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USDA National Daily Direct Afternoon Hog Report 08/28 14:45

USDA National Daily Direct Afternoon Hog Report 08/28 14:45

LSDLM_HG217
Des Moines, IA                             Fri, Aug 28, 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                                  4,027     4,027     5,408     2,206
 Other Market Formula                       16,954    16,954    26,829    53,135
 Swine/Pork Market Formula                 122,398   122,398   134,010   124,971
 Other Purchase Arrangement                 52,642    52,642    57,338    44,844
 Negotiated Formula                            570       570       415       480
Pack. Sold (all purchase types)             25,806    25,806    29,282    35,354
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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                          2,319                                    
   Lowest Base Price                   85.50                                    
   Highest Base Price                  94.00                                    
   Weighted Average Price              89.57       89.86       89.84       88.38
   Change from Previous Day             -.19         .12         .13            
Negotiated Formula (carcass basis)
   Head Count                            160                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,479                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         15,737       3,519       8,049       7,688
   Lowest Base Price                   74.40                               78.56
   Highest Base Price                  99.12                               96.54
   Weighted Average Price              83.67                               85.78
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        141,057      83,879      98,386      37,871
   Lowest Base Price                   77.61       78.30       78.30       77.61
   Highest Base Price                  95.14       95.13       95.13       95.14
   Weighted Average Price              88.39       88.19       88.10       88.69
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         50,553      27,104      29,317      19,440
   Lowest Base Price                   78.63       78.63       78.63       79.48
   Highest Base Price                 109.61       96.42       96.42      109.61
   Weighted Average Price              88.73       88.31       88.39       89.02
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,421                                    
   Lowest Base Price                   59.25                                    
   Highest Base Price                  71.25                                    
   Weighted Average Price              66.47                                    
   Change from Previous Day             -.62                                    
Negotiated Formula (live basis)
   Head Count                            470                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,891                                    
   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#  -32.00 -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#    -.50   3.00         225#  -30.00   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: 53.07       
 
Price Range $85.50  - $98.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,971          Colorado                160
Iowa                 75,436          Illinois             17,695
Indiana              14,083          Kansas                1,035
Kentucky              2,254          Michigan              6,272
Minnesota            42,920          Missouri              3,318
Montana                 228          North Carolina        6,480
North Dakota            335          Nebraska             13,134
Ohio                 15,566          Oklahoma              1,165
Pennsylvania          4,414          South Dakota          7,057
Tennessee             4,065          Wisconsin               809

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