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USDA National Daily Direct Hog Prior Day Report 03/17 10:35

USDA National Daily Direct Hog Prior Day Report 03/17 10:35

LM_HG218
Des Moines, IA                             Tue, Mar 17, 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                                            3,481     4,429     6,482
 Other Market Formula                                 16,787    25,173    20,984
 Swine/Pork Market Formula                           118,134   119,820   120,660
 Other Purchase Arrangement                           57,459    60,457    61,863
 Negotiated Formula                                      825       480          
Pack. Sold (all purchase types)                       32,156    30,285    38,127
================================================================================
                           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        2,245      12,878     112,070      54,352       775   182,320
 Base Price        89.72       87.73       90.50       91.07               90.48
Packer Sold
 Head Count                                                               31,776
 Base Price                                                                91.12
================================================================================

                          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                          3,845                                    
   Lowest Base Price                   85.50                                    
   Highest Base Price                  93.00                                    
   Weighted Average Price              90.67       91.84       91.85       85.88
Negotiated Formula (carcass basis)
   Head Count                            775                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          4,620                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         15,943      11,034      14,504       1,439
   Lowest Base Price                   78.05                               86.63
   Highest Base Price                  96.08                               94.70
   Weighted Average Price              89.01                               90.10
Swine/Pork Market Formula (carcass basis)
   Head Count                        135,329      76,937      92,455      37,062
   Lowest Base Price                   82.20       84.16       84.16       82.20
   Highest Base Price                  97.03       97.03       97.03       94.60
   Weighted Average Price              90.48       90.26       90.21       90.90
Other Purchase Arrangement (carcass basis)
   Head Count                         58,359      36,572      39,316      17,414
   Lowest Base Price                   81.90       83.04       83.04       81.90
   Highest Base Price                 105.68      102.60      102.60      105.68
   Weighted Average Price              91.17       91.41       91.54       90.09
Negotiated (live basis)
   Head Count                          1,066                                    
   Lowest Base Price                   64.00                                    
   Highest Base Price                  72.00                                    
   Weighted Average Price              67.61                               69.75
Negotiated Formula (live basis)
   Head Count                            140                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            746                                    
   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#  -25.00 -13.00         175#   -4.00    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#   -1.50    .00         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 Hog217.26 lb carcass .57 inch back-fat 
8.27 square inch loin 2.75 inch loin depth FFLI: 54.63
 
Price Range $85.50  - $100.50 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                6,090          Iowa                 83,089
Illinois             17,344          Indiana              14,707
Kansas                1,015          Kentucky              1,469
Maryland                328          Michigan              7,059
Minnesota            45,784          Missouri              4,153
Montana                 677          North Carolina        7,335
North Dakota             90          Nebraska             11,820
Ohio                 12,566          Oklahoma              1,880
Pennsylvania          4,064          South Dakota          8,806
Wisconsin               721          
================================================================================

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