USDA National Daily Direct Afternoon Hog Report 02/16 15:00
02/16/2026 | 3:00 pm CST USDA National Daily Direct Afternoon Hog Report 02/16 15:00
LSDLM_HG217
Des Moines, IA Mon, Feb 16, 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 2,287 2,287 1,117 1,763
Other Market Formula 25,653 25,653 24,602 34,142
Swine/Pork Market Formula 176,312 176,312 168,706 149,286
Other Purchase Arrangement 77,468 77,468 111,276 96,533
Negotiated Formula 335 335 190 100
Pack. Sold (all purchase types) 38,717 38,717 54,547 56,429
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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 803
Lowest Base Price 82.00
Highest Base Price 86.00
Weighted Average Price 85.24 85.43 85.43
Change from Previous Day .02 -.67 -.67
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 983
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 31,147 18,314 27,024 4,123
Lowest Base Price 77.32 80.95
Highest Base Price 93.02 88.00
Weighted Average Price 84.01 82.35
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 195,753 115,197 140,594 50,230
Lowest Base Price 77.66 77.66 77.66 79.66
Highest Base Price 90.10 90.10 90.10 89.93
Weighted Average Price 85.09 85.05 84.98 85.15
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 79,702 47,832 49,929 28,152
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 86.09 86.27 86.35 85.49
Change from Previous Day
Negotiated (live basis)
Head Count 1,484
Lowest Base Price 56.25
Highest Base Price 67.50
Weighted Average Price 60.98 65.40
Change from Previous Day -4.87
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 1,639
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 -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 Hog2 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.12
Price Range $87.12 - $90.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,767 Colorado 159
Iowa 120,861 Illinois 16,796
Indiana 35,469 Kansas 2,744
Kentucky 1,615 Michigan 10,786
Minnesota 62,292 Missouri 2,471
North Carolina 980 Nebraska 23,902
New York 160 Ohio 18,832
Oklahoma 1,253 Pennsylvania 5,896
South Dakota 9,897 Wisconsin 892
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