USDA National Daily Direct Hog Prior Day Report 03/31 07:55
03/31/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 03/31 07:55
LM_HG218
Des Moines, IA Tue, Mar 31, 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 7,433 3,606 2,588
Other Market Formula 25,696 16,108 20,520
Swine/Pork Market Formula 131,734 131,939 124,443
Other Purchase Arrangement 59,078 62,447 62,346
Negotiated Formula 165 830 125
Pack. Sold (all purchase types) 31,803 33,079 38,077
================================================================================
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 4,310 22,081 125,234 55,639 165 207,429
Base Price 90.86 87.97 89.12 88.72 88.93
Packer Sold
Head Count 31,226
Base Price 89.48
================================================================================
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 4,310
Lowest Base Price 88.00
Highest Base Price 92.00
Weighted Average Price 90.86 90.88 90.93
Negotiated Formula (carcass basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,475
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 26,151 11,084 16,013 10,138
Lowest Base Price 79.25 80.95
Highest Base Price 108.48 108.48
Weighted Average Price 88.41 91.01
Swine/Pork Market Formula (carcass basis)
Head Count 148,373 86,629 103,921 39,605
Lowest Base Price 78.68 81.01 79.85 78.68
Highest Base Price 95.87 95.87 95.87 94.18
Weighted Average Price 89.10 88.83 88.80 89.56
Other Purchase Arrangement (carcass basis)
Head Count 59,656 37,058 39,422 17,952
Lowest Base Price 80.46 81.69 81.69 80.46
Highest Base Price 106.58 102.18 102.18 106.58
Weighted Average Price 88.86 88.66 88.77 88.61
Negotiated (live basis)
Head Count 2,326
Lowest Base Price 63.00
Highest Base Price 74.00
Weighted Average Price 70.29 71.78
Negotiated Formula (live basis)
Head Count 280
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,606
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# -25.00 -13.00 175# -9.15 -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
================================================================================
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog216.75 lb carcass .69 inch back-fat
8.09 square inch loin 2.69 inch loin depth FFLI: 52.80
Price Range $91.00 - $96.00
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
-------------------------------------------
Canada 5,799 Iowa 93,601
Illinois 19,560 Indiana 15,520
Kansas 1,370 Kentucky 1,412
Maryland 160 Michigan 7,331
Minnesota 47,386 Missouri 3,786
Montana 675 North Carolina 7,531
North Dakota 325 Nebraska 14,276
Ohio 14,698 Oklahoma 1,996
Pennsylvania 4,994 South Dakota 9,331
Tennessee 5,280 Wisconsin 878
================================================================================
[0600059D]