USDA National Daily Direct Hog Prior Day Report 03/23 07:45
03/23/2026 | 7:45 am CDT USDA National Daily Direct Hog Prior Day Report 03/23 07:45
LM_HG218
Des Moines, IA Mon, Mar 23, 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
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Producer Sold
Negotiated 3,146 2,501 3,839
Other Market Formula 26,829 48,422 27,922
Swine/Pork Market Formula 157,831 134,905 147,593
Other Purchase Arrangement 99,414 73,688 130,704
Negotiated Formula 809 20 450
Pack. Sold (all purchase types) 39,570 41,669 40,415
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 1,400 24,210 151,800 95,665 490 273,565
Base Price 90.63 85.73 89.94 89.20 89.31
Packer Sold
Head Count 39,070
Base Price 90.93
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Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
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Negotiated (carcass basis)
Head Count 1,400
Lowest Base Price 87.00
Highest Base Price 92.00
Weighted Average Price 90.63 91.32 91.21
Negotiated Formula (carcass basis)
Head Count 490
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,890
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 30,548 17,188 27,653 2,895
Lowest Base Price 78.72 80.95
Highest Base Price 95.07 93.55
Weighted Average Price 87.10 85.41
Swine/Pork Market Formula (carcass basis)
Head Count 177,711 105,260 126,321 48,536
Lowest Base Price 82.36 82.36 82.36 82.55
Highest Base Price 96.94 96.94 96.94 95.48
Weighted Average Price 89.98 89.90 89.78 90.30
Other Purchase Arrangement (carcass basis)
Head Count 102,807 75,702 79,120 21,571
Lowest Base Price 80.23 83.22 83.22 80.23
Highest Base Price 103.04 103.04 103.04 99.70
Weighted Average Price 89.41 89.63 89.77 87.74
Negotiated (live basis)
Head Count 1,293
Lowest Base Price 60.75
Highest Base Price 74.00
Weighted Average Price 69.34
Negotiated Formula (live basis)
Head Count 459
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,752
Lowest Base Price
Highest Base Price
Weighted Average Price
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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)
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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 Hog218.64 lb carcass .60 inch back-fat
8.45 square inch loin 2.81 inch loin depth FFLI: 54.28
Price Range $92.23 - $99.25
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,023 Iowa 142,230
Illinois 17,704 Indiana 24,585
Kansas 1,541 Kentucky 2,038
Michigan 8,216 Minnesota 58,819
Missouri 4,529 Montana 224
North Carolina 7,007 North Dakota 134
Nebraska 22,982 Ohio 17,094
Oklahoma 219 Pennsylvania 4,302
South Dakota 9,483 Wisconsin 814
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