USDA National Daily Direct Morning Hog Report 03/20 10:55
03/20/2026 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 03/20 10:55
LSDLM_HG216
Des Moines, IA Fri, Mar 20, 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 3,325 2,011 2,984 4,191
Other Market Formula 21,717 21,377 42,377 16,299
Swine/Pork Market Formula 99,631 84,743 82,755 91,641
Other Purchase Arrangement 42,328 37,986 41,594 48,429
Negotiated Formula 520 520 479 165
Pack. Sold (all purchase types) 23,343 23,343 19,298 24,631
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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 509
Lowest Base Price 88.00
Highest Base Price 92.00
Weighted Average Price 91.29
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 190
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 699
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 20,462 14,230 19,875 587
Lowest Base Price 79.11 92.05
Highest Base Price 93.80 93.55
Weighted Average Price 86.81 92.84
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 97,863 53,702 61,934 31,006
Lowest Base Price 80.72 83.05 80.72 83.18
Highest Base Price 97.73 97.73 97.73 96.30
Weighted Average Price 91.17 91.11 91.14 91.00
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 37,893 19,498 20,798 15,634
Lowest Base Price 82.48 84.04 84.04 82.48
Highest Base Price 105.68 102.93 102.93 105.68
Weighted Average Price 91.53 92.79 92.73 89.84
Change from Previous Day
Negotiated (live basis)
Head Count 949
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 470
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,419
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# -30.00 -25.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 1.50 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 54.08
Price Range $92.23 - $96.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,532 Colorado 160
Iowa 60,624 Illinois 16,849
Indiana 7,131 Kansas 300
Kentucky 1,289 Michigan 4,800
Minnesota 28,990 Missouri 3,640
Montana 225 North Carolina 7,436
North Dakota 170 Nebraska 11,206
Ohio 11,649 Oklahoma 1,903
Pennsylvania 4,341 South Dakota 3,073
Wisconsin 662
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