USDA National Daily Direct Morning Hog Report 03/23 10:50
03/23/2026 | 10:50 am CDT USDA National Daily Direct Morning Hog Report 03/23 10:50
LSDLM_HG216
Des Moines, IA Mon, Mar 23, 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 3,523 2,273 2,548 2,425
Other Market Formula 21,901 21,561 20,582 20,677
Swine/Pork Market Formula 143,074 129,282 90,726 108,547
Other Purchase Arrangement 98,934 94,956 56,106 129,132
Negotiated Formula 375 375 70 280
Pack. Sold (all purchase types) 33,471 33,471 25,276 42,280
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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 738
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 898
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 25,036 15,448 23,047 1,989
Lowest Base Price 78.72 81.03
Highest Base Price 93.78 93.78
Weighted Average Price 87.71 88.68
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 144,874 90,077 107,895 34,124
Lowest Base Price 82.36 82.36 82.36 82.55
Highest Base Price 96.94 96.94 96.94 94.95
Weighted Average Price 89.94 89.74 89.60 90.72
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 96,693 69,900 72,490 23,228
Lowest Base Price 80.23 83.22 83.22 80.23
Highest Base Price 103.04 103.04 103.04 99.70
Weighted Average Price 89.40 89.73 89.81 87.95
Change from Previous Day
Negotiated (live basis)
Head Count 1,458
Lowest Base Price 60.75
Highest Base Price 74.00
Weighted Average Price 69.44 71.02
Change from Previous Day
Negotiated Formula (live basis)
Head Count 445
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,903
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 3,855 Iowa 125,695
Illinois 14,286 Indiana 14,151
Kansas 1,210 Kentucky 2,028
Michigan 7,973 Minnesota 52,540
Missouri 4,211 Montana 678
North Carolina 7,007 North Dakota 134
Nebraska 19,937 Ohio 17,173
Pennsylvania 4,459 South Dakota 5,695
Wisconsin 886
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