USDA National Daily Direct Morning Hog Report 02/10 10:55
02/10/2026 | 10:55 am CST USDA National Daily Direct Morning Hog Report 02/10 10:55
LSDLM_HG216
Des Moines, IA Tue, Feb 10, 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 3,080 1,830 2,048 2,253
Other Market Formula 26,967 26,347 18,940 22,458
Swine/Pork Market Formula 111,045 97,417 92,792 84,061
Other Purchase Arrangement 59,888 55,290 53,426 48,325
Negotiated Formula 125 125 155
Pack. Sold (all purchase types) 28,253 28,253 25,276 26,400
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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 1,585
Lowest Base Price 84.00
Highest Base Price 88.50
Weighted Average Price 84.92 84.92 84.92
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 125
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,710
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 26,360 9,450 13,391 12,969
Lowest Base Price 75.95 81.73
Highest Base Price 88.85 88.63
Weighted Average Price 84.19 85.04
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 115,008 64,978 77,821 31,664
Lowest Base Price 78.27 78.27 78.27 78.27
Highest Base Price 90.33 90.33 90.33 90.08
Weighted Average Price 85.70 85.56 85.32 86.38
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 55,050 37,372 37,708 16,532
Lowest Base Price 73.69 73.69 73.69 75.68
Highest Base Price 98.55 97.57 97.57 98.55
Weighted Average Price 86.34 86.30 86.30 86.35
Change from Previous Day
Negotiated (live basis)
Head Count 1,295
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 1,295
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# -25.00 -13.00 175# -4.00 -1.35 205# .00 4.00
155# -25.00 -10.00 185# -1.50 .00 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog0 lb carcassnch back-fatre inch loinh loin
depthFFLI: 51.85
Price Range $88.50 - $91.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,023 Iowa 76,869
Illinois 16,717 Indiana 7,335
Kansas 520 Kentucky 1,199
Maryland 160 Michigan 6,104
Minnesota 37,640 Missouri 1,607
Montana 220 North Carolina 8,065
Nebraska 13,492 Ohio 23,799
Oklahoma 1,906 Pennsylvania 4,823
South Dakota 3,458 Wisconsin 165
Wyoming 160
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