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USDA National Daily Direct Afternoon Hog Report 05/21 15:00

USDA National Daily Direct Afternoon Hog Report 05/21 15:00

LSDLM_HG217
Des Moines, IA                             Thu, May 21, 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                                  2,765     2,765     1,829     3,665
 Other Market Formula                       19,427    19,427    23,190    22,127
 Swine/Pork Market Formula                 116,680   116,680   140,598   113,615
 Other Purchase Arrangement                 57,779    57,779    58,863    59,699
 Negotiated Formula                            170       170     1,015       320
Pack. Sold (all purchase types)             24,697    24,697    37,756    23,918
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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                          1,105                                    
   Lowest Base Price                   87.00                                    
   Highest Base Price                  95.00                                    
   Weighted Average Price              93.58       92.98       93.58            
   Change from Previous Day             -.18       -1.74        -.59            
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                          1,275                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         18,618      14,656      16,682       1,936
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        131,898      71,102      80,517      46,802
   Lowest Base Price                   80.92       80.97       80.97       80.92
   Highest Base Price                  99.51       98.67       98.67       99.51
   Weighted Average Price              89.91       90.08       90.15       89.34
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         57,701      32,365      33,990      21,444
   Lowest Base Price                   81.95       81.95       81.95       82.14
   Highest Base Price                 104.08      102.55      102.55      104.08
   Weighted Average Price              89.36       89.85       90.03       88.12
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,223                                    
   Lowest Base Price                   62.25                                    
   Highest Base Price                  73.85                                    
   Weighted Average Price              70.27                                    
   Change from Previous Day              .98                                    
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                          1,363                                    
   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#   -9.30  -1.35         205#     .00   4.00
    155#  -25.00 -10.00         185#   -1.50    .00         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 Hog8 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.23       
 
Price Range $94.00  - $98.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,804          Colorado                160
Georgia                   6          Iowa                 76,313
Idaho                   334          Illinois             16,885
Indiana              15,600          Kansas                1,114
Kentucky                525          Michigan              8,310
Minnesota            44,349          Missouri              3,268
North Carolina        7,572          Nebraska              7,566
Ohio                 20,082          Oklahoma              1,720
Pennsylvania          6,619          South Dakota          4,071
Texas                   100          Wisconsin             1,120

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