USDA National Daily Direct Hog Prior Day Report 03/16 08:00
03/16/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 03/16 08:00
LM_HG218
Des Moines, IA Mon, Mar 16, 2026
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
--------------------------
Producer Sold
Negotiated 2,501 5,420 3,085
Other Market Formula 48,422 42,788 28,582
Swine/Pork Market Formula 134,905 155,152 130,842
Other Purchase Arrangement 73,688 116,998 103,753
Negotiated Formula 20 344 340
Pack. Sold (all purchase types) 41,669 34,044 33,642
================================================================================
Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 851 45,323 129,490 70,088 20 245,772
Base Price 90.12 88.28 90.30 89.99 89.84
Packer Sold
Head Count 41,495
Base Price 90.71
================================================================================
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 851
Lowest Base Price 86.00
Highest Base Price 91.00
Weighted Average Price 90.12 90.49 90.23
Negotiated Formula (carcass basis)
Head Count 20
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 871
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 50,353 22,028 27,331 23,022
Lowest Base Price 77.35 77.35
Highest Base Price 106.50 98.20
Weighted Average Price 88.88 87.61
Swine/Pork Market Formula (carcass basis)
Head Count 159,322 98,283 116,198 37,862
Lowest Base Price 82.91 83.95 82.91 83.95
Highest Base Price 97.03 97.03 97.03 95.32
Weighted Average Price 90.19 89.78 89.92 90.74
Other Purchase Arrangement (carcass basis)
Head Count 77,060 52,072 53,892 20,893
Lowest Base Price 79.86 83.40 83.40 79.86
Highest Base Price 104.77 103.20 103.20 104.77
Weighted Average Price 90.21 90.49 90.65 88.75
Negotiated (live basis)
Head Count 1,382
Lowest Base Price 59.50
Highest Base Price 72.40
Weighted Average Price 70.58 72.02
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,382
Lowest Base Price
Highest Base Price
Weighted Average Price
================================================================================
NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
================================================================================
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
================================================================================
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog217.76 lb carcass .58 inch back-fat
8.24 square inch loin 2.74 inch loin depth FFLI: 54.46
Price Range $93.50 - $98.50
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
-------------------------------------------
Canada 6,668 Iowa 124,490
Illinois 17,522 Indiana 17,402
Kansas 1,365 Kentucky 1,985
Michigan 6,461 Minnesota 49,559
Missouri 3,907 Montana 447
North Carolina 7,240 North Dakota 170
Nebraska 13,956 Ohio 35,565
Oklahoma 1,412 Pennsylvania 4,141
South Dakota 9,074 Wisconsin 180
================================================================================
[0600059D]