USDA National Daily Direct Morning Hog Report 01/22 10:45
01/22/2026 | 10:45 am CST USDA National Daily Direct Morning Hog Report 01/22 10:45
LSDLM_HG216
Des Moines, IA Thu, Jan 22, 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 2,150 900 867 500
Other Market Formula 21,637 20,457 50,712 17,131
Swine/Pork Market Formula 116,014 100,543 94,874 88,841
Other Purchase Arrangement 61,758 58,284 52,228 51,964
Negotiated Formula 1,050 1,050 514
Pack. Sold (all purchase types) 30,461 30,461 31,542 18,277
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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 150
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 1,050
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,200
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 19,730 11,915 16,225 3,505
Lowest Base Price 73.82 80.28
Highest Base Price 108.80 108.80
Weighted Average Price 85.37 94.87
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 122,018 67,948 80,338 36,561
Lowest Base Price 76.03 76.03 76.03 77.03
Highest Base Price 88.34 88.13 88.13 88.34
Weighted Average Price 82.72 82.47 82.45 83.28
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 57,253 37,175 38,940 16,686
Lowest Base Price 71.62 71.62 71.62 73.10
Highest Base Price 104.84 93.03 93.03 104.84
Weighted Average Price 84.04 83.27 83.42 85.42
Change from Previous Day
Negotiated (live basis)
Head Count 578
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 578
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 6,821 Iowa 78,516
Illinois 16,687 Indiana 11,727
Kansas 690 Kentucky 1,252
Michigan 5,410 Minnesota 39,395
Missouri 2,725 North Carolina 7,400
North Dakota 181 Nebraska 13,736
New York 160 Ohio 16,004
Oklahoma 1,893 Pennsylvania 4,733
South Dakota 4,045 Wisconsin 320
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