USDA National Daily Direct Morning Hog Report 02/16 10:55
02/16/2026 | 10:55 am CST USDA National Daily Direct Morning Hog Report 02/16 10:55
LSDLM_HG216
Des Moines, IA Mon, Feb 16, 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 3,052 1,802 942 471
Other Market Formula 19,134 18,794 21,502 23,841
Swine/Pork Market Formula 151,630 133,759 134,423 103,852
Other Purchase Arrangement 67,213 63,103 103,600 83,661
Negotiated Formula 335 335 190 100
Pack. Sold (all purchase types) 27,187 27,187 50,092 42,487
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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 525
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 180
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 705
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 19,813 13,279 17,834 1,979
Lowest Base Price 77.32 81.07
Highest Base Price 93.02 88.00
Weighted Average Price 83.84 82.52
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 147,319 91,445 108,157 34,233
Lowest Base Price 77.66 77.66 77.66 80.03
Highest Base Price 90.10 90.10 90.10 89.93
Weighted Average Price 85.39 85.35 85.34 85.24
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 64,697 40,716 41,516 22,379
Lowest Base Price 79.49 80.03 80.03 79.49
Highest Base Price 104.17 94.60 94.60 104.17
Weighted Average Price 86.46 86.78 86.81 85.71
Change from Previous Day
Negotiated (live basis)
Head Count 1,277
Lowest Base Price 56.25
Highest Base Price 67.00
Weighted Average Price 60.09 64.70
Change from Previous Day
Negotiated Formula (live basis)
Head Count 155
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,432
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,948 Colorado 159
Iowa 95,561 Illinois 14,717
Indiana 24,651 Kansas 2,079
Kentucky 1,615 Michigan 6,726
Minnesota 51,584 Missouri 1,949
North Carolina 980 Nebraska 14,832
New York 160 Ohio 12,559
Oklahoma 1,253 Pennsylvania 4,832
South Dakota 5,977 Wisconsin 398
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