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USDA National Daily Direct Afternoon Hog Report 04/02 14:45

USDA National Daily Direct Afternoon Hog Report 04/02 14:45

LSDLM_HG217
Des Moines, IA                             Thu, Apr 02, 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                                  3,389     3,389     4,597     4,473
 Other Market Formula                       18,647    18,647    18,443    19,856
 Swine/Pork Market Formula                 123,282   123,282   132,167   127,428
 Other Purchase Arrangement                 63,510    63,510    59,762    60,473
 Negotiated Formula                          1,600     1,600       335       545
Pack. Sold (all purchase types)             33,870    33,870    34,913    36,451
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                          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                          2,000                                    
   Lowest Base Price                   89.00                                    
   Highest Base Price                  91.00                                    
   Weighted Average Price              90.35       89.88       90.16            
   Change from Previous Day              .18                                    
Negotiated Formula (carcass basis)
   Head Count                          1,600                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          3,600                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         20,737      12,834      17,598       3,139
   Lowest Base Price                   81.26                               81.26
   Highest Base Price                  95.23                               95.23
   Weighted Average Price              87.07                               87.92
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        146,278      83,571     100,039      41,735
   Lowest Base Price                   80.75       80.75       80.75       80.75
   Highest Base Price                  95.92       95.12       95.12       95.92
   Weighted Average Price              88.58       88.50       88.36       88.84
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         64,222      36,301      39,469      22,474
   Lowest Base Price                   79.78       81.43       81.43       79.78
   Highest Base Price                 102.48      102.48      102.48      101.31
   Weighted Average Price              88.56       88.82       89.05       87.49
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            940                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            140                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,080                                    
   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#  -25.00 -13.00         175#   -4.00    .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
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog8 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.47       
 
Price Range $91.00  - $97.50  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                6,910          Colorado                159
Georgia                   4          Iowa                 90,464
Illinois             15,106          Indiana              12,074
Kansas                  854          Kentucky                629
Michigan              8,314          Minnesota            43,905
Missouri              3,160          North Carolina        7,243
North Dakota            159          Nebraska             13,636
Ohio                 21,523          Oklahoma              1,992
Pennsylvania          7,691          South Dakota          9,666
Wisconsin               809          
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