USDA National Daily Direct Hog Prior Day Report 01/05 07:55
01/05/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 01/05 07:55
LM_HG218
Des Moines, IA Mon, Jan 05, 2026
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
--------------------------
Producer Sold
Negotiated 1,718 2,092 3,228
Other Market Formula 37,084 36,552 39,645
Swine/Pork Market Formula 239,767 213,806 234,882
Other Purchase Arrangement 220,583 180,243 208,854
Negotiated Formula 1,676 424 895
Pack. Sold (all purchase types) 59,252 59,226 65,175
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 416 33,149 229,794 213,805 240 477,404
Base Price 66.36 80.98 79.53 80.30
Packer Sold
Head Count 59,179
Base Price 81.73
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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 416
Lowest Base Price 63.50
Highest Base Price 67.50
Weighted Average Price 66.36
Negotiated Formula (carcass basis)
Head Count 240
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 656
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 40,479 22,153 35,016 5,463
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 273,830 168,708 195,077 73,577
Lowest Base Price 70.81 70.81 70.81 71.44
Highest Base Price 88.96 87.00 87.00 88.96
Weighted Average Price 81.04 80.76 80.66 81.99
Other Purchase Arrangement (carcass basis)
Head Count 221,618 188,814 192,689 26,819
Lowest Base Price 73.07 73.07 73.07 73.10
Highest Base Price 104.68 94.25 94.25 104.68
Weighted Average Price 79.58 79.00 79.10 82.58
Negotiated (live basis)
Head Count 815
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 1,436
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,251
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -14.62 175# -1.35 1.00 205# .00 3.00
155# -30.00 -5.00 185# .00 1.50 215# -8.00 3.00
165# -15.00 .00 195# .00 3.00 225# -30.00 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog214.45 lb carcass .63 inch back-fat
8.30 square inch loin 2.76 inch loin depth FFLI: 53.82
Price Range $68.88 - $71.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,427 Iowa 291,489
Idaho 161 Illinois 31,146
Indiana 34,077 Kansas 3,217
Kentucky 3,024 Michigan 10,330
Minnesota 90,576 Missouri 6,740
Montana 233 North Carolina 15,225
North Dakota 512 Nebraska 29,144
Ohio 21,702 Oklahoma 1,835
Pennsylvania 3,795 South Dakota 9,632
Wisconsin 815
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