USDA National Daily Direct Morning Hog Report 01/20 11:00
01/20/2026 | 11:00 am CST USDA National Daily Direct Morning Hog Report 01/20 11:00
LSDLM_HG216
Des Moines, IA Tue, Jan 20, 2026
DAILY DIRECT MORNING HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 1,956 1,456 859 710
Other Market Formula 20,350 20,010 18,009 12,623
Swine/Pork Market Formula 105,009 90,336 92,923 79,766
Other Purchase Arrangement 55,122 51,327 56,146 51,029
Negotiated Formula 165 165 498 326
Pack. Sold (all purchase types) 19,891 19,891 29,603 13,512
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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 715
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 715
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 18,623 6,587 9,587 9,036
Lowest Base Price 72.43
Highest Base Price 96.15
Weighted Average Price 87.70
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 103,134 66,368 76,731 22,268
Lowest Base Price 74.50 74.50 74.50 75.10
Highest Base Price 88.55 86.66 86.66 88.55
Weighted Average Price 81.49 81.45 81.28 82.17
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 49,721 31,653 32,308 16,280
Lowest Base Price 69.92 69.92 69.92 76.64
Highest Base Price 99.44 92.00 92.00 99.44
Weighted Average Price 83.68 83.03 83.08 84.78
Change from Previous Day
Negotiated (live basis)
Head Count 376
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 541
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY
DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
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CARCASS WEIGHT DIFFERENTIALS
145# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,671 Iowa 69,662
Idaho 167 Illinois 14,307
Indiana 4,736 Kansas 525
Kentucky 8,041 Maryland 170
Michigan 5,545 Minnesota 36,634
Missouri 2,772 Montana 223
North Carolina 340 Nebraska 10,817
Ohio 16,197 Oklahoma 1,916
Pennsylvania 4,826 South Dakota 2,496
Wisconsin 140
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