USDA National Daily Direct Afternoon Hog Report 02/11 14:55
02/11/2026 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 02/11 14:55
LSDLM_HG217
Des Moines, IA Wed, Feb 11, 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 4,330 4,330 4,810 7,067
Other Market Formula 26,322 26,322 15,991 45,072
Swine/Pork Market Formula 146,685 146,685 130,658 137,639
Other Purchase Arrangement 70,227 70,227 243,913 57,499
Negotiated Formula 1,210 1,210 1,050 165
Pack. Sold (all purchase types) 34,475 34,475 35,545 29,920
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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 2,600
Lowest Base Price 80.00
Highest Base Price 88.75
Weighted Average Price 88.17 88.41 88.22
Change from Previous Day .43 1.11 .48
Negotiated Formula (carcass basis)
Head Count 1,210
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,810
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 26,830 12,454 17,874 8,956
Lowest Base Price 75.42
Highest Base Price 102.55
Weighted Average Price 84.65
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 168,829 94,450 114,529 49,139
Lowest Base Price 77.74 79.96 79.96 77.74
Highest Base Price 92.24 91.25 92.24 90.74
Weighted Average Price 85.34 85.22 85.06 85.78
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 71,290 44,983 46,913 21,956
Lowest Base Price 75.20 75.94 75.94 75.20
Highest Base Price 98.19 97.46 97.46 98.19
Weighted Average Price 85.89 85.73 85.81 85.72
Change from Previous Day
Negotiated (live basis)
Head Count 1,478
Lowest Base Price 59.25
Highest Base Price 69.65
Weighted Average Price 66.26
Change from Previous Day 2.53
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,478
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# -8.88 1.00 205# .00 4.00
155# -30.00 -9.00 185# -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 Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.14
Price Range $86.50 - $92.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,592 Iowa 103,881
Illinois 19,692 Indiana 20,264
Kansas 1,409 Kentucky 2,577
Michigan 9,570 Minnesota 52,414
Missouri 2,675 North Carolina 7,832
North Dakota 170 Nebraska 18,086
Ohio 18,189 Oklahoma 1,847
Pennsylvania 6,571 South Dakota 8,186
Tennessee 2,640 Wisconsin 654
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