USDA National Daily Direct Afternoon Hog Report 02/19 14:45
02/19/2026 | 2:45 pm CST USDA National Daily Direct Afternoon Hog Report 02/19 14:45
LSDLM_HG217
Des Moines, IA Thu, Feb 19, 2026
DAILY DIRECT AFTERNOON 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 4,058 4,058 4,615 2,314
Other Market Formula 17,178 17,178 25,503 26,789
Swine/Pork Market Formula 115,439 115,439 93,730 128,182
Other Purchase Arrangement 226,590 226,590 56,983 137,511
Negotiated Formula 185 160
Pack. Sold (all purchase types) 28,104 28,104 25,396 29,718
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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 4,390
Lowest Base Price 81.00
Highest Base Price 92.00
Weighted Average Price 91.04 91.36 91.27
Change from Previous Day 2.70 .37
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 4,390
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 18,114 11,857 16,269 1,845
Lowest Base Price 79.25 80.95
Highest Base Price 94.30 93.55
Weighted Average Price 87.46 87.13
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 130,426 67,819 81,838 43,278
Lowest Base Price 79.02 79.02 79.02 80.88
Highest Base Price 95.40 95.40 95.40 93.90
Weighted Average Price 87.29 87.63 87.60 86.63
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 226,213 203,337 205,116 18,409
Lowest Base Price 79.34 79.34 79.34 80.05
Highest Base Price 98.56 98.13 98.13 98.56
Weighted Average Price 84.59 84.32 84.39 86.43
Change from Previous Day
Negotiated (live basis)
Head Count 880
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 880
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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# -30.00 -13.00 175# -8.85 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog9 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.50
Price Range $87.00 - $93.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,238 Colorado 159
Georgia 1 Iowa 246,284
Illinois 15,669 Indiana 16,069
Kansas 1,458 Kentucky 1,578
Michigan 6,865 Minnesota 41,659
Missouri 3,005 North Carolina 7,596
Nebraska 11,003 Ohio 16,459
Oklahoma 1,926 Pennsylvania 6,546
South Dakota 7,952 Texas 582
Wisconsin 320
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