USDA National Daily Direct Morning Hog Report 01/29 11:00
01/29/2026 | 11:00 am CST USDA National Daily Direct Morning Hog Report 01/29 11:00
LSDLM_HG216
Des Moines, IA Thu, Jan 29, 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 3,259 2,009 900 1,928
Other Market Formula 16,988 16,648 20,457 27,610
Swine/Pork Market Formula 114,617 101,249 100,543 83,320
Other Purchase Arrangement 53,934 50,507 58,284 50,925
Negotiated Formula 100 100 1,050 155
Pack. Sold (all purchase types) 29,041 29,041 30,461 24,883
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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 1,345
Lowest Base Price 79.00
Highest Base Price 85.00
Weighted Average Price 84.38
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 100
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,445
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 15,732 9,463 12,747 2,985
Lowest Base Price 74.25 79.38
Highest Base Price 90.30 90.30
Weighted Average Price 84.21 86.04
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 121,254 67,292 79,613 36,950
Lowest Base Price 78.43 78.43 78.43 79.43
Highest Base Price 90.07 90.07 90.07 89.47
Weighted Average Price 84.84 84.97 84.87 84.74
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 49,533 31,363 32,818 14,948
Lowest Base Price 76.64 76.64 76.64 78.01
Highest Base Price 99.57 94.91 94.91 99.57
Weighted Average Price 86.20 86.07 86.19 86.10
Change from Previous Day
Negotiated (live basis)
Head Count 376
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 376
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# -26.00 -13.00 175# -4.00 -1.35 205# .00 3.00
155# -26.00 -10.00 185# -1.50 .00 215# .00 4.00
165# -26.00 -3.37 195# .00 1.50 225# -1.33 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog9 lb carcassnch back-fatre inch loinh loin
depthFFLI: 51.35
Price Range $85.00 - $86.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,439 Iowa 73,880
Illinois 17,490 Indiana 10,488
Kansas 1,035 Kentucky 2,600
Maryland 160 Michigan 5,375
Minnesota 36,024 Missouri 3,004
Montana 221 North Carolina 7,435
Nebraska 12,314 New York 170
Ohio 13,115 Oklahoma 1,863
Pennsylvania 3,975 South Dakota 3,505
Tennessee 990 Wisconsin 320
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