USDA National Daily Direct Morning Hog Report 01/16 10:50
01/16/2026 | 10:50 am CST USDA National Daily Direct Morning Hog Report 01/16 10:50
LSDLM_HG216
Des Moines, IA Fri, Jan 16, 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 1,914 664 1,928 1,565
Other Market Formula 35,487 34,835 22,961 28,378
Swine/Pork Market Formula 97,649 83,916 102,867 88,213
Other Purchase Arrangement 307,419 303,721 49,865 44,524
Negotiated Formula 164 164
Pack. Sold (all purchase types) 21,425 21,425 25,313 21,295
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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 160
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 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 33,833 12,667 18,495 15,338
Lowest Base Price 74.68
Highest Base Price 106.00
Weighted Average Price 89.37
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 97,876 54,191 61,209 31,597
Lowest Base Price 73.06 75.59 75.59 73.06
Highest Base Price 87.99 86.11 86.11 87.99
Weighted Average Price 82.37 82.29 82.33 82.60
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 301,610 282,028 283,323 16,659
Lowest Base Price 73.11 76.02
Highest Base Price 99.82 99.82
Weighted Average Price 81.36 84.42
Change from Previous Day
Negotiated (live basis)
Head Count 186
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 164
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 350
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 6,345 Iowa 316,280
Illinois 14,242 Indiana 9,045
Kansas 1,006 Kentucky 879
Michigan 5,855 Minnesota 33,422
Missouri 2,405 Montana 220
North Carolina 7,902 North Dakota 170
Nebraska 11,953 New York 160
Ohio 26,577 Oklahoma 1,881
Pennsylvania 4,514 South Dakota 1,369
Wisconsin 500
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