USDA National Daily Direct Afternoon Hog Report 01/27 15:00
01/27/2026 | 3:00 pm CST USDA National Daily Direct Afternoon Hog Report 01/27 15:00
LSDLM_HG217
Des Moines, IA Tue, Jan 27, 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 4,827 4,827 2,647 4,534
Other Market Formula 98,659 98,659 27,057 59,893
Swine/Pork Market Formula 108,139 108,139 124,881 123,812
Other Purchase Arrangement 58,301 58,301 62,238 61,686
Negotiated Formula 789 789 205 185
Pack. Sold (all purchase types) 26,379 26,379 22,597 31,830
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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 4,570
Lowest Base Price 79.00
Highest Base Price 87.00
Weighted Average Price 84.82 85.06 85.06
Change from Previous Day 1.57
Negotiated Formula (carcass basis)
Head Count 253
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,823
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 98,405 9,428 14,113 84,292
Lowest Base Price 71.24
Highest Base Price 109.20
Weighted Average Price 85.19
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 123,582 73,066 84,418 32,204
Lowest Base Price 77.57 78.51 78.51 77.57
Highest Base Price 89.48 89.48 89.48 89.48
Weighted Average Price 85.06 84.88 84.89 85.56
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 58,199 41,926 44,258 12,314
Lowest Base Price 71.48 78.62 78.62 71.48
Highest Base Price 94.62 94.62 94.62 89.06
Weighted Average Price 85.48 85.55 85.64 84.70
Change from Previous Day
Negotiated (live basis)
Head Count 195
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 426
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 621
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 -13.00 175# -8.70 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 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 Hog8 lb carcassnch back-fatre inch loinh loin
depthFFLI: 51.94
Price Range $84.00 - $90.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 8,738 Iowa 83,973
Illinois 98,295 Indiana 7,371
Kansas 1,312 Kentucky 350
Michigan 6,763 Minnesota 44,919
Missouri 2,907 Montana 7
North Carolina 7,792 Nebraska 10,519
Ohio 13,690 Oklahoma 1,903
Pennsylvania 2,200 South Dakota 6,223
Wisconsin 132
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[0600059D]