USDA National Daily Direct Morning Hog Report 03/24 10:55
03/24/2026 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 03/24 10:55
LSDLM_HG216
Des Moines, IA Tue, Mar 24, 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 2,848 1,598 4,432 2,753
Other Market Formula 14,393 14,053 14,729 11,481
Swine/Pork Market Formula 108,869 93,396 91,999 79,647
Other Purchase Arrangement 52,386 48,596 48,684 52,682
Negotiated Formula 625 625 240
Pack. Sold (all purchase types) 27,336 27,336 29,353 23,464
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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 245
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 625
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 870
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 11,403 7,335 8,560 2,843
Lowest Base Price 81.10 89.30
Highest Base Price 94.68 94.68
Weighted Average Price 87.32 91.42
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 112,316 66,298 78,388 29,519
Lowest Base Price 80.87 83.33 83.33 80.87
Highest Base Price 96.91 96.91 96.91 96.40
Weighted Average Price 90.68 90.22 90.21 91.63
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 48,534 30,538 30,708 16,366
Lowest Base Price 82.40 82.40 82.40 82.48
Highest Base Price 106.21 102.95 102.95 106.21
Weighted Average Price 90.78 91.00 90.98 90.46
Change from Previous Day
Negotiated (live basis)
Head Count 1,197
Lowest Base Price
Highest Base Price
Weighted Average Price
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 1,337
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 5,139 Iowa 68,726
Illinois 17,882 Indiana 5,740
Kansas 906 Kentucky 1,007
Maryland 160 Michigan 5,400
Minnesota 37,142 Missouri 3,009
North Carolina 7,849 North Dakota 342
Nebraska 10,084 Ohio 11,443
Oklahoma 1,827 Pennsylvania 4,002
South Dakota 2,824 Tennessee 1,485
Wisconsin 477 Wyoming 160
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