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USDA National Daily Direct Afternoon Hog Report 03/31 14:45

USDA National Daily Direct Afternoon Hog Report 03/31 14:45

LSDLM_HG217
Des Moines, IA                             Tue, Mar 31, 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                                  8,135     8,135     9,102    11,070
 Other Market Formula                       21,554    21,554    18,443    20,232
 Swine/Pork Market Formula                 118,686   118,686   140,920   123,368
 Other Purchase Arrangement                 61,750    61,750    69,750    66,722
 Negotiated Formula                            265       265       625       365
Pack. Sold (all purchase types)             27,236    27,236    37,954    33,903
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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                          5,584                                    
   Lowest Base Price                   88.00                                    
   Highest Base Price                  91.00                                    
   Weighted Average Price              90.58       90.79       90.62            
   Change from Previous Day             -.34        -.16        -.38            
Negotiated Formula (carcass basis)
   Head Count                            265                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          5,849                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         22,355      11,264      16,893       5,462
   Lowest Base Price                   79.25                               80.95
   Highest Base Price                  92.22                               92.03
   Weighted Average Price              87.21                               89.15
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        132,243      75,137      88,483      38,455
   Lowest Base Price                   78.68       81.08       79.58       78.68
   Highest Base Price                  95.87       95.87       95.87       93.92
   Weighted Average Price              89.75       89.38       89.46       90.18
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         63,204      36,501      39,509      22,065
   Lowest Base Price                   80.09       81.72       81.72       80.09
   Highest Base Price                 106.58      102.18      102.18      106.58
   Weighted Average Price              89.20       89.56       89.63       88.29
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          2,044                                    
   Lowest Base Price                   63.00                                    
   Highest Base Price                  74.00                                    
   Weighted Average Price              70.39       68.24       68.24       72.56
   Change from Previous Day             -.23                                 .05
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                          2,184                                    
   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#   -8.95   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 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                6,191          Iowa                 81,668
Idaho                   167          Illinois             17,525
Indiana               9,098          Kansas                  986
Kentucky              1,063          Maryland                160
Michigan              7,078          Minnesota            47,246
Missouri              3,670          North Carolina        7,531
North Dakota            175          Nebraska             12,299
Ohio                 19,059          Oklahoma              1,910
Pennsylvania          7,818          South Dakota          9,794
Tennessee             3,300          Wisconsin               873

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