USDA National Daily Direct Morning Hog Report 03/12 10:45
03/12/2026 | 10:45 am CDT USDA National Daily Direct Morning Hog Report 03/12 10:45
LSDLM_HG216
Des Moines, IA Thu, Mar 12, 2026
DAILY DIRECT MORNING HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 2,871 1,621 1,094 422
Other Market Formula 23,447 22,107 26,927 22,529
Swine/Pork Market Formula 96,031 81,879 83,371 82,531
Other Purchase Arrangement 53,303 48,331 45,111 47,864
Negotiated Formula 315 315 1,215 165
Pack. Sold (all purchase types) 22,891 22,891 22,877 23,225
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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 830
Lowest Base Price 88.00
Highest Base Price 94.00
Weighted Average Price 92.16
Change from Previous Day -.89
Negotiated Formula (carcass basis)
Head Count 315
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,145
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 22,071 11,397 15,337 6,734
Lowest Base Price 79.25 86.21
Highest Base Price 97.33 97.33
Weighted Average Price 90.16 91.52
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 93,833 53,162 60,295 28,489
Lowest Base Price 83.45 83.60 83.45 83.45
Highest Base Price 98.64 97.45 97.45 98.64
Weighted Average Price 91.35 91.39 91.45 91.04
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 47,612 28,301 30,739 15,086
Lowest Base Price 80.54 80.54 80.54 80.80
Highest Base Price 99.41 99.41 99.41 99.35
Weighted Average Price 91.32 92.08 92.15 89.55
Change from Previous Day
Negotiated (live basis)
Head Count 791
Lowest Base Price 59.75
Highest Base Price 73.30
Weighted Average Price 67.02 68.94
Change from Previous Day -4.94
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 791
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY
DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
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CARCASS WEIGHT DIFFERENTIALS
145# -26.00 -13.00 175# -4.00 -3.25 205# .00 4.00
155# -26.00 -10.00 185# -1.50 .00 215# .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 Hog6 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.45
Price Range $92.00 - $95.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,981 Colorado 161
Iowa 56,521 Idaho 167
Illinois 14,981 Indiana 6,721
Kansas 860 Kentucky 1,420
Michigan 5,510 Minnesota 37,644
Missouri 4,394 North Carolina 7,315
Nebraska 8,728 Ohio 13,018
Oklahoma 1,874 Pennsylvania 4,757
South Dakota 2,482 Tennessee 3,465
Wisconsin 1,145
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