USDA National Daily Direct Afternoon Hog Report 05/14 14:45
05/14/2026 | 2:45 pm CDT USDA National Daily Direct Afternoon Hog Report 05/14 14:45
LSDLM_HG217
Des Moines, IA Thu, May 14, 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 1,829 1,829 1,753 2,753
Other Market Formula 23,190 23,190 16,216 31,706
Swine/Pork Market Formula 140,598 140,598 128,019 120,489
Other Purchase Arrangement 58,863 58,863 62,111 54,718
Negotiated Formula 1,015 1,015 170 205
Pack. Sold (all purchase types) 37,756 37,756 30,378 28,071
--------------------------------------------------------------------------------
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 810
Lowest Base Price 89.00
Highest Base Price 96.00
Weighted Average Price 93.32 93.14 93.32
Change from Previous Day -2.19
Negotiated Formula (carcass basis)
Head Count 1,015
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,825
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 24,957 9,611 14,976 9,981
Lowest Base Price 81.20 84.51
Highest Base Price 100.09 97.36
Weighted Average Price 90.90 92.63
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 165,094 98,618 115,747 44,593
Lowest Base Price 78.54 78.54 78.54 80.02
Highest Base Price 101.78 99.86 99.86 101.78
Weighted Average Price 88.79 88.64 88.39 89.56
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 60,053 37,009 38,159 20,464
Lowest Base Price 80.71 80.71 80.71 81.57
Highest Base Price 103.69 101.48 101.48 103.69
Weighted Average Price 88.80 88.96 89.03 88.16
Change from Previous Day
Negotiated (live basis)
Head Count 961
Lowest Base Price 62.50
Highest Base Price 75.20
Weighted Average Price 70.07
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 1,101
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -14.62 175# -9.55 1.00 205# .00 4.00
155# -30.00 -11.82 185# .00 1.50 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
--------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 51.70
Price Range $93.00 - $100.00
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,322 Colorado 159
Georgia 5 Iowa 94,589
Idaho 167 Illinois 18,072
Indiana 13,953 Kansas 1,020
Kentucky 3,406 Michigan 9,743
Minnesota 53,059 Missouri 2,408
North Carolina 7,201 Nebraska 17,830
New York 170 Ohio 21,398
Oklahoma 1,730 Pennsylvania 4,889
South Dakota 5,320 Tennessee 1,485
Wisconsin 325
--------------------------------------------------------------------------------
[0600059D]