USDA National Daily Direct Afternoon Hog Report 05/04 15:00
05/04/2026 | 3:00 pm CDT USDA National Daily Direct Afternoon Hog Report 05/04 15:00
LSDLM_HG217
Des Moines, IA Mon, May 04, 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 3,288 3,288 3,718 2,231
Other Market Formula 20,488 20,488 24,557 82,682
Swine/Pork Market Formula 136,561 136,561 147,041 136,242
Other Purchase Arrangement 102,669 102,669 183,789 80,695
Negotiated Formula 810 810 905
Pack. Sold (all purchase types) 36,056 36,056 42,683 46,255
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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 657
Lowest Base Price 86.00
Highest Base Price 96.00
Weighted Average Price 94.44
Change from Previous Day 1.90
Negotiated Formula (carcass basis)
Head Count 170
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 827
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 23,478 14,737 22,197 1,281
Lowest Base Price 83.18 87.45
Highest Base Price 102.45 102.07
Weighted Average Price 90.36 95.54
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 156,107 93,784 110,839 42,547
Lowest Base Price 79.68 79.68 79.68 79.68
Highest Base Price 97.85 97.85 97.85 95.74
Weighted Average Price 89.21 88.81 88.76 90.25
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 104,919 69,969 72,229 31,380
Lowest Base Price 81.58 81.89 81.89 81.58
Highest Base Price 108.19 97.76 97.76 108.19
Weighted Average Price 88.53 88.37 88.52 88.39
Change from Previous Day
Negotiated (live basis)
Head Count 1,994
Lowest Base Price 60.50
Highest Base Price 72.90
Weighted Average Price 70.47 71.66
Change from Previous Day -.31
Negotiated Formula (live basis)
Head Count 920
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,914
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 -14.62 175# -9.60 .00 205# .00 1.92
155# -14.40 -10.00 185# .00 .00 215# .00 1.92
165# -9.60 -3.37 195# .00 .00 225# -1.33 .96
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog3 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.78
Price Range $90.00 - $97.92
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,191 Iowa 129,121
Illinois 20,610 Indiana 19,056
Kansas 1,359 Kentucky 1,809
Michigan 9,895 Minnesota 51,638
Missouri 2,814 Montana 666
North Carolina 6,986 Nebraska 18,079
Ohio 19,110 Oklahoma 63
Pennsylvania 6,323 South Dakota 7,355
Tennessee 120 Wisconsin 648
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