USDA National Daily Direct Morning Hog Report 03/11 10:45
03/11/2026 | 10:45 am CDT USDA National Daily Direct Morning Hog Report 03/11 10:45
LSDLM_HG216
Des Moines, IA Wed, Mar 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 8,688 8,528 2,558 3,289
Other Market Formula 21,061 20,685 15,930 23,439
Swine/Pork Market Formula 97,210 83,599 83,288 84,946
Other Purchase Arrangement 49,589 45,624 48,182 47,808
Negotiated Formula 155 155 165
Pack. Sold (all purchase types) 22,760 22,760 24,603 24,044
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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 7,000
Lowest Base Price 86.00
Highest Base Price 94.00
Weighted Average Price 93.05 93.11 93.11
Change from Previous Day .37 .41
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 7,155
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 20,928 9,988 14,109 6,819
Lowest Base Price 78.72 85.55
Highest Base Price 109.80 109.80
Weighted Average Price 92.61 95.23
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 95,112 53,161 61,137 29,236
Lowest Base Price 81.83 81.83 81.83 83.60
Highest Base Price 97.40 97.40 97.40 96.27
Weighted Average Price 91.18 90.96 91.06 91.31
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 46,792 28,228 30,508 14,822
Lowest Base Price 82.48 82.83 82.83 82.48
Highest Base Price 101.87 101.87 101.87 98.80
Weighted Average Price 92.24 93.05 93.10 90.37
Change from Previous Day
Negotiated (live basis)
Head Count 1,512
Lowest Base Price 68.50
Highest Base Price 73.44
Weighted Average Price 71.96
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 1,512
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 Hog8 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.28
Price Range $93.00 - $98.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,940 Iowa 58,657
Illinois 16,462 Indiana 8,359
Kansas 902 Kentucky 2,275
Michigan 4,490 Minnesota 40,420
Missouri 3,389 North Carolina 7,375
North Dakota 170 Nebraska 9,312
Ohio 10,491 Oklahoma 1,869
Pennsylvania 5,238 South Dakota 3,382
Tennessee 3,135 Wisconsin 485
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