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USDA National Daily Direct Afternoon Hog Report 09/11 14:55

USDA National Daily Direct Afternoon Hog Report 09/11 14:55

LSDLM_HG217
Des Moines, IA                             Fri, Sep 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                                  2,566     2,566     2,241     3,483
 Other Market Formula                       28,784    28,784    12,035    57,450
 Swine/Pork Market Formula                 153,321   153,321   102,550   135,500
 Other Purchase Arrangement                 80,221    80,221    91,840    59,662
 Negotiated Formula                            837       837       566       369
Pack. Sold (all purchase types)             40,592    40,592    17,054    34,517
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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                            580                                    
   Lowest Base Price                   80.00                                    
   Highest Base Price                  86.00                                    
   Weighted Average Price              85.38                   83.71            
   Change from Previous Day            -1.48                   -3.15            
Negotiated Formula (carcass basis)
   Head Count                            100                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            680                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         31,395      13,835      21,982       9,413
   Lowest Base Price                   74.52                               76.02
   Highest Base Price                  94.75                               94.75
   Weighted Average Price              80.52                               84.06
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        181,026     110,072     124,126      51,101
   Lowest Base Price                   76.31       76.31       76.31       76.96
   Highest Base Price                  93.07       93.07       93.07       91.44
   Weighted Average Price              85.49       84.99       84.98       86.27
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         79,883      50,020      52,990      25,101
   Lowest Base Price                   74.69       74.69       74.69       77.50
   Highest Base Price                 105.83       99.79       99.79      105.83
   Weighted Average Price              85.18       84.25       84.36       86.76
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,265                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            797                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,062                                    
   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 -14.62         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#     .00   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 Hog1 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.04       
 
Price Range $86.50  - $89.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                6,618          Colorado                159
Iowa                119,660          Idaho                   333
Illinois             21,984          Indiana              22,715
Kansas                1,027          Kentucky              2,496
Michigan              8,041          Minnesota            56,673
Missouri              3,506          North Carolina        8,157
North Dakota            170          Nebraska             17,031
Ohio                 22,393          Oklahoma              1,214
Pennsylvania          4,614          South Dakota          7,105
Tennessee             1,760          Wisconsin               665

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