USDA National Daily Direct Morning Hog Report 02/12 10:55
02/12/2026 | 10:55 am CST USDA National Daily Direct Morning Hog Report 02/12 10:55
LSDLM_HG216
Des Moines, IA Thu, Feb 12, 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 5,138 4,058 1,610 767
Other Market Formula 24,266 23,842 24,834 30,877
Swine/Pork Market Formula 97,642 81,915 83,960 88,821
Other Purchase Arrangement 51,399 47,444 44,211 52,023
Negotiated Formula 185 185 324 264
Pack. Sold (all purchase types) 24,725 23,825 21,759 25,495
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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 2,621
Lowest Base Price 80.00
Highest Base Price 88.50
Weighted Average Price 87.00 87.43 87.06
Change from Previous Day -1.28 -.92 -1.29
Negotiated Formula (carcass basis)
Head Count 30
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,651
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 23,890 10,437 14,999 8,891
Lowest Base Price 77.32
Highest Base Price 109.58
Weighted Average Price 84.53
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 96,009 54,081 60,888 30,077
Lowest Base Price 78.43 78.43 78.43 79.70
Highest Base Price 93.92 92.72 92.72 93.92
Weighted Average Price 86.61 86.58 86.70 86.30
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 46,758 29,156 30,436 14,707
Lowest Base Price 80.05 80.05 80.05 80.42
Highest Base Price 98.54 97.32 97.32 98.54
Weighted Average Price 87.10 87.44 87.47 86.29
Change from Previous Day
Negotiated (live basis)
Head Count 879
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 155
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,034
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# -30.00 -13.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog9 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.75
Price Range $85.00 - $92.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,282 Iowa 55,987
Idaho 167 Illinois 16,521
Indiana 5,202 Kansas 958
Kentucky 3,048 Michigan 6,065
Minnesota 39,976 Missouri 2,519
North Carolina 7,608 North Dakota 181
Nebraska 10,577 New York 160
Ohio 14,729 Oklahoma 1,863
Pennsylvania 5,070 South Dakota 1,551
Tennessee 2,640 Wisconsin 165
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