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USDA National Daily Direct Afternoon Hog Report 03/11 14:45

USDA National Daily Direct Afternoon Hog Report 03/11 14:45

LSDLM_HG217
Des Moines, IA                             Wed, Mar 11, 2026

DAILY DIRECT AFTERNOON 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                                  9,765     9,765     7,135     9,723
 Other Market Formula                       34,755    34,755    20,311    25,042
 Swine/Pork Market Formula                 131,466   131,466   128,471   132,184
 Other Purchase Arrangement                 60,457    60,457    63,668    59,349
 Negotiated Formula                          1,205     1,205                 265
Pack. Sold (all purchase types)             30,608    30,608    34,321    33,152
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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                          7,990                                    
   Lowest Base Price                   86.00                                    
   Highest Base Price                  94.00                                    
   Weighted Average Price              92.89       92.95       92.95            
   Change from Previous Day              .12         .05         .05            
Negotiated Formula (carcass basis)
   Head Count                          1,205                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          9,195                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         36,018      23,463      29,199       6,819
   Lowest Base Price                   78.45       78.45       78.45       85.55
   Highest Base Price                 109.80       97.82       97.82      109.80
   Weighted Average Price              90.26       88.18       89.10       95.23
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        149,629      83,291     100,337      43,475
   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              90.21       89.98       89.94       90.64
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         61,625      38,278      41,024      18,649
   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              90.88       91.26       91.38       89.51
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,562                                    
   Lowest Base Price                   68.50                                    
   Highest Base Price                  73.44                                    
   Weighted Average Price              71.86                               72.23
   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                          1,562                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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                7,558          Iowa                 90,696
Illinois             17,814          Indiana              17,587
Kansas                1,252          Kentucky              2,275
Michigan              6,865          Minnesota            63,026
Missouri              3,685          North Carolina        7,375
North Dakota            170          Nebraska             15,644
Ohio                 15,850          Oklahoma              1,869
Pennsylvania          5,398          South Dakota          7,572
Tennessee             3,135          Wisconsin               485

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