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USDA National Daily Direct Afternoon Hog Report 05/15 14:55

USDA National Daily Direct Afternoon Hog Report 05/15 14:55

LSDLM_HG217
Des Moines, IA                             Fri, May 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                                  3,616     3,616     2,548     2,262
 Other Market Formula                       23,848    23,848    26,336   225,493
 Swine/Pork Market Formula                 110,920   110,920   125,183   124,976
 Other Purchase Arrangement                 56,622    56,622    51,316    56,307
 Negotiated Formula                            165       165       792       495
Pack. Sold (all purchase types)             27,573    27,573    25,806    26,015
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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                          1,633                                    
   Lowest Base Price                   86.00                                    
   Highest Base Price                  95.00                                    
   Weighted Average Price              91.52                   91.65            
   Change from Previous Day            -1.80                   -1.67            
Negotiated Formula (carcass basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,633                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         24,222      11,863      18,808       5,414
   Lowest Base Price                   83.45                               84.33
   Highest Base Price                 101.45                               96.12
   Weighted Average Price              90.76                               93.40
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        125,285      70,006      79,062      40,889
   Lowest Base Price                   80.93       80.93       80.93       81.37
   Highest Base Price                 100.73       99.31       99.31      100.73
   Weighted Average Price              89.69       89.52       89.49       89.93
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         58,611      34,007      36,804      20,666
   Lowest Base Price                   81.73       81.76       81.76       81.73
   Highest Base Price                 108.79      101.74      101.74      108.79
   Weighted Average Price              89.22       89.29       89.58       88.43
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,437                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            305                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,742                                    
   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#   -4.00   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.50   1.50         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 Hog9 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 51.67       
 
Price Range $93.00  - $98.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,821          Colorado                159
Iowa                 81,481          Illinois             17,821
Indiana              11,650          Kansas                  747
Kentucky              2,069          Michigan              7,076
Minnesota            37,109          Missouri              2,379
Montana                 229          North Carolina        7,441
North Dakota            335          Nebraska             12,395
Ohio                 19,275          Oklahoma              1,554
Pennsylvania          6,306          South Dakota          6,417
Tennessee             2,145          Wisconsin               335

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