USDA National Daily Direct Hog Prior Day Report 01/08 08:00
01/08/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 01/08 08:00
LM_HG218
Des Moines, IA Thu, Jan 08, 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 1,731 6,793
Other Market Formula 20,340 20,784
Swine/Pork Market Formula 124,643 125,719
Other Purchase Arrangement 61,112 60,157
Negotiated Formula 160
Pack. Sold (all purchase types) 30,966 32,515
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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 933 18,056 119,527 57,068 195,584
Base Price 72.61 80.82 80.21 81.72 80.67
Packer Sold
Head Count 30,906
Base Price 81.19
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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 933
Lowest Base Price 65.00
Highest Base Price 78.00
Weighted Average Price 72.61 74.18 74.18
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 933
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 22,131 14,074 19,054 3,077
Lowest Base Price 74.25 77.13
Highest Base Price 103.50 103.50
Weighted Average Price 81.54 84.27
Swine/Pork Market Formula (carcass basis)
Head Count 143,149 81,551 98,446 39,971
Lowest Base Price 70.10 70.10 70.10 70.56
Highest Base Price 85.77 85.76 85.76 85.77
Weighted Average Price 80.26 80.06 79.94 80.82
Other Purchase Arrangement (carcass basis)
Head Count 60,277 37,337 40,044 17,796
Lowest Base Price 72.74 75.11 75.11 72.74
Highest Base Price 105.21 88.84 88.84 105.21
Weighted Average Price 81.70 80.99 81.15 82.65
Negotiated (live basis)
Head Count 462
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 462
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# -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 Hog215.45 lb carcass .62 inch back-fat
8.39 square inch loin 2.79 inch loin depth FFLI: 54.00
Price Range $66.04 - $79.56
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,792 Iowa 84,790
Illinois 16,842 Indiana 16,031
Kansas 1,504 Kentucky 520
Michigan 6,498 Minnesota 49,878
Missouri 3,867 North Carolina 7,376
Nebraska 14,779 New York 170
Ohio 16,275 Oklahoma 1,863
Pennsylvania 3,598 South Dakota 8,044
Wisconsin 965
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