USDA National Daily Direct Morning Hog Report 09/16 11:00
09/16/2026 | 11:00 am CDT USDA National Daily Direct Morning Hog Report 09/16 11:00
LSDLM_HG216
Des Moines, IA Wed, Sep 16, 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 5,563 5,228 3,701 4,342
Other Market Formula 11,906 11,566 16,449 22,504
Swine/Pork Market Formula 94,598 81,444 103,094 88,533
Other Purchase Arrangement 39,796 37,698 60,922 50,697
Negotiated Formula 1,396 1,126 1,309 165
Pack. Sold (all purchase types) 18,782 18,782 26,378 22,644
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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 4,491
Lowest Base Price 81.00
Highest Base Price 84.00
Weighted Average Price 82.92 82.98 82.98
Change from Previous Day -2.37 -.98 -.98
Negotiated Formula (carcass basis)
Head Count 655
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,146
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 8,875 2,853 3,729 5,146
Lowest Base Price 73.57 73.57 73.57 75.73
Highest Base Price 86.60 82.40 86.60 82.60
Weighted Average Price 79.78 77.98 79.85 79.72
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 92,879 55,480 61,963 26,198
Lowest Base Price 72.24 74.30 72.24 76.30
Highest Base Price 90.91 90.91 90.91 89.86
Weighted Average Price 83.34 82.92 82.99 83.29
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 37,486 20,184 21,804 14,209
Lowest Base Price 73.20 77.58 77.58 73.20
Highest Base Price 105.56 98.66 98.66 105.56
Weighted Average Price 84.56 84.57 84.28 84.96
Change from Previous Day
Negotiated (live basis)
Head Count 199
Lowest Base Price 54.00
Highest Base Price 60.00
Weighted Average Price 57.54
Change from Previous Day -5.01
Negotiated Formula (live basis)
Head Count 611
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 810
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# -32.00 -13.00 175# -8.35 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -26.00 .00 195# -.50 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.99
Price Range $80.37 - $88.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,796 Iowa 45,601
Illinois 17,359 Indiana 4,800
Kansas 1,345 Kentucky 1,544
Michigan 3,397 Minnesota 37,973
Missouri 2,581 North Carolina 8,009
North Dakota 532 Nebraska 6,507
Ohio 9,190 Oklahoma 1,027
Pennsylvania 5,134 South Dakota 2,132
Tennessee 3,097 Wisconsin 820
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