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USDA National Daily Direct Afternoon Hog Report 04/15 14:55

USDA National Daily Direct Afternoon Hog Report 04/15 14:55

LSDLM_HG217
Des Moines, IA                             Wed, Apr 15, 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                                  4,796     4,796     5,174    10,336
 Other Market Formula                       20,709    20,709    31,844    25,488
 Swine/Pork Market Formula                 130,658   130,658   125,914   126,765
 Other Purchase Arrangement                 66,506    66,506    57,959    66,495
 Negotiated Formula                          2,263     2,263       880       680
Pack. Sold (all purchase types)             33,753    33,753    27,492    27,042
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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                          3,545                                    
   Lowest Base Price                   89.00                                    
   Highest Base Price                  92.50                                    
   Weighted Average Price              91.88       91.80       91.88            
   Change from Previous Day             1.11        1.00         .94            
Negotiated Formula (carcass basis)
   Head Count                          2,213                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          5,758                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         20,441       7,735      13,101       7,340
   Lowest Base Price                   79.07                               85.75
   Highest Base Price                 104.78                              104.78
   Weighted Average Price              89.07                               91.74
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        150,808      85,190     101,161      44,304
   Lowest Base Price                   81.07       81.07       81.07       83.10
   Highest Base Price                  94.44       94.44       94.44       93.77
   Weighted Average Price              89.44       89.34       89.23       89.73
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         67,826      38,938      41,523      23,893
   Lowest Base Price                   82.06       83.78       83.78       82.06
   Highest Base Price                 101.32      101.27      101.27      101.32
   Weighted Average Price              89.54       89.63       89.78       88.88
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,136                                    
   Lowest Base Price                   62.00                                    
   Highest Base Price                  73.00                                    
   Weighted Average Price              70.01                               72.47
   Change from Previous Day             -.23                                 .23
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                          1,276                                    
   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 -13.00         175#   -9.25   1.00         205#     .00   4.00
    155#  -30.00 -10.00         185#   -1.50   1.50         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog0 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.03       
 
Price Range $91.00  - $96.50  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                7,068          Iowa                 92,432
Idaho                   167          Illinois             20,555
Indiana              15,615          Kansas                1,492
Kentucky              2,276          Michigan              8,985
Minnesota            44,034          Missouri              3,644
North Carolina        6,791          North Dakota            335
Nebraska             16,039          Ohio                 20,617
Oklahoma              1,830          Pennsylvania          6,963
South Dakota          7,037          Tennessee             1,815
Wisconsin               990          
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