USDA National Daily Direct Hog Prior Day Report 01/14 07:55
01/14/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 01/14 07:55
LM_HG218
Des Moines, IA Wed, Jan 14, 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 1,391 2,455 8,302
Other Market Formula 22,919 22,745 26,990
Swine/Pork Market Formula 128,275 125,217 120,409
Other Purchase Arrangement 58,522 58,684 56,776
Negotiated Formula 160 195 160
Pack. Sold (all purchase types) 33,260 31,827 31,405
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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 240 19,076 122,753 55,418 197,487
Base Price 70.00 80.23 79.69 82.06 80.39
Packer Sold
Head Count 33,230
Base Price 80.23
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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 240
Lowest Base Price 70.00
Highest Base Price 70.00
Weighted Average Price 70.00 70.00 70.00
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 240
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 22,181 11,769 16,322 5,859
Lowest Base Price 74.13 75.81
Highest Base Price 86.37 85.93
Weighted Average Price 80.93 81.07
Swine/Pork Market Formula (carcass basis)
Head Count 148,614 83,919 100,507 42,778
Lowest Base Price 69.72 69.72 69.72 70.51
Highest Base Price 87.05 85.01 85.01 87.05
Weighted Average Price 79.70 79.40 79.28 80.52
Other Purchase Arrangement (carcass basis)
Head Count 60,011 39,478 40,998 17,219
Lowest Base Price 73.10 74.68 74.68 73.10
Highest Base Price 105.21 91.60 91.60 105.21
Weighted Average Price 81.91 81.28 81.38 82.95
Negotiated (live basis)
Head Count 526
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 686
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 -15.00 175# -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 Hog219.39 lb carcass .80 inch back-fat
8.42 square inch loin 2.80 inch loin depth FFLI: 51.40
Price Range $68.93 - $74.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 25 Canada 6,141
Iowa 89,127 Illinois 17,542
Indiana 14,941 Kansas 1,586
Kentucky 3,655 Michigan 8,757
Minnesota 47,311 Missouri 1,960
Montana 230 North Carolina 7,113
North Dakota 345 Nebraska 14,198
Ohio 15,771 Oklahoma 1,892
Pennsylvania 4,688 South Dakota 7,729
Tennessee 1,155 Wisconsin 690
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