USDA National Daily Direct Morning Hog Report 03/31 10:50
03/31/2026 | 10:50 am CDT USDA National Daily Direct Morning Hog Report 03/31 10:50
LSDLM_HG216
Des Moines, IA Tue, Mar 31, 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 5,862 5,362 1,598 1,717
Other Market Formula 19,059 18,719 14,053 17,665
Swine/Pork Market Formula 102,168 89,717 93,396 83,397
Other Purchase Arrangement 50,319 47,691 48,596 55,127
Negotiated Formula 100 100 625 290
Pack. Sold (all purchase types) 24,154 24,154 27,336 23,280
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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 3,104
Lowest Base Price 88.00
Highest Base Price 91.00
Weighted Average Price 90.37 90.69 90.44
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 100
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,204
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 18,673 10,442 14,351 4,322
Lowest Base Price 79.25 88.98
Highest Base Price 92.22 92.03
Weighted Average Price 87.49 90.63
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 102,242 58,912 67,119 30,437
Lowest Base Price 78.68 81.08 81.08 78.68
Highest Base Price 95.87 95.87 95.87 93.92
Weighted Average Price 89.87 89.49 89.64 90.05
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 48,672 29,203 31,511 16,184
Lowest Base Price 80.46 81.72 81.72 80.46
Highest Base Price 106.58 102.18 102.18 106.58
Weighted Average Price 89.66 90.20 90.22 88.49
Change from Previous Day
Negotiated (live basis)
Head Count 2,004
Lowest Base Price 63.00
Highest Base Price 74.00
Weighted Average Price 70.45 72.56
Change from Previous Day -.25 -.67
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,144
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# -8.95 -1.35 205# .00 4.00
155# -25.00 -10.00 185# -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 Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.80
Price Range $91.00 - $97.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,919 Iowa 65,782
Illinois 15,699 Indiana 5,084
Kansas 850 Kentucky 1,063
Maryland 160 Michigan 6,088
Minnesota 36,127 Missouri 3,333
North Carolina 7,531 North Dakota 175
Nebraska 9,274 Ohio 13,455
Oklahoma 1,793 Pennsylvania 4,987
South Dakota 5,410 Tennessee 3,300
Wisconsin 713
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[0600059D]