USDA National Daily Direct Afternoon Hog Report 01/15 14:55
01/15/2026 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 01/15 14:55
LSDLM_HG217
Des Moines, IA Thu, Jan 15, 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 1,275 1,275 1,996 2,092
Other Market Formula 53,219 53,219 18,822 32,662
Swine/Pork Market Formula 138,352 138,352 124,257 125,893
Other Purchase Arrangement 62,867 62,867 70,361 57,081
Negotiated Formula 679 679 155 165
Pack. Sold (all purchase types) 42,386 42,386 32,110 29,735
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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 305
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 470
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 52,603 10,976 16,622 35,981
Lowest Base Price 77.56 78.66
Highest Base Price 105.85 105.85
Weighted Average Price 88.36 90.59
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 168,813 94,200 113,415 51,427
Lowest Base Price 68.56 68.56 68.56 73.34
Highest Base Price 85.83 84.70 84.70 85.83
Weighted Average Price 79.77 79.62 79.55 80.22
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 64,383 41,673 44,296 20,087
Lowest Base Price 73.10 74.95 74.95 73.10
Highest Base Price 105.21 90.84 90.94 105.21
Weighted Average Price 82.09 81.36 81.52 83.34
Change from Previous Day
Negotiated (live basis)
Head Count 883
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 514
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,397
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 2,618 Iowa 94,061
Idaho 334 Illinois 21,322
Indiana 21,673 Kansas 1,909
Kentucky 4,867 Michigan 10,503
Minnesota 53,614 Missouri 3,536
North Carolina 7,959 North Dakota 175
Nebraska 17,939 New York 320
Ohio 21,788 Oklahoma 1,889
Pennsylvania 5,015 South Dakota 6,845
Tennessee 21,815 Texas 111
Wisconsin 485
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