USDA National Daily Direct Morning Hog Report 09/15 10:50
09/15/2026 | 10:50 am CDT USDA National Daily Direct Morning Hog Report 09/15 10:50
LSDLM_HG216
Des Moines, IA Tue, Sep 15, 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 7,635 7,305 1,250 6,226
Other Market Formula 9,771 9,431 16,062 17,803
Swine/Pork Market Formula 91,701 78,569 107,521 96,259
Other Purchase Arrangement 38,402 36,456 91,285 53,483
Negotiated Formula 955 955 480 329
Pack. Sold (all purchase types) 19,595 19,595 24,236 23,217
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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 6,341
Lowest Base Price 83.00
Highest Base Price 88.00
Weighted Average Price 85.11 83.85 83.85
Change from Previous Day 1.28
Negotiated Formula (carcass basis)
Head Count 955
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 7,296
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 7,125 1,224 1,224 5,901
Lowest Base Price 74.52 74.52 74.52 76.85
Highest Base Price 82.78 81.35 81.35 82.78
Weighted Average Price 79.66 78.54 78.54 79.90
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 90,678 53,645 61,092 25,725
Lowest Base Price 75.43 75.43 75.43 79.28
Highest Base Price 91.22 91.22 91.22 90.59
Weighted Average Price 84.52 84.25 84.28 84.38
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 35,553 21,893 23,523 11,220
Lowest Base Price 75.49 76.36 76.36 75.49
Highest Base Price 111.53 98.94 98.94 111.53
Weighted Average Price 85.96 85.35 85.24 87.47
Change from Previous Day
Negotiated (live basis)
Head Count 964
Lowest Base Price 59.25
Highest Base Price 65.95
Weighted Average Price 62.24 64.97
Change from Previous Day -1.15 1.73
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 1,104
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# -8.45 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.88
Price Range $83.00 - $89.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,847 Iowa 46,241
Illinois 17,761 Indiana 5,414
Kansas 1,361 Kentucky 2,065
Maryland 160 Michigan 2,774
Minnesota 36,471 Missouri 2,203
North Carolina 7,997 Nebraska 5,451
Ohio 7,444 Oklahoma 1,130
Pennsylvania 4,984 South Dakota 3,396
Tennessee 2,282 Wisconsin 330
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