USDA National Daily Direct Hog Prior Day Report 05/04 07:50
05/04/2026 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 05/04 07:50
LM_HG218
Des Moines, IA Mon, May 04, 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
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Producer Sold
Negotiated 2,938 3,137 2,923
Other Market Formula 23,453 33,006 84,788
Swine/Pork Market Formula 135,174 133,300 134,166
Other Purchase Arrangement 90,099 174,917 70,287
Negotiated Formula 220 460
Pack. Sold (all purchase types) 41,467 35,543 34,726
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 999 20,485 130,651 87,072 170 239,377
Base Price 92.38 89.70 89.31 88.42 89.03
Packer Sold
Head Count 41,087
Base Price 90.15
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Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
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Negotiated (carcass basis)
Head Count 999
Lowest Base Price 88.00
Highest Base Price 95.00
Weighted Average Price 92.38 93.75 93.54
Negotiated Formula (carcass basis)
Head Count 170
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,169
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 25,985 15,262 22,517 3,468
Lowest Base Price 77.12 77.12
Highest Base Price 105.53 105.53
Weighted Average Price 90.85 93.83
Swine/Pork Market Formula (carcass basis)
Head Count 158,171 98,397 116,249 39,664
Lowest Base Price 79.68 81.26 81.26 79.68
Highest Base Price 97.85 97.85 97.85 95.74
Weighted Average Price 89.21 88.91 88.86 90.01
Other Purchase Arrangement (carcass basis)
Head Count 95,139 66,652 68,893 23,828
Lowest Base Price 81.58 81.89 81.89 81.58
Highest Base Price 108.19 103.31 103.31 108.19
Weighted Average Price 88.69 88.65 88.81 88.28
Negotiated (live basis)
Head Count 1,395
Lowest Base Price 60.50
Highest Base Price 73.10
Weighted Average Price 70.41 72.22
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,535
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)
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -14.62 175# -9.30 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 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 Hog215.23 lb carcass .69 inch back-fat
8.03 square inch loin 2.67 inch loin depth FFLI: 52.78
Price Range $93.84 - $99.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,269 Iowa 130,021
Illinois 18,989 Indiana 17,899
Kansas 1,369 Kentucky 1,425
Michigan 7,914 Minnesota 52,114
Missouri 3,070 North Carolina 6,986
Nebraska 17,804 Ohio 16,514
Oklahoma 201 Pennsylvania 4,747
South Dakota 8,423 Tennessee 120
Wisconsin 486
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