USDA National Daily Direct Morning Hog Report 01/26 11:00
01/26/2026 | 11:00 am CST USDA National Daily Direct Morning Hog Report 01/26 11:00
LSDLM_HG216
Des Moines, IA Mon, Jan 26, 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 1,626 376 780 1,118
Other Market Formula 19,110 18,486 26,519 40,302
Swine/Pork Market Formula 108,473 94,029 129,800 112,373
Other Purchase Arrangement 98,916 95,528 173,824 93,467
Negotiated Formula 160 160 85 140
Pack. Sold (all purchase types) 36,761 36,761 24,588 54,591
--------------------------------------------------------------------------------
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
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
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 18,898 12,156 17,526 1,372
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 116,911 69,524 78,430 34,850
Lowest Base Price 78.60 78.60 78.60 79.12
Highest Base Price 88.09 88.09 88.09 88.09
Weighted Average Price 84.69 84.65 84.65 84.87
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 98,576 74,128 76,468 22,108
Lowest Base Price 70.88 75.92 75.92 70.88
Highest Base Price 104.84 93.67 93.67 104.84
Weighted Average Price 83.28 83.00 83.13 83.83
Change from Previous Day
Negotiated (live basis)
Head Count 273
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 433
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# 175# 205#
155# 185# 215#
165# 195# 225#
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,643 Colorado 151
Iowa 106,868 Illinois 13,863
Indiana 8,765 Kansas 1,020
Kentucky 350 Michigan 7,742
Minnesota 50,893 Missouri 2,061
Montana 649 North Carolina 13,347
Nebraska 10,662 New York 160
Ohio 14,222 Oklahoma 953
Pennsylvania 4,191 South Dakota 5,465
Wisconsin 335
--------------------------------------------------------------------------------
[0600059D]