USDA National Daily Direct Hog Prior Day Report 01/20 08:00
01/20/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 01/20 08:00
LM_HG218
Des Moines, IA Tue, Jan 20, 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 1,094 1,805 3,421
Other Market Formula 22,717 23,459 19,724
Swine/Pork Market Formula 126,006 122,031 124,713
Other Purchase Arrangement 65,986 64,000 62,142
Negotiated Formula 165 493 161
Pack. Sold (all purchase types) 25,116 35,025 30,321
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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 530 19,756 121,349 61,566 165 203,366
Base Price 85.74 81.38 82.88 82.26
Packer Sold
Head Count 25,116
Base Price 81.22
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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 530
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (carcass basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 695
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 23,031 11,586 15,946 7,085
Lowest Base Price 72.43 77.63
Highest Base Price 106.78 106.78
Weighted Average Price 85.92 93.63
Swine/Pork Market Formula (carcass basis)
Head Count 139,179 85,514 101,447 32,264
Lowest Base Price 75.00 75.00 75.00 76.00
Highest Base Price 86.66 86.66 86.66 86.14
Weighted Average Price 81.20 81.22 81.12 81.35
Other Purchase Arrangement (carcass basis)
Head Count 66,066 43,270 45,065 19,205
Lowest Base Price 69.92 69.92 69.92 73.10
Highest Base Price 99.44 92.00 92.00 99.44
Weighted Average Price 82.86 82.51 82.66 83.21
Negotiated (live basis)
Head Count 541
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 541
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,472 Iowa 90,229
Illinois 17,378 Indiana 14,414
Kansas 1,035 Kentucky 1,387
Maryland 330 Michigan 6,835
Minnesota 51,442 Missouri 3,097
Montana 663 North Carolina 648
North Dakota 195 Nebraska 12,987
Ohio 20,805 Oklahoma 1,916
Pennsylvania 4,674 South Dakota 8,066
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