USDA National Daily Direct Hog Prior Day Report 01/29 07:55
01/29/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 01/29 07:55
LM_HG218
Des Moines, IA Thu, Jan 29, 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 4,408 2,321 5,795
Other Market Formula 21,607 25,828 49,996
Swine/Pork Market Formula 129,170 126,210 127,562
Other Purchase Arrangement 55,846 61,730 55,988
Negotiated Formula 1,150 1,100 990
Pack. Sold (all purchase types) 31,304 32,563 29,959
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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 3,470 17,985 124,459 52,285 1,150 199,349
Base Price 85.48 84.24 84.80 85.72 84.98
Packer Sold
Head Count 31,064
Base Price 84.90
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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 3,470
Lowest Base Price 77.00
Highest Base Price 87.00
Weighted Average Price 85.48 85.78 85.94
Negotiated Formula (carcass basis)
Head Count 1,150
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,620
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 21,250 11,091 15,564 5,686
Lowest Base Price 72.40 77.63
Highest Base Price 103.95 103.95
Weighted Average Price 84.83 87.61
Swine/Pork Market Formula (carcass basis)
Head Count 149,155 82,923 100,819 41,663
Lowest Base Price 78.43 78.43 78.43 79.43
Highest Base Price 90.57 90.07 90.07 90.57
Weighted Average Price 84.72 84.70 84.62 84.79
Other Purchase Arrangement (carcass basis)
Head Count 55,388 39,639 41,414 13,974
Lowest Base Price 76.56 76.56 76.56 78.02
Highest Base Price 99.57 94.91 94.91 99.57
Weighted Average Price 85.75 85.55 85.66 86.03
Negotiated (live basis)
Head Count 558
Lowest Base Price 53.75
Highest Base Price 64.23
Weighted Average Price 57.03 56.85
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 558
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# -4.00 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog214.99 lb carcass .81 inch back-fat
8.58 square inch loin 2.85 inch loin depth FFLI: 51.35
Price Range $84.00 - $91.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 7,470 Iowa 89,570
Illinois 19,770 Indiana 13,426
Kansas 1,200 Kentucky 2,578
Maryland 160 Michigan 6,059
Minnesota 47,029 Missouri 3,488
North Carolina 7,435 Nebraska 14,560
New York 172 Ohio 15,240
Oklahoma 1,872 Pennsylvania 3,877
South Dakota 8,599 Tennessee 660
Wisconsin 320
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