USDA National Daily Direct Morning Hog Report 02/11 10:50
02/11/2026 | 10:53 am CST USDA National Daily Direct Morning Hog Report 02/11 10:50
LSDLM_HG216
Des Moines, IA Wed, Feb 11, 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 4,264 3,764 3,204 3,840
Other Market Formula 22,785 22,445 12,788 37,376
Swine/Pork Market Formula 117,335 101,089 82,583 91,840
Other Purchase Arrangement 58,526 53,778 45,516 48,988
Negotiated Formula 165
Pack. Sold (all purchase types) 27,368 27,368 25,313 24,109
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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 2,142
Lowest Base Price 81.00
Highest Base Price 88.75
Weighted Average Price 88.28 88.35 88.35
Change from Previous Day 3.36 3.43 3.43
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 2,142
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 22,419 10,228 14,463 7,956
Lowest Base Price 75.42
Highest Base Price 88.60
Weighted Average Price 84.04
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 118,037 67,487 79,771 33,416
Lowest Base Price 77.74 80.11 80.11 77.74
Highest Base Price 92.24 91.25 92.24 90.74
Weighted Average Price 85.86 85.67 85.52 86.45
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 54,681 35,092 36,372 16,862
Lowest Base Price 75.26 75.94 75.94 75.26
Highest Base Price 98.19 97.46 97.46 98.19
Weighted Average Price 86.74 86.71 86.79 86.48
Change from Previous Day
Negotiated (live basis)
Head Count 1,478
Lowest Base Price 59.25
Highest Base Price 69.65
Weighted Average Price 66.26
Change from Previous Day
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,478
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# -25.00 -13.00 175# -8.88 .00 205# .00 4.00
155# -25.00 -9.00 185# -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 Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.14
Price Range $86.50 - $92.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,307 Iowa 76,706
Illinois 16,920 Indiana 9,862
Kansas 549 Kentucky 2,577
Michigan 5,890 Minnesota 40,018
Missouri 2,169 North Carolina 7,771
North Dakota 170 Nebraska 13,686
Ohio 12,588 Oklahoma 1,841
Pennsylvania 5,105 South Dakota 4,151
Tennessee 2,640 Wisconsin 494
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