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USDA National Daily Direct Hog Prior Day Report 04/07 07:45

USDA National Daily Direct Hog Prior Day Report 04/07 07:45

LM_HG218
Des Moines, IA                             Tue, Apr 07, 2026

DAILY DIRECT PRIOR DAY HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                                      Actual    Actual    Actual
                                                       Today  Week Ago  Year Ago
                                                      --------------------------
Producer Sold
 Negotiated                                            3,304     7,433     7,260
 Other Market Formula                                 18,370    25,696    18,912
 Swine/Pork Market Formula                           120,278   131,734   124,839
 Other Purchase Arrangement                           56,368    59,078    65,929
 Negotiated Formula                                      265       165          
Pack. Sold (all purchase types)                       24,518    31,803    37,713
================================================================================
                           Other         Swine
                           Market       or Pork       Other
                           Formula       Market     Purchase  Negotiated Totals/
              Negotiated  (FUT/OPT)**    Formula    Arrgment   Formula   Wtd Avg
              ------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
 Head Count          497      14,342     113,575      52,612       265   181,291
 Base Price                                89.03       89.71               88.97
Packer Sold
 Head Count                                                               24,197
 Base Price                                                                89.09
================================================================================

                          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                            497                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (carcass basis)
   Head Count                            265                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            762                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         18,182      11,673      16,384       1,798
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Swine/Pork Market Formula (carcass basis)
   Head Count                        129,643      82,210      94,490      29,808
   Lowest Base Price                   80.42       82.07       80.42       80.42
   Highest Base Price                  94.51       94.51       94.51       93.13
   Weighted Average Price              88.95       88.73       88.74       89.31
Other Purchase Arrangement (carcass basis)
   Head Count                         56,901      32,767      34,237      21,202
   Lowest Base Price                   78.99       83.52       83.52       78.99
   Highest Base Price                 102.26      101.01      101.01      102.26
   Weighted Average Price              89.77       89.84       89.89       89.36
Negotiated (live basis)
   Head Count                          1,990                                    
   Lowest Base Price                   62.25                                    
   Highest Base Price                  73.00                                    
   Weighted Average Price              68.05                               68.37
Negotiated Formula (live basis)
   Head Count                            140                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,130                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
================================================================================
                NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 - 
2.7 inches)
 
================================================================================
                          CARCASS WEIGHT DIFFERENTIALS
   
    145#                        175#                        205#               
    155#                        185#                        215#               
    165#                        195#                        225#               
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                5,398          Iowa                 82,438
Illinois             21,203          Indiana              14,782
Kansas                1,887          Kentucky              1,603
Maryland                160          Michigan              6,070
Minnesota            46,409          Missouri              2,556
Montana                 674          North Carolina          160
North Dakota            296          Nebraska             12,265
Ohio                 15,057          Oklahoma              1,905
Pennsylvania          4,294          South Dakota          5,514
Wisconsin               432          
================================================================================

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