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USDA National Daily Direct Afternoon Hog Report 03/16 14:45

USDA National Daily Direct Afternoon Hog Report 03/16 14:45

LSDLM_HG217
Des Moines, IA                             Mon, Mar 16, 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                                  3,623     3,623     5,606     3,597
 Other Market Formula                       24,699    24,699    35,223    24,984
 Swine/Pork Market Formula                 121,209   121,209   167,801   128,880
 Other Purchase Arrangement                 70,559    70,559   125,869   107,476
 Negotiated Formula                            845       845       465          
Pack. Sold (all purchase types)             29,216    29,216    38,896    42,252
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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                          3,495                                    
   Lowest Base Price                   85.50                                    
   Highest Base Price                  93.00                                    
   Weighted Average Price              90.73                               85.88
   Change from Previous Day            -1.09                                    
Negotiated Formula (carcass basis)
   Head Count                            795                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          4,290                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         26,449      20,911      25,976         473
   Lowest Base Price                   79.25                               86.63
   Highest Base Price                 106.50                               94.70
   Weighted Average Price              90.04                               90.31
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        132,856      75,649      91,705      35,496
   Lowest Base Price                   83.95       83.95       83.95       84.69
   Highest Base Price                  97.03       97.03       97.03       95.32
   Weighted Average Price              91.24       90.93       91.03       91.68
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         72,138      44,328      45,450      24,729
   Lowest Base Price                   79.86       84.07       84.07       79.86
   Highest Base Price                 104.77       99.41       99.41      104.77
   Weighted Average Price              90.40       91.09       91.18       88.69
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,478                                    
   Lowest Base Price                   59.50                                    
   Highest Base Price                  72.35                                    
   Weighted Average Price              70.68                               71.79
   Change from Previous Day             2.96                                -.13
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                          1,618                                    
   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#  -25.00 -13.00         175#   -3.25    .00         205#     .00    .00
    155#  -11.82  -5.00         185#   -1.50    .00         215#   -8.00    .00
    165#   -5.00    .00         195#     .00    .00         225#  -30.00    .00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 54.46       
 
Price Range $85.50  - $100.50 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                6,097          Iowa                 97,508
Illinois             18,974          Indiana              14,291
Kansas                1,190          Kentucky              1,594
Michigan              6,439          Minnesota            47,176
Missouri              4,154          Montana                 679
North Carolina        7,240          North Dakota            260
Nebraska             11,665          Ohio                 16,381
Oklahoma              1,412          Pennsylvania          6,457
South Dakota          8,240          Wisconsin               394

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