USDA National Daily Direct Hog Prior Day Report 02/16 07:55
02/16/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 02/16 07:55
LM_HG218
Des Moines, IA Mon, Feb 16, 2026
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
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Producer Sold
Negotiated 2,812 2,352 2,286
Other Market Formula 23,749 37,684 26,856
Swine/Pork Market Formula 169,125 167,126 144,157
Other Purchase Arrangement 75,032 105,816 87,292
Negotiated Formula 651 553 100
Pack. Sold (all purchase types) 33,715 53,349 45,530
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 1,229 21,391 162,945 71,603 320 257,488
Base Price 85.22 82.69 85.52 85.99 85.42
Packer Sold
Head Count 33,657
Base Price 85.72
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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 1,229
Lowest Base Price 80.00
Highest Base Price 88.00
Weighted Average Price 85.22 86.10 86.10
Negotiated Formula (carcass basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,549
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 25,941 13,162 22,206 3,735
Lowest Base Price 77.32 80.95
Highest Base Price 100.85 100.85
Weighted Average Price 83.52 84.23
Swine/Pork Market Formula (carcass basis)
Head Count 185,716 116,667 137,891 42,269
Lowest Base Price 77.66 77.66 77.66 80.03
Highest Base Price 91.02 90.10 90.10 91.02
Weighted Average Price 85.45 85.41 85.39 85.37
Other Purchase Arrangement (carcass basis)
Head Count 78,436 52,265 54,395 22,419
Lowest Base Price 79.49 80.67 80.67 79.49
Highest Base Price 104.17 98.52 98.52 104.17
Weighted Average Price 86.12 86.28 86.41 85.21
Negotiated (live basis)
Head Count 1,501
Lowest Base Price 56.25
Highest Base Price 68.80
Weighted Average Price 61.41
Negotiated Formula (live basis)
Head Count 331
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,832
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -14.62 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 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 Hog215.62 lb carcass .67 inch back-fat
8.12 square inch loin 2.70 inch loin depth FFLI: 53.12
Price Range $87.00 - $92.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 7,591 Colorado 159
Iowa 122,379 Illinois 17,804
Indiana 26,275 Kansas 2,079
Kentucky 1,457 Michigan 6,714
Minnesota 62,324 Missouri 2,471
Montana 232 North Carolina 980
Nebraska 20,043 New York 157
Ohio 17,716 Oklahoma 1,255
Pennsylvania 4,509 South Dakota 10,844
Wisconsin 592
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