USDA National Daily Direct Afternoon Hog Report 02/17 14:40
02/17/2026 | 2:40 pm CST USDA National Daily Direct Afternoon Hog Report 02/17 14:40
LSDLM_HG217
Des Moines, IA Tue, Feb 17, 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 2,955 2,955 7,319 7,770
Other Market Formula 14,161 14,161 36,777 17,153
Swine/Pork Market Formula 127,269 127,269 131,509 127,117
Other Purchase Arrangement 66,394 66,394 62,411 62,626
Negotiated Formula 165 165 125
Pack. Sold (all purchase types) 28,711 28,711 32,464 33,371
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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 2,460
Lowest Base Price 80.00
Highest Base Price 90.50
Weighted Average Price 88.23 88.23 88.23
Change from Previous Day 2.99 2.80 2.80
Negotiated Formula (carcass basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,625
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 11,895 7,144 9,030 2,865
Lowest Base Price 77.32 77.32 80.95
Highest Base Price 103.75 103.75 92.53
Weighted Average Price 85.81 85.75 86.02
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 147,221 81,096 99,869 41,192
Lowest Base Price 78.23 80.62 80.62 78.23
Highest Base Price 91.03 89.93 89.93 91.03
Weighted Average Price 86.23 86.01 85.94 86.75
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 66,314 42,536 43,737 20,793
Lowest Base Price 80.05 80.34 80.34 80.05
Highest Base Price 98.42 95.07 95.07 98.42
Weighted Average Price 86.70 86.64 86.70 86.51
Change from Previous Day
Negotiated (live basis)
Head Count 461
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 461
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 -13.00 175# -9.05 -1.35 205# .00 4.00
155# -25.00 -10.00 185# -1.50 .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 Hog1 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.65
Price Range $87.00 - $92.31
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,334 Iowa 87,087
Illinois 17,233 Indiana 13,606
Kansas 3,013 Kentucky 714
Maryland 160 Michigan 6,985
Minnesota 46,952 Missouri 2,438
Montana 674 North Carolina 7,728
North Dakota 362 Nebraska 11,274
Ohio 18,985 Oklahoma 1,890
Pennsylvania 6,167 South Dakota 7,571
Wisconsin 331
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