USDA National Daily Direct Hog Prior Day Report 03/26 07:55
03/26/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 03/26 07:55
LM_HG218
Des Moines, IA Thu, Mar 26, 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 6,627 5,519 15,121
Other Market Formula 19,470 18,009 20,885
Swine/Pork Market Formula 128,518 129,652 124,572
Other Purchase Arrangement 59,927 319,739 65,933
Negotiated Formula 393 2,000 358
Pack. Sold (all purchase types) 34,841 31,890 30,377
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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 4,044 16,350 122,778 56,949 170 200,291
Base Price 91.45 87.41 89.66 89.06 89.34
Packer Sold
Head Count 34,046
Base Price 89.93
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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 4,044
Lowest Base Price 88.00
Highest Base Price 93.00
Weighted Average Price 91.45 91.43
Negotiated Formula (carcass basis)
Head Count 170
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,214
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 20,420 9,027 13,817 6,603
Lowest Base Price 79.92 80.95
Highest Base Price 100.17 92.95
Weighted Average Price 88.26 88.96
Swine/Pork Market Formula (carcass basis)
Head Count 148,832 83,964 101,456 42,948
Lowest Base Price 80.59 80.59 80.59 80.59
Highest Base Price 96.53 96.53 96.53 95.12
Weighted Average Price 89.63 89.59 89.51 89.66
Other Purchase Arrangement (carcass basis)
Head Count 60,871 41,308 42,894 16,036
Lowest Base Price 80.23 82.14 82.14 80.23
Highest Base Price 106.21 102.71 102.71 106.21
Weighted Average Price 89.19 89.35 89.44 88.19
Negotiated (live basis)
Head Count 2,022
Lowest Base Price 59.50
Highest Base Price 75.00
Weighted Average Price 68.04 68.99
Negotiated Formula (live basis)
Head Count 313
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,335
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 -13.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 4.00
165# -26.00 -5.00 195# .00 3.00 225# .00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog216.23 lb carcass .65 inch back-fat
8.30 square inch loin 2.76 inch loin depth FFLI: 53.51
Price Range $92.00 - $97.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,403 Colorado 160
Iowa 91,795 Idaho 59
Illinois 18,589 Indiana 16,488
Kansas 895 Kentucky 2,079
Michigan 6,748 Minnesota 47,803
Missouri 4,300 North Carolina 7,447
Nebraska 14,266 Ohio 15,213
Oklahoma 1,909 Pennsylvania 4,626
South Dakota 8,393 Tennessee 2,970
Wisconsin 633
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