USDA National Daily Direct Afternoon Hog Report 01/12 14:55
01/12/2026 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 01/12 14:55
LSDLM_HG217
Des Moines, IA Mon, Jan 12, 2026
DAILY DIRECT AFTERNOON 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 1,548 1,548 3,469 2,960
Other Market Formula 32,321 32,321 108,329 70,753
Swine/Pork Market Formula 187,688 187,688 256,725 157,366
Other Purchase Arrangement 213,228 213,228 230,329 101,824
Negotiated Formula 495 495 1,052 480
Pack. Sold (all purchase types) 52,350 52,350 58,448 45,505
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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 319
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 319
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 36,379 22,815 31,385 4,994
Lowest Base Price 75.42 75.75
Highest Base Price 104.08 104.08
Weighted Average Price 82.51 87.71
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 218,221 132,279 155,557 57,863
Lowest Base Price 69.33 70.58 70.58 69.33
Highest Base Price 86.78 84.93 84.93 86.78
Weighted Average Price 79.89 79.50 79.32 81.26
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 217,705 182,656 185,116 31,460
Lowest Base Price 73.10 73.86 73.86 73.10
Highest Base Price 99.53 88.96 88.96 99.53
Weighted Average Price 79.18 78.46 78.56 82.67
Change from Previous Day
Negotiated (live basis)
Head Count 987
Lowest Base Price 47.25
Highest Base Price 54.50
Weighted Average Price 51.66
Change from Previous Day -.59
Negotiated Formula (live basis)
Head Count 495
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,482
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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 4,733 Iowa 265,345
Illinois 17,979 Indiana 22,231
Kansas 2,264 Kentucky 2,342
Michigan 11,922 Minnesota 75,477
Missouri 3,870 Montana 679
North Carolina 7,968 North Dakota 185
Nebraska 20,901 Ohio 31,129
Oklahoma 1,910 Pennsylvania 8,496
South Dakota 10,029 Wisconsin 170
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