USDA National Daily Direct Afternoon Hog Report 01/28 15:00
01/28/2026 | 3:00 pm CST USDA National Daily Direct Afternoon Hog Report 01/28 15:00
LSDLM_HG217
Des Moines, IA Wed, Jan 28, 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 7,765 7,765 5,140 6,051
Other Market Formula 17,997 17,997 22,897 43,847
Swine/Pork Market Formula 128,100 128,100 128,051 134,974
Other Purchase Arrangement 60,857 60,857 65,918 61,253
Negotiated Formula 1,318 1,318 415 1,815
Pack. Sold (all purchase types) 30,127 30,127 32,669 31,250
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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 7,300
Lowest Base Price 77.00
Highest Base Price 87.00
Weighted Average Price 86.28 86.54 86.57
Change from Previous Day 1.46 1.48 1.51
Negotiated Formula (carcass basis)
Head Count 1,150
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 8,450
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 17,846 9,746 14,105 3,741
Lowest Base Price 70.88 77.63
Highest Base Price 103.95 103.95
Weighted Average Price 84.94 88.42
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 147,856 80,417 99,176 41,121
Lowest Base Price 78.01 78.01 78.01 79.01
Highest Base Price 90.94 89.04 89.04 90.94
Weighted Average Price 84.65 84.56 84.47 85.04
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 60,915 38,022 39,805 19,003
Lowest Base Price 70.62 75.04 75.04 70.62
Highest Base Price 99.48 94.65 94.65 99.48
Weighted Average Price 86.07 85.91 86.03 86.00
Change from Previous Day
Negotiated (live basis)
Head Count 350
Lowest Base Price 62.00
Highest Base Price 67.45
Weighted Average Price 64.82 64.82
Change from Previous Day
Negotiated Formula (live basis)
Head Count 168
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 -13.00 175# -4.00 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 Hog0 lb carcassnch back-fatre inch loinh loin
depthFFLI: 51.35
Price Range $84.00 - $91.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 9,716 Iowa 83,669
Idaho 167 Illinois 16,705
Indiana 13,537 Kansas 1,461
Kentucky 997 Michigan 6,885
Minnesota 50,934 Missouri 2,376
North Carolina 7,586 North Dakota 170
Nebraska 14,965 Ohio 18,339
Oklahoma 2,499 Pennsylvania 6,235
South Dakota 9,095 Wisconsin 828
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[0600059D]