USDA National Daily Direct Hog Prior Day Report 03/24 07:50
03/24/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 03/24 07:50
LM_HG218
Des Moines, IA Tue, Mar 24, 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 3,606 3,481 8,091
Other Market Formula 16,108 16,787 19,073
Swine/Pork Market Formula 131,939 118,134 123,968
Other Purchase Arrangement 62,447 57,459 61,481
Negotiated Formula 830 825 75
Pack. Sold (all purchase types) 33,079 32,156 37,729
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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 1,962 13,474 124,351 58,851 780 199,418
Base Price 92.16 86.16 90.55 90.38 90.23
Packer Sold
Head Count 32,559
Base Price 90.64
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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 1,962
Lowest Base Price 89.00
Highest Base Price 93.00
Weighted Average Price 92.16 92.28 92.28
Negotiated Formula (carcass basis)
Head Count 780
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,742
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 17,224 10,213 14,858 2,366
Lowest Base Price 80.95 80.95
Highest Base Price 94.68 94.68
Weighted Average Price 87.33 87.69
Swine/Pork Market Formula (carcass basis)
Head Count 149,337 89,102 105,268 39,036
Lowest Base Price 80.87 83.33 83.33 80.87
Highest Base Price 96.91 96.91 96.91 96.40
Weighted Average Price 90.51 90.27 90.26 90.93
Other Purchase Arrangement (carcass basis)
Head Count 62,674 38,679 40,470 20,248
Lowest Base Price 82.40 82.40 82.40 82.48
Highest Base Price 106.21 102.95 102.95 106.21
Weighted Average Price 90.47 90.43 90.52 90.11
Negotiated (live basis)
Head Count 1,488
Lowest Base Price 63.00
Highest Base Price 74.00
Weighted Average Price 70.77 71.96
Negotiated Formula (live basis)
Head Count 280
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,768
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# -25.00 -13.00 175# -9.30 -1.35 205# .00 4.00
155# -25.00 -10.00 185# -1.50 .00 215# .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 Hog217.43 lb carcass .62 inch back-fat
8.33 square inch loin 2.77 inch loin depth FFLI: 53.94
Price Range $93.00 - $97.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,427 Iowa 92,072
Illinois 19,737 Indiana 17,124
Kansas 906 Kentucky 1,429
Maryland 160 Michigan 7,611
Minnesota 49,744 Missouri 3,695
Montana 678 North Carolina 7,849
North Dakota 517 Nebraska 15,084
Ohio 12,407 Oklahoma 1,827
Pennsylvania 3,987 South Dakota 7,046
Wisconsin 549 Wyoming 160
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