USDA National Daily Direct Hog Prior Day Report 01/15 08:00
01/15/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 01/15 08:00
LM_HG218
Des Moines, IA Thu, Jan 15, 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 3,742 1,731 7,777
Other Market Formula 50,340 20,340 35,925
Swine/Pork Market Formula 124,878 124,643 126,996
Other Purchase Arrangement 68,095 61,112 258,512
Negotiated Formula 1,895 160
Pack. Sold (all purchase types) 34,168 30,966 30,833
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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 1,868 46,600 119,842 65,004 1,050 234,364
Base Price 80.68 87.60 80.22 82.05 82.18
Packer Sold
Head Count 34,034
Base Price 80.22
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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 1,868
Lowest Base Price 69.00
Highest Base Price 82.00
Weighted Average Price 80.68 80.73 80.73
Negotiated Formula (carcass basis)
Head Count 1,050
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,918
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 49,550 12,124 16,750 32,800
Lowest Base Price 77.56
Highest Base Price 98.95
Weighted Average Price 87.47
Swine/Pork Market Formula (carcass basis)
Head Count 147,928 83,967 100,425 43,232
Lowest Base Price 68.56 68.56 68.56 72.50
Highest Base Price 86.30 84.70 84.70 86.30
Weighted Average Price 80.14 79.97 79.91 80.55
Other Purchase Arrangement (carcass basis)
Head Count 68,655 42,385 45,893 20,483
Lowest Base Price 68.28 68.28 68.28 73.10
Highest Base Price 105.21 89.20 89.20 105.21
Weighted Average Price 81.95 80.97 81.17 83.56
Negotiated (live basis)
Head Count 1,465
Lowest Base Price 42.75
Highest Base Price 64.00
Weighted Average Price 54.44 54.82 54.82 53.45
Negotiated Formula (live basis)
Head Count 845
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,310
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 -13.00 175# -8.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -5.00 195# .00 3.00 225# .00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog218.31 lb carcass .78 inch back-fat
8.36 square inch loin 2.78 inch loin depth FFLI: 51.65
Price Range $72.00 - $86.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,092 Iowa 91,254
Illinois 26,357 Indiana 14,605
Kansas 2,230 Kentucky 5,232
Michigan 7,611 Minnesota 50,831
Missouri 4,334 North Carolina 7,959
North Dakota 175 Nebraska 13,556
New York 315 Ohio 16,995
Oklahoma 1,893 Pennsylvania 4,548
South Dakota 7,494 Tennessee 21,815
Wisconsin 475
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