USDA National Daily Direct Hog Prior Day Report 01/07 07:45
01/07/2026 | 7:45 am CST USDA National Daily Direct Hog Prior Day Report 01/07 07:45
LM_HG218
Des Moines, IA Wed, Jan 07, 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
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Producer Sold
Negotiated 2,455 4,547 3,832
Other Market Formula 22,745 19,112 19,650
Swine/Pork Market Formula 125,217 104,146 127,637
Other Purchase Arrangement 58,684 58,877 55,294
Negotiated Formula 195 327 365
Pack. Sold (all purchase types) 31,827 30,335 34,174
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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 1,453 20,278 119,718 54,809 195 196,453
Base Price 76.36 81.53 80.54 82.33 81.10
Packer Sold
Head Count 31,729
Base Price 80.97
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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 1,453
Lowest Base Price 68.00
Highest Base Price 78.00
Weighted Average Price 76.36
Negotiated Formula (carcass basis)
Head Count 195
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,648
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 24,023 13,822 19,167 4,556
Lowest Base Price 74.25 76.80
Highest Base Price 104.00 104.00
Weighted Average Price 82.21 83.05
Swine/Pork Market Formula (carcass basis)
Head Count 143,419 81,464 97,543 40,056
Lowest Base Price 69.04 70.70 70.70 69.04
Highest Base Price 88.21 85.85 85.85 88.21
Weighted Average Price 80.46 80.00 79.92 81.49
Other Purchase Arrangement (carcass basis)
Head Count 59,092 38,092 40,717 16,577
Lowest Base Price 73.10 74.16 74.16 73.10
Highest Base Price 105.21 92.62 92.62 105.21
Weighted Average Price 82.27 81.67 81.83 83.06
Negotiated (live basis)
Head Count 985
Lowest Base Price 49.00
Highest Base Price 61.05
Weighted Average Price 53.30
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 985
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 -19.50 175# -7.80 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 1.50 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog215.07 lb carcass .63 inch back-fat
8.36 square inch loin 2.78 inch loin depth FFLI: 53.85
Price Range $71.00 - $79.56
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Arkansas 300 California 25
Canada 6,830 Iowa 90,136
Illinois 17,558 Indiana 16,668
Kansas 1,715 Kentucky 1,131
Michigan 6,032 Minnesota 45,665
Missouri 4,063 North Carolina 7,487
North Dakota 439 Nebraska 14,741
New York 158 Ohio 14,612
Oklahoma 1,875 Pennsylvania 4,660
South Dakota 6,549 Wisconsin 479
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