USDA National Daily Direct Afternoon Hog Report 02/12 14:55
02/12/2026 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 02/12 14:55
LSDLM_HG217
Des Moines, IA Thu, Feb 12, 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 4,615 4,615 3,037 3,745
Other Market Formula 25,503 25,503 28,809 34,592
Swine/Pork Market Formula 93,730 93,730 126,696 129,006
Other Purchase Arrangement 56,983 56,983 64,840 63,670
Negotiated Formula 185 185 484 424
Pack. Sold (all purchase types) 25,396 25,396 30,376 28,360
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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 2,833
Lowest Base Price 80.00
Highest Base Price 88.50
Weighted Average Price 86.95 87.32 86.98
Change from Previous Day -1.22 -1.09 -1.24
Negotiated Formula (carcass basis)
Head Count 30
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,863
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 26,248 11,314 17,071 9,177
Lowest Base Price 77.32
Highest Base Price 109.58
Weighted Average Price 84.55
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 107,709 57,205 64,635 37,731
Lowest Base Price 78.43 78.43 78.43 78.92
Highest Base Price 93.92 92.72 92.72 93.92
Weighted Average Price 86.42 86.34 86.48 86.20
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 56,119 30,341 33,016 20,675
Lowest Base Price 80.05 80.05 80.05 80.05
Highest Base Price 98.54 97.32 97.32 98.54
Weighted Average Price 86.86 87.40 87.65 85.51
Change from Previous Day
Negotiated (live basis)
Head Count 1,033
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 155
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,188
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 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog9 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.75
Price Range $85.00 - $92.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 7,394 Iowa 58,939
Idaho 335 Illinois 18,696
Indiana 7,630 Kansas 975
Kentucky 3,048 Michigan 8,601
Minnesota 42,770 Missouri 2,679
North Carolina 7,608 North Dakota 181
Nebraska 12,081 New York 160
Ohio 20,619 Oklahoma 1,863
Pennsylvania 6,457 South Dakota 3,246
Tennessee 2,640 Wisconsin 490
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