 2,976
North Carolina 7,396 North Dakota 350
Nebraska 13,470 Ohio 16,219
Oklahoma 1,964 Pennsylvania 4,348
South Dakota 8,351 Tennessee 1,485
Wisconsin 978
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