USDA National Daily Direct Morning Hog Report 03/27 10:55
03/27/2026 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 03/27 10:55
LSDLM_HG216
Des Moines, IA Fri, Mar 27, 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 4,871 3,621 2,011 2,202
Other Market Formula 16,044 15,704 21,377 19,958
Swine/Pork Market Formula 104,480 89,271 84,743 87,090
Other Purchase Arrangement 43,823 40,848 37,986 49,359
Negotiated Formula 50 50 520
Pack. Sold (all purchase types) 22,396 22,396 23,343 23,416
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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 1,753
Lowest Base Price 89.00
Highest Base Price 92.00
Weighted Average Price 90.60 91.25 91.25
Change from Previous Day -.32
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,753
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 15,149 11,884 14,654 495
Lowest Base Price 80.32
Highest Base Price 93.42
Weighted Average Price 87.26
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 101,211 56,621 64,623 31,731
Lowest Base Price 79.85 79.85 79.85 81.01
Highest Base Price 96.23 96.23 96.23 94.46
Weighted Average Price 89.65 89.62 89.57 89.44
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 40,238 20,693 22,123 16,662
Lowest Base Price 75.00 82.35 82.35 75.00
Highest Base Price 102.65 102.65 102.65 101.16
Weighted Average Price 89.01 89.75 89.76 87.82
Change from Previous Day
Negotiated (live basis)
Head Count 1,646
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 1,786
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 -13.00 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -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 Hog1 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.27
Price Range $91.59 - $96.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,510 Colorado 103
Iowa 65,176 Illinois 17,798
Indiana 9,064 Kansas 850
Kentucky 1,123 Michigan 5,220
Minnesota 26,854 Missouri 2,835
Montana 219 North Carolina 7,375
North Dakota 170 Nebraska 8,262
Ohio 11,606 Oklahoma 1,951
Pennsylvania 4,506 South Dakota 2,775
Wisconsin 493
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