USDA National Daily Direct Afternoon Hog Report 01/21 15:01
01/21/2026 | 3:01 pm CST USDA National Daily Direct Afternoon Hog Report 01/21 15:01
LSDLM_HG217
Des Moines, IA Wed, Jan 21, 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 5,140 5,140 3,955 7,484
Other Market Formula 22,897 22,897 23,403 23,389
Swine/Pork Market Formula 128,051 128,051 112,310 161,280
Other Purchase Arrangement 65,918 65,918 59,511 64,369
Negotiated Formula 415 415 1,380 470
Pack. Sold (all purchase types) 32,669 32,669 28,706 25,847
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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 3,515
Lowest Base Price 70.00
Highest Base Price 86.00
Weighted Average Price 85.13
Change from Previous Day 4.94
Negotiated Formula (carcass basis)
Head Count 200
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,715
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 22,783 9,050 13,566 9,217
Lowest Base Price 72.21 76.08
Highest Base Price 108.03 108.03
Weighted Average Price 82.70 81.97
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 148,637 81,923 97,839 44,792
Lowest Base Price 69.78 69.78 69.78 76.42
Highest Base Price 87.87 86.65 86.87 87.87
Weighted Average Price 82.14 82.03 81.93 82.54
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 67,160 40,596 43,326 21,536
Lowest Base Price 73.10 73.58 73.58 73.10
Highest Base Price 104.84 91.75 91.75 104.84
Weighted Average Price 83.27 82.75 82.84 83.91
Change from Previous Day
Negotiated (live basis)
Head Count 1,054
Lowest Base Price 51.50
Highest Base Price 63.95
Weighted Average Price 60.71
Change from Previous Day
Negotiated Formula (live basis)
Head Count 215
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,269
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# -25.00 -14.62 175# -8.55 -1.35 205# .00 4.00
155# -25.00 -11.82 185# .00 .00 215# .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 Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.35
Price Range $77.00 - $90.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 7,201 Iowa 90,708
Illinois 19,004 Indiana 21,077
Kansas 1,187 Kentucky 1,208
Michigan 8,240 Minnesota 46,305
Missouri 2,112 Montana 10
North Carolina 7,404 North Dakota 170
Nebraska 14,174 New York 160
Ohio 19,958 Oklahoma 1,889
Pennsylvania 5,210 South Dakota 8,303
Wisconsin 770
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[0600059D]