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USDA National Daily Direct Afternoon Hog Report 01/16 14:55

USDA National Daily Direct Afternoon Hog Report 01/16 14:55

LSDLM_HG217
Des Moines, IA                             Fri, Jan 16, 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                                  1,366     1,366     2,468     1,965
 Other Market Formula                      142,816   142,816    26,705    29,841
 Swine/Pork Market Formula                 137,937   137,937   142,464   138,484
 Other Purchase Arrangement                320,665   320,665    60,360    53,602
 Negotiated Formula                            674       674       335       160
Pack. Sold (all purchase types)             27,282    27,282    35,128    23,280
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                          Volume and Price Range For Barrows and Gilts
                              Purchased Swine (Including Packer Sold)
                                    National       Iowa/     Western     Eastern
                                                 Minnesota  Cornbelt    Cornbelt
                                   ---------------------------------------------
Negotiated (carcass basis)
   Head Count                            376                                    
   Lowest Base Price                   68.00                                    
   Highest Base Price                  80.00                                    
   Weighted Average Price              74.78       75.50       75.50            
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            510                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            886                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                        142,673      18,427      25,615     117,058
   Lowest Base Price                   72.65                               77.88
   Highest Base Price                 106.88                              106.88
   Weighted Average Price              99.47                              103.33
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        156,159      81,748      96,818      53,412
   Lowest Base Price                   73.06       75.00       75.00       73.06
   Highest Base Price                  87.99       86.11       86.11       87.99
   Weighted Average Price              81.20       81.37       81.26       81.04
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                        318,369     288,244     290,509      25,419
   Lowest Base Price                   73.10                               73.10
   Highest Base Price                  99.82                               99.82
   Weighted Average Price              81.30                               82.88
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            354                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            164                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            518                                    
   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#  -30.00 -14.62         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00 -11.82         185#     .00   1.50         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog4 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 51.69       
 
Price Range $75.00  - $84.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                8,017          Iowa                342,131
Illinois             60,841          Indiana              23,630
Kansas                1,006          Kentucky                879
Michigan              9,330          Minnesota            48,102
Missouri              3,380          Montana                 246
North Carolina        7,934          North Dakota            170
Nebraska             16,293          New York                160
Ohio                 34,783          Oklahoma              1,886
Pennsylvania          6,524          South Dakota          6,606
Tennessee            58,000          Wisconsin               536

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