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USDA National Daily Direct Morning Hog Report 03/10 10:45

USDA National Daily Direct Morning Hog Report 03/10 10:45

LSDLM_HG216
Des Moines, IA                             Tue, Mar 10, 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                                  3,224     1,974     3,854     2,766
 Other Market Formula                       15,982    15,642    17,531    23,415
 Swine/Pork Market Formula                  96,248    79,458    94,977    91,292
 Other Purchase Arrangement                 48,601    44,484    53,247    48,638
 Negotiated Formula                            485       485       165       100
Pack. Sold (all purchase types)             24,395    24,395    31,711    27,253
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                          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                          2,695                                    
   Lowest Base Price                   88.00                                    
   Highest Base Price                  94.00                                    
   Weighted Average Price              92.68                   92.70            
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            155                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,850                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         15,204       8,914      13,364       1,840
   Lowest Base Price                   78.25                               82.13
   Highest Base Price                  96.88                               96.88
   Weighted Average Price              90.54                               92.20
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         91,441      54,559      63,096      24,335
   Lowest Base Price                   83.44       83.44       83.44       87.95
   Highest Base Price                  96.45       96.45       96.45       95.45
   Weighted Average Price              91.41       91.26       91.35       91.56
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         44,796      28,976      30,591      12,907
   Lowest Base Price                   77.98       77.98       77.98       79.49
   Highest Base Price                 101.74      101.74      101.74       99.41
   Weighted Average Price              92.37       92.90       93.01       90.74
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,148                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            330                                    
   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#  -30.00 -13.00         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00 -10.00         185#   -1.50   1.50         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 Hog5 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 54.11       
 
Price Range $93.00  - $100.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,442          Iowa                 59,094
Illinois             15,868          Indiana               5,481
Kansas                  971          Kentucky              1,443
Maryland                164          Michigan              3,625
Minnesota            36,481          Missouri              3,389
North Carolina        7,540          North Dakota            345
Nebraska             10,128          Ohio                  9,954
Oklahoma              1,743          Pennsylvania          2,566
South Dakota          2,874          Wisconsin               330

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