USDA National Daily Direct Hog Prior Day Report 05/05 08:10
05/05/2026 | 8:10 am CDT USDA National Daily Direct Hog Prior Day Report 05/05 08:10
LM_HG218
Des Moines, IA Tue, May 05, 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 3,015 2,891 2,371
Other Market Formula 15,633 18,681 37,657
Swine/Pork Market Formula 119,990 126,974 119,619
Other Purchase Arrangement 63,376 62,675 58,874
Negotiated Formula 810 805 180
Pack. Sold (all purchase types) 31,002 32,268 39,132
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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 657 12,555 114,427 60,317 170 188,126
Base Price 94.44 88.54 89.68 89.42 89.54
Packer Sold
Head Count 30,582
Base Price 90.57
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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 657
Lowest Base Price 86.00
Highest Base Price 96.00
Weighted Average Price 94.44
Negotiated Formula (carcass basis)
Head Count 170
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 827
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 17,265 9,834 15,649 1,616
Lowest Base Price 83.77 86.25
Highest Base Price 103.72 102.07
Weighted Average Price 90.20 93.55
Swine/Pork Market Formula (carcass basis)
Head Count 135,491 80,033 95,120 36,218
Lowest Base Price 79.68 79.68 79.68 82.09
Highest Base Price 97.89 97.89 97.89 97.64
Weighted Average Price 89.64 89.50 89.43 90.00
Other Purchase Arrangement (carcass basis)
Head Count 65,125 41,257 43,053 20,762
Lowest Base Price 82.74 82.74 82.74 82.83
Highest Base Price 103.59 102.30 102.30 103.59
Weighted Average Price 89.57 89.42 89.50 89.54
Negotiated (live basis)
Head Count 1,750
Lowest Base Price 64.50
Highest Base Price 72.90
Weighted Average Price 70.72 71.65
Negotiated Formula (live basis)
Head Count 920
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,670
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# -25.00 -14.62 175# -9.60 .00 205# .00 1.92
155# -14.40 -10.00 185# .00 .00 215# .00 1.92
165# -9.60 -3.37 195# .00 .00 225# -1.33 .96
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog215.16 lb carcass .70 inch back-fat
7.85 square inch loin 2.61 inch loin depth FFLI: 52.53
Price Range $90.00 - $97.92
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,357 Iowa 83,029
Illinois 19,428 Indiana 15,148
Kansas 753 Kentucky 1,817
Maryland 160 Michigan 7,449
Minnesota 50,304 Missouri 2,680
Montana 667 North Carolina 7,038
Nebraska 15,171 Ohio 12,389
Oklahoma 1,598 Pennsylvania 4,122
South Dakota 7,455 Wisconsin 327
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