USDA National Daily Direct Morning Hog Report 02/17 10:45
02/17/2026 | 10:45 am CST USDA National Daily Direct Morning Hog Report 02/17 10:45
LSDLM_HG216
Des Moines, IA Tue, Feb 17, 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 1,916 666 1,830 1,421
Other Market Formula 10,346 10,006 26,347 12,320
Swine/Pork Market Formula 95,994 81,814 97,417 80,045
Other Purchase Arrangement 48,855 44,905 55,290 48,110
Negotiated Formula 165 165 125
Pack. Sold (all purchase types) 20,217 20,217 28,253 25,245
--------------------------------------------------------------------------------
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 205
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 370
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 6,720 4,984 5,850 870
Lowest Base Price 77.32
Highest Base Price 93.02
Weighted Average Price 85.58
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 94,936 53,146 62,103 27,478
Lowest Base Price 78.23 80.62 80.62 78.23
Highest Base Price 91.03 89.93 89.93 91.03
Weighted Average Price 87.16 86.93 86.98 87.45
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 44,657 29,789 30,429 13,094
Lowest Base Price 80.81 80.81 80.81 82.16
Highest Base Price 98.42 95.07 95.07 98.42
Weighted Average Price 87.75 87.77 87.81 87.51
Change from Previous Day
Negotiated (live basis)
Head Count 461
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 461
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 4,879 Iowa 55,199
Illinois 14,773 Indiana 5,141
Kansas 2,058 Kentucky 714
Maryland 160 Michigan 3,315
Minnesota 33,694 Missouri 2,277
Montana 674 North Carolina 7,728
North Dakota 362 Nebraska 6,163
Ohio 11,725 Oklahoma 1,873
Pennsylvania 4,472 South Dakota 2,395
Wisconsin 171
--------------------------------------------------------------------------------
[0600059D]