# USDA Hog Price Report: Negotiated $65.15, Other Purchase $75.74 - News and Statistics - IndexBox

> USDA reported a weighted average net negotiated hog price of $65.15, with other purchase categories at $70.01 and $75.74. Swine or pork formula purchases averaged $67.84. The figures come from the daily USDA hog price report.

- Date: 2026-10-28 · published 2026-10-29T06:05:55.959Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/233-usda-hog-price-report-negotiated-65-15-other-purchase-75-74-news-and-statistics
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Negotiated hog prices set the cash benchmark for hog margins and feed demand, and these levels point to continued pressure on producer returns.

## Read by commodity

- HOGS: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2026-10-29 | 5 | -5.4% | -2.8 | Very low negotiated cash hog price ($65.15) reflects weak spot demand weighing on futures. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2026-10-27 | [USDA LM_HG201 Swine Report: Prices, Weights, Forward Deliveries - News and Statistics](https://feedsoft.ai/events/596-usda-lm-hg201-swine-report-prices-weights-forward-deliveries-news-and-statistics.md) | -5.8% | — |
| HOGS | 2025-01-01 | [Digging into the December 2024 Hogs and Pigs Report](https://feedsoft.ai/events/27097-digging-into-the-december-2024-hogs-and-pigs-report.md) | -2.9% | +1.1% |
| HOGS | 2018-01-01 | [Hog Prices Supported by Strong Demand](https://feedsoft.ai/events/67140-hog-prices-supported-by-strong-demand.md) | +3.2% | +7.4% |
| HOGS | 2017-01-01 | [More hogs, higher prices reflect strong demand](https://feedsoft.ai/events/73124-more-hogs-higher-prices-reflect-strong-demand.md) | -0.9% | +7.3% |
| HOGS | 2022-12-27 | [Cattle & Hog Numbers Still On The Decline - Mid-West Farm Report](https://feedsoft.ai/events/7015-cattle-and-hog-numbers-still-on-the-decline-mid-west-farm-report.md) | -0.2% | -8.2% |

## Sources

- indexbox.io: https://www.indexbox.io/blog/usda-reports-weighted-average-net-hog-prices-for-october-27-2026/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.