USDA National Daily Direct Morning Hog Report 01/08 10:45
01/08/2026 | 10:45 am CST USDA National Daily Direct Morning Hog Report 01/08 10:45
LSDLM_HG216
Des Moines, IA Thu, Jan 08, 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 2,579 1,229 2,210
Other Market Formula 15,827 15,487 19,291
Swine/Pork Market Formula 114,239 97,983 88,554
Other Purchase Arrangement 57,613 54,337 49,736
Negotiated Formula 155 155
Pack. Sold (all purchase types) 27,480 27,480 24,894
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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 492
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 155
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 647
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 16,247 10,787 14,747 1,500
Lowest Base Price 74.25
Highest Base Price 86.93
Weighted Average Price 81.07
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 116,099 62,948 75,998 35,514
Lowest Base Price 72.78 72.78 72.78 73.86
Highest Base Price 86.75 85.06 85.06 86.75
Weighted Average Price 80.39 80.12 79.92 81.15
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 52,270 32,713 34,440 16,695
Lowest Base Price 72.74 75.11 75.11 72.74
Highest Base Price 105.21 88.85 88.85 105.21
Weighted Average Price 82.05 80.91 81.06 84.00
Change from Previous Day
Negotiated (live basis)
Head Count 427
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 427
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 4,882 Iowa 69,369
Idaho 163 Illinois 15,012
Indiana 11,863 Kansas 1,124
Kentucky 690 Michigan 6,123
Minnesota 37,853 Missouri 3,118
North Carolina 7,376 Nebraska 14,083
New York 160 Ohio 14,334
Oklahoma 1,857 Pennsylvania 4,150
South Dakota 3,709 Wisconsin 805
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