USDA National Daily Direct Morning Hog Report 01/02 11:00
01/02/2026 | 11:00 am CST USDA National Daily Direct Morning Hog Report 01/02 11:00
LSDLM_HG216
Des Moines, IA Fri, Jan 02, 2026
DAILY DIRECT MORNING HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 2,515 1,265 1,806
Other Market Formula 19,890 19,358 14,421 26,491
Swine/Pork Market Formula 96,382 83,481 64,950 96,060
Other Purchase Arrangement 48,501 45,963 52,662 52,263
Negotiated Formula 910 910
Pack. Sold (all purchase types) 28,344 27,324 19,186 28,262
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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 171
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 310
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 481
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 20,243 9,690 16,470 3,773
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 99,155 61,311 72,630 23,728
Lowest Base Price 70.08 70.08 70.08 71.44
Highest Base Price 87.04 87.04 87.04 86.71
Weighted Average Price 80.61 80.42 80.30 81.55
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 47,150 34,790 36,650 9,528
Lowest Base Price 75.71 75.71 75.71 77.91
Highest Base Price 99.71 93.25 93.25 99.71
Weighted Average Price 82.98 82.43 82.51 84.62
Change from Previous Day
Negotiated (live basis)
Head Count 939
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 600
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,539
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY
DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
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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
Canada 2,501 Iowa 72,610
Idaho 162 Illinois 17,338
Indiana 9,643 Kansas 2,022
Kentucky 870 Michigan 2,560
Minnesota 34,509 Missouri 3,075
Montana 228 North Carolina 6,070
North Dakota 338 Nebraska 13,893
Ohio 5,365 Oklahoma 1,870
Pennsylvania 855 South Dakota 3,561
Wisconsin 660 West Virginia 171
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