USDA National Daily Direct Morning Hog Report 02/19 10:45
02/19/2026 | 10:45 am CST USDA National Daily Direct Morning Hog Report 02/19 10:45
LSDLM_HG216
Des Moines, IA Thu, Feb 19, 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 4,225 2,975 4,058 936
Other Market Formula 14,391 14,051 23,842 19,054
Swine/Pork Market Formula 99,987 84,585 81,780 87,214
Other Purchase Arrangement 223,835 220,197 47,444 126,928
Negotiated Formula 185
Pack. Sold (all purchase types) 25,650 25,650 16,352 24,645
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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 3,665
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 3,665
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 13,967 10,052 13,277 690
Lowest Base Price 79.25 87.53
Highest Base Price 94.30 93.55
Weighted Average Price 87.84 90.68
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 98,730 53,711 62,714 31,190
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 87.70 87.85 87.84 87.38
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 220,000 201,817 203,426 14,534
Lowest Base Price 79.34 79.34 79.34 81.52
Highest Base Price 98.56 98.13 98.13 98.56
Weighted Average Price 84.54 84.27 84.33 87.10
Change from Previous Day
Negotiated (live basis)
Head Count 683
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 683
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 5,106 Colorado 159
Iowa 234,857 Illinois 13,519
Indiana 6,921 Kansas 971
Kentucky 1,578 Michigan 5,370
Minnesota 34,651 Missouri 3,004
North Carolina 7,596 Nebraska 9,304
Ohio 13,049 Oklahoma 1,827
Pennsylvania 5,228 South Dakota 3,416
Texas 582 Wisconsin 320
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