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USDA National Daily Direct Hog Prior Day Report 04/10 08:00

USDA National Daily Direct Hog Prior Day Report 04/10 08:00

LM_HG218
Des Moines, IA                             Fri, Apr 10, 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                                            2,392     4,052     5,446
 Other Market Formula                                 21,691    18,342    21,530
 Swine/Pork Market Formula                           133,841   127,158   131,909
 Other Purchase Arrangement                           52,830    55,105    46,927
 Negotiated Formula                                      260     1,600       205
Pack. Sold (all purchase types)                       32,876    30,689    28,976
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                           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          682      19,428     129,661      49,357       260   199,388
 Base Price        89.96       87.05       88.82       89.04               88.71
Packer Sold
 Head Count                                                               32,166
 Base Price                                                                89.21
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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                            682                                    
   Lowest Base Price                   86.00                                    
   Highest Base Price                  91.00                                    
   Weighted Average Price              89.96       90.11       89.96            
Negotiated Formula (carcass basis)
   Head Count                            260                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            942                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         23,088      13,297      18,093       4,995
   Lowest Base Price                   78.93                               84.17
   Highest Base Price                 101.35                               97.36
   Weighted Average Price              87.69                               90.21
Swine/Pork Market Formula (carcass basis)
   Head Count                        154,578      87,744     103,074      45,928
   Lowest Base Price                   79.84       79.84       79.84       81.41
   Highest Base Price                  96.57       95.24       95.24       96.57
   Weighted Average Price              88.82       88.81       88.68       88.91
Other Purchase Arrangement (carcass basis)
   Head Count                         52,946      32,154      34,871      16,114
   Lowest Base Price                   82.06       82.07       82.07       82.06
   Highest Base Price                 107.29       97.42       97.42      107.29
   Weighted Average Price              89.11       88.87       89.22       88.63
Negotiated (live basis)
   Head Count                          1,099                                    
   Lowest Base Price                   59.25                                    
   Highest Base Price                  73.00                                    
   Weighted Average Price              68.07                               70.55
Negotiated Formula (live basis)
   Head Count                            140                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,239                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
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                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#  -26.00 -13.00         175#   -4.00  -1.35         205#     .00   4.00
    155#  -26.00 -10.00         185#   -1.50    .00         215#     .00   4.00
    165#  -26.00  -3.37         195#     .00   3.00         225#   -1.33   3.50
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog215.42 lb carcass .68 inch back-fat 
7.91 square inch loin 2.63 inch loin depth FFLI: 52.85
 
Price Range $90.00  - $96.00  
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                6,308          Colorado                160
Iowa                 92,767          Idaho                   334
Illinois             17,294          Indiana              15,127
Kansas                1,162          Kentucky                870
Michigan              8,007          Minnesota            42,741
Missouri              2,948          North Carolina        7,581
North Dakota            170          Nebraska             14,158
Ohio                 16,804          Oklahoma              2,005
Pennsylvania          4,645          South Dakota          8,018
Tennessee             1,980          Wisconsin               975

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