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USDA National Daily Direct Morning Hog Report 01/09 10:45

USDA National Daily Direct Morning Hog Report 01/09 10:45

LSDLM_HG216
Des Moines, IA                             Fri, Jan 09, 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                                  3,158     1,928     1,265       823
 Other Market Formula                       23,789    22,961    19,358    20,164
 Swine/Pork Market Formula                 116,552   102,867    83,481    97,695
 Other Purchase Arrangement                 52,460    49,865    45,362    46,621
 Negotiated Formula                                                910       818
Pack. Sold (all purchase types)             25,313    25,313    27,324    23,250
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                          Volume and Price Range For Barrows and Gilts
                              Purchased Swine (Including Packer Sold)
                                    National       Iowa/     Western     Eastern
                                                 Minnesota  Cornbelt    Cornbelt
                                   ---------------------------------------------
Negotiated (carcass basis)
   Head Count                            833                                    
   Lowest Base Price                   66.00                                    
   Highest Base Price                  73.00                                    
   Weighted Average Price              68.56                                    
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            833                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         22,584      15,022      20,422       2,162
   Lowest Base Price                   74.13                                    
   Highest Base Price                 105.60                                    
   Weighted Average Price              84.28                                    
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        121,336      65,807      78,438      37,260
   Lowest Base Price                   70.62       71.55       71.55       70.62
   Highest Base Price                  85.34       84.13       84.13       85.34
   Weighted Average Price              79.54       79.23       79.00       80.38
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         47,039      29,894      30,860      15,040
   Lowest Base Price                   71.39       74.23       74.23       71.39
   Highest Base Price                 105.21       88.18       88.18      105.21
   Weighted Average Price              82.30       81.43       81.50       83.81
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            925                                    
   Lowest Base Price                   45.75                                    
   Highest Base Price                  57.70                                    
   Weighted Average Price              52.07                                    
   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                            925                                    
   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#  -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 Hog6 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.84       
 
Price Range $68.00  - $76.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                6,064          Colorado                307
Iowa                 70,641          Illinois             14,037
Indiana              13,443          Kansas                1,717
Kentucky                532          Michigan              6,036
Minnesota            40,864          Missouri              2,743
Montana                 223          North Carolina        7,524
North Dakota            546          Nebraska             14,508
New York                170          Ohio                 13,593
Oklahoma              1,878          Pennsylvania          4,833
South Dakota          2,459          Wisconsin               816

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