USDA National Daily Direct Morning Hog Report 01/14 10:55
01/14/2026 | 10:55 am CST USDA National Daily Direct Morning Hog Report 01/14 10:55
LSDLM_HG216
Des Moines, IA Wed, Jan 14, 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 2,178 1,678 1,030 5,382
Other Market Formula 21,068 20,728 15,138 24,377
Swine/Pork Market Formula 102,207 84,400 101,553 83,343
Other Purchase Arrangement 49,794 45,822 47,808 52,124
Negotiated Formula 330 330 163
Pack. Sold (all purchase types) 25,212 25,212 29,906 22,520
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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 418
Lowest Base Price
Highest Base Price
Weighted Average Price
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 418
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 19,668 11,287 14,257 5,411
Lowest Base Price 74.13 75.81
Highest Base Price 86.37 86.13
Weighted Average Price 80.72 80.69
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 98,959 56,303 63,658 30,257
Lowest Base Price 69.72 69.72 69.72 71.25
Highest Base Price 87.05 85.01 85.01 87.05
Weighted Average Price 80.26 79.96 79.80 81.16
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 47,806 29,950 31,050 15,296
Lowest Base Price 74.68 74.68 74.68 77.03
Highest Base Price 105.21 91.60 91.60 105.21
Weighted Average Price 82.87 81.89 82.03 84.54
Change from Previous Day
Negotiated (live basis)
Head Count 784
Lowest Base Price 41.50
Highest Base Price 57.00
Weighted Average Price 50.21 51.87 51.87
Change from Previous Day
Negotiated Formula (live basis)
Head Count 330
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,114
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 5,150 Iowa 62,912
Illinois 14,222 Indiana 6,439
Kansas 903 Kentucky 3,511
Michigan 6,700 Minnesota 36,220
Missouri 1,903 North Carolina 7,111
North Dakota 345 Nebraska 8,484
New York 160 Ohio 13,196
Oklahoma 1,871 Pennsylvania 4,835
South Dakota 2,403 Tennessee 1,155
Wisconsin 650
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