USDA National Daily Direct Afternoon Hog Report 03/18 14:55
03/18/2026 | 2:55 pm CDT USDA National Daily Direct Afternoon Hog Report 03/18 14:55
LSDLM_HG217
Des Moines, IA Wed, Mar 18, 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 7,917 7,917 9,717 10,355
Other Market Formula 21,952 21,952 34,755 14,692
Swine/Pork Market Formula 127,902 127,902 131,451 119,687
Other Purchase Arrangement 322,989 322,989 60,457 55,083
Negotiated Formula 1,355 1,355 1,205 160
Pack. Sold (all purchase types) 32,266 32,266 30,605 30,671
--------------------------------------------------------------------------------
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 5,985
Lowest Base Price 87.00
Highest Base Price 94.00
Weighted Average Price 93.29 93.27 93.29
Change from Previous Day 1.11 .92 .95
Negotiated Formula (carcass basis)
Head Count 1,305
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 7,290
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 22,410 15,393 19,477 2,933
Lowest Base Price 79.92 83.46
Highest Base Price 95.47 94.75
Weighted Average Price 89.29 89.20
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 147,149 83,395 100,460 41,950
Lowest Base Price 82.14 82.14 82.14 82.26
Highest Base Price 96.85 96.85 96.85 95.68
Weighted Average Price 90.85 90.45 90.41 91.74
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 323,684 301,379 302,819 18,762
Lowest Base Price 82.48 82.68 82.68 82.48
Highest Base Price 99.70 99.67 99.67 99.70
Weighted Average Price 84.41 83.97 84.02 89.64
Change from Previous Day
Negotiated (live basis)
Head Count 1,715
Lowest Base Price 63.25
Highest Base Price 71.50
Weighted Average Price 69.24 69.99
Change from Previous Day 1.44
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 1,855
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -13.00 175# -9.30 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
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.22
Price Range $93.50 - $98.00
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,632 Iowa 360,110
Idaho 168 Illinois 18,551
Indiana 12,130 Kansas 505
Kentucky 1,082 Michigan 7,950
Minnesota 46,883 Missouri 3,626
North Carolina 7,071 North Dakota 170
Nebraska 14,583 New York 160
Ohio 17,180 Oklahoma 1,975
Pennsylvania 6,048 South Dakota 8,130
Wisconsin 1,427
--------------------------------------------------------------------------------
[0600059D]