USDA National Daily Direct Morning Hog Report 03/16 10:55
03/16/2026 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 03/16 10:55
LSDLM_HG216
Des Moines, IA Mon, Mar 16, 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 3,798 2,548 3,020 1,136
Other Market Formula 20,582 20,582 25,845 21,104
Swine/Pork Market Formula 105,483 90,726 124,653 92,200
Other Purchase Arrangement 59,934 56,106 107,211 93,309
Negotiated Formula 70 70 465
Pack. Sold (all purchase types) 25,276 25,276 29,857 29,252
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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 820
Lowest Base Price 85.50
Highest Base Price 89.00
Weighted Average Price 86.04 85.88
Change from Previous Day -6.05
Negotiated Formula (carcass basis)
Head Count 20
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 840
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 21,424 17,379 21,424
Lowest Base Price 79.25
Highest Base Price 106.50
Weighted Average Price 89.99
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 101,913 58,963 69,861 27,106
Lowest Base Price 83.95 83.95 83.95 84.70
Highest Base Price 97.03 97.03 97.03 95.32
Weighted Average Price 91.44 91.16 91.28 91.72
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 57,190 35,749 36,871 19,345
Lowest Base Price 79.86 84.07 84.07 79.86
Highest Base Price 104.77 99.41 99.41 104.77
Weighted Average Price 91.01 91.90 91.98 89.00
Change from Previous Day
Negotiated (live basis)
Head Count 1,478
Lowest Base Price 59.50
Highest Base Price 72.35
Weighted Average Price 70.68 71.79
Change from Previous Day 3.76
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,618
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# -25.00 -14.62 175# -1.35 .00 205# .00 .00
155# -11.82 -5.00 185# .00 .00 215# -8.00 .00
165# -5.00 .00 195# .00 .00 225# -30.00 .00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.46
Price Range $85.50 - $95.50
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,493 Iowa 75,147
Illinois 16,127 Indiana 10,229
Kansas 1,190 Kentucky 1,594
Michigan 4,640 Minnesota 38,225
Missouri 3,829 Montana 679
North Carolina 7,240 North Dakota 170
Nebraska 10,130 Ohio 11,911
Oklahoma 1,412 Pennsylvania 4,300
South Dakota 3,762 Wisconsin 230
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