USDA National Daily Direct Hog Prior Day Report 02/19 07:45
02/19/2026 | 7:45 am CST USDA National Daily Direct Hog Prior Day Report 02/19 07:45
LM_HG218
Des Moines, IA Thu, Feb 19, 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
--------------------------
Producer Sold
Negotiated 11,082 5,333 6,753
Other Market Formula 19,626 27,146 19,339
Swine/Pork Market Formula 126,056 127,238 127,738
Other Purchase Arrangement 59,447 61,186 136,023
Negotiated Formula 1,375 1,395 183
Pack. Sold (all purchase types) 33,990 30,900 30,787
================================================================================
Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 9,236 16,166 121,051 55,522 1,375 203,350
Base Price 88.73 86.03 86.66 87.40 86.87
Packer Sold
Head Count 33,982
Base Price 87.29
================================================================================
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 10,886
Lowest Base Price 78.00
Highest Base Price 92.00
Weighted Average Price 89.23 91.21 78.71
Negotiated Formula (carcass basis)
Head Count 1,375
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 12,261
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 20,106 11,254 16,684 3,422
Lowest Base Price 79.11 80.63
Highest Base Price 94.30 93.55
Weighted Average Price 86.90 85.95
Swine/Pork Market Formula (carcass basis)
Head Count 146,619 81,001 99,899 41,747
Lowest Base Price 79.02 79.02 79.02 79.02
Highest Base Price 95.40 95.40 95.40 93.98
Weighted Average Price 86.59 86.60 86.47 86.70
Other Purchase Arrangement (carcass basis)
Head Count 58,346 38,899 40,843 15,412
Lowest Base Price 79.26 79.26 79.26 80.06
Highest Base Price 98.56 98.13 98.13 98.56
Weighted Average Price 87.50 87.76 87.89 86.27
Negotiated (live basis)
Head Count 1,079
Lowest Base Price 56.25
Highest Base Price 70.00
Weighted Average Price 62.54 62.95
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,079
Lowest Base Price
Highest Base Price
Weighted Average Price
================================================================================
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)
================================================================================
CARCASS WEIGHT DIFFERENTIALS
145# -25.00 -13.00 175# -8.85 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 2.00
================================================================================
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog216.69 lb carcass .65 inch back-fat
8.30 square inch loin 2.76 inch loin depth FFLI: 53.50
Price Range $78.00 - $92.00
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
-------------------------------------------
Canada 7,421 Colorado 159
Iowa 90,711 Illinois 17,961
Indiana 14,878 Kansas 2,146
Kentucky 1,714 Michigan 7,724
Minnesota 50,468 Missouri 3,385
North Carolina 7,596 Nebraska 17,294
Ohio 15,309 Oklahoma 1,827
Pennsylvania 4,485 South Dakota 7,428
Wisconsin 1,070
================================================================================
[0600059D]