USDA National Daily Direct Morning Hog Report 01/27 10:55
01/27/2026 | 10:55 am CST USDA National Daily Direct Morning Hog Report 01/27 10:55
LSDLM_HG216
Des Moines, IA Tue, Jan 27, 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 1,221 721 1,456 1,959
Other Market Formula 95,687 94,939 20,010 20,559
Swine/Pork Market Formula 88,677 75,198 90,336 81,419
Other Purchase Arrangement 49,202 45,734 51,327 51,465
Negotiated Formula 528 528 165
Pack. Sold (all purchase types) 20,589 20,589 19,891 26,403
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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 645
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 253
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 898
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 93,665 6,978 10,548 83,117
Lowest Base Price 71.24
Highest Base Price 109.20
Weighted Average Price 85.27
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 87,958 51,013 58,822 22,953
Lowest Base Price 77.57 78.62 78.62 77.57
Highest Base Price 89.48 89.48 89.48 89.48
Weighted Average Price 85.48 85.47 85.49 85.71
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 44,147 34,090 35,402 7,772
Lowest Base Price 71.48 78.62 78.62 71.48
Highest Base Price 94.62 94.62 94.62 89.06
Weighted Average Price 86.19 86.08 86.19 86.06
Change from Previous Day
Negotiated (live basis)
Head Count 23
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 188
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 6,482 Iowa 60,998
Illinois 95,767 Indiana 3,508
Kansas 1,312 Kentucky 350
Michigan 4,968 Minnesota 32,194
Missouri 2,262 North Carolina 7,642
Nebraska 8,959 Ohio 8,147
Oklahoma 1,903 Pennsylvania 335
South Dakota 2,750 Wisconsin 132
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