USDA National Daily Direct Hog Prior Day Report 02/17 08:00
02/17/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 02/17 08:00
LM_HG218
Des Moines, IA Tue, Feb 17, 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 1,459 1,796 3,118
Other Market Formula 16,584 20,746 23,196
Swine/Pork Market Formula 121,660 128,947 122,470
Other Purchase Arrangement 56,452 60,961 53,481
Negotiated Formula 165 100
Pack. Sold (all purchase types) 32,542 31,721 39,640
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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 803 13,603 115,848 53,688 165 184,107
Base Price 85.24 83.94 85.98 86.92 86.10
Packer Sold
Head Count 32,542
Base Price 86.27
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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 803
Lowest Base Price 82.00
Highest Base Price 86.00
Weighted Average Price 85.24 85.43 85.43
Negotiated Formula (carcass basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 968
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 18,078 10,597 15,452 2,626
Lowest Base Price 77.32 80.95
Highest Base Price 93.02 88.20
Weighted Average Price 84.69 83.15
Swine/Pork Market Formula (carcass basis)
Head Count 140,251 78,235 95,547 39,037
Lowest Base Price 78.23 78.23 78.23 78.23
Highest Base Price 90.84 89.93 89.93 90.84
Weighted Average Price 85.99 85.84 85.76 86.31
Other Purchase Arrangement (carcass basis)
Head Count 57,352 38,124 40,061 15,670
Lowest Base Price 80.03 80.03 80.03 80.06
Highest Base Price 98.42 95.07 95.07 98.42
Weighted Average Price 86.94 86.80 86.87 86.94
Negotiated (live basis)
Head Count 656
Lowest Base Price 59.00
Highest Base Price 67.50
Weighted Average Price 63.17
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 656
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 Hog216.31 lb carcass .64 inch back-fat
8.30 square inch loin 2.76 inch loin depth FFLI: 53.65
Price Range $88.00 - $90.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,678 Iowa 83,421
Illinois 16,406 Indiana 16,300
Kansas 2,558 Kentucky 1,248
Maryland 160 Michigan 6,645
Minnesota 44,754 Missouri 2,799
North Carolina 7,728 North Dakota 362
Nebraska 14,902 Ohio 12,081
Oklahoma 1,873 Pennsylvania 4,438
South Dakota 6,844 Wisconsin 665
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