USDA National Daily Direct Morning Hog Report 03/18 10:55
03/18/2026 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 03/18 10:55
LSDLM_HG216
Des Moines, IA Wed, Mar 18, 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 7,105 6,605 8,528 2,340
Other Market Formula 15,764 15,072 20,685 12,639
Swine/Pork Market Formula 111,427 97,104 83,599 81,719
Other Purchase Arrangement 53,247 48,619 45,624 45,211
Negotiated Formula 305 305 155 160
Pack. Sold (all purchase types) 30,174 30,174 22,760 23,842
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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 5,185
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 255
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,440
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 14,491 9,833 12,878 1,613
Lowest Base Price 79.92 87.22
Highest Base Price 95.47 94.75
Weighted Average Price 89.80 90.98
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 115,989 65,281 78,306 33,096
Lowest Base Price 82.26 84.37 84.37 82.26
Highest Base Price 96.85 96.85 96.85 95.68
Weighted Average Price 90.87 90.53 90.43 91.71
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 49,189 32,855 33,815 14,086
Lowest Base Price 82.48 82.72 82.72 82.48
Highest Base Price 99.70 99.67 99.67 99.70
Weighted Average Price 91.62 91.98 92.06 90.39
Change from Previous Day
Negotiated (live basis)
Head Count 1,395
Lowest Base Price 63.25
Highest Base Price 71.50
Weighted Average Price 68.72 69.54
Change from Previous Day
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 1,535
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,615 Iowa 75,795
Idaho 168 Illinois 16,837
Indiana 7,335 Kansas 505
Kentucky 1,037 Michigan 6,135
Minnesota 37,962 Missouri 3,146
North Carolina 7,071 North Dakota 170
Nebraska 12,460 New York 160
Ohio 11,466 Oklahoma 1,877
Pennsylvania 4,617 South Dakota 5,096
Wisconsin 1,427
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