USDA National Daily Direct Hog Prior Day Report 01/12 08:50
01/12/2026 | 8:50 am CST USDA National Daily Direct Hog Prior Day Report 01/12 08:50
LM_HG218
Des Moines, IA Mon, Jan 12, 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 1,660 1,718 4,448
Other Market Formula 30,959 37,084 35,080
Swine/Pork Market Formula 190,013 239,767 155,925
Other Purchase Arrangement 201,577 220,583 92,324
Negotiated Formula 665 1,676 625
Pack. Sold (all purchase types) 54,041 59,252 35,812
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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 1,021 28,408 183,451 197,367 335 410,582
Base Price 68.01 82.18 79.85 78.84 79.50
Packer Sold
Head Count 53,826
Base Price 79.89
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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 1,021
Lowest Base Price 65.00
Highest Base Price 70.00
Weighted Average Price 68.01
Negotiated Formula (carcass basis)
Head Count 335
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,356
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 34,478 22,954 31,411 3,067
Lowest Base Price 75.42 75.75
Highest Base Price 105.60 105.60
Weighted Average Price 82.80 91.30
Swine/Pork Market Formula (carcass basis)
Head Count 222,731 140,284 164,459 52,506
Lowest Base Price 69.33 69.51 69.51 69.33
Highest Base Price 86.78 84.93 84.93 86.78
Weighted Average Price 79.72 79.36 79.22 81.03
Other Purchase Arrangement (carcass basis)
Head Count 205,843 179,086 182,186 21,868
Lowest Base Price 73.10 73.86 73.86 73.10
Highest Base Price 99.53 93.25 93.25 99.53
Weighted Average Price 78.86 78.41 78.52 81.33
Negotiated (live basis)
Head Count 558
Lowest Base Price 47.25
Highest Base Price 55.50
Weighted Average Price 52.03
Negotiated Formula (live basis)
Head Count 330
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 888
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# -4.00 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 Hog216.03 lb carcass .66 inch back-fat
8.39 square inch loin 2.79 inch loin depth FFLI: 53.42
Price Range $68.00 - $74.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,703 Iowa 264,885
Illinois 17,618 Indiana 22,404
Kansas 2,457 Kentucky 2,002
Michigan 7,993 Minnesota 79,256
Missouri 4,363 Montana 222
North Carolina 7,664 North Dakota 508
Nebraska 20,811 Ohio 23,790
Oklahoma 1,896 Pennsylvania 4,348
South Dakota 11,570 Texas 99
Wisconsin 326
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