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USDA National Daily Direct Hog Prior Day Report 05/19 08:55

USDA National Daily Direct Hog Prior Day Report 05/19 08:55

LM_HG218
Des Moines, IA                             Tue, May 19, 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                                            4,176     4,419     1,435
 Other Market Formula                                 19,417    20,843    38,479
 Swine/Pork Market Formula                           122,528   127,426   121,434
 Other Purchase Arrangement                           63,500    60,238    55,393
 Negotiated Formula                                      430       320       320
Pack. Sold (all purchase types)                       27,893    29,775    39,624
================================================================================
                           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        1,732      15,952     116,493      59,908       430   194,515
 Base Price        94.89                   89.63       90.27               90.25
Packer Sold
 Head Count                                                               27,893
 Base Price                                                                91.30
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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                          1,732                                    
   Lowest Base Price                   87.00                                    
   Highest Base Price                  95.75                                    
   Weighted Average Price              94.89       95.39       95.39            
Negotiated Formula (carcass basis)
   Head Count                            430                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,162                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         19,997      13,181      18,095       1,902
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Swine/Pork Market Formula (carcass basis)
   Head Count                        136,747      78,829      95,168      38,206
   Lowest Base Price                   79.59       82.01       79.59       79.59
   Highest Base Price                  99.94       99.94       99.94       98.42
   Weighted Average Price              89.60       89.56       89.47       89.85
Other Purchase Arrangement (carcass basis)
   Head Count                         63,664      42,911      44,427      17,914
   Lowest Base Price                   82.21       82.21       82.21       83.32
   Highest Base Price                 109.16      101.46      101.46      109.16
   Weighted Average Price              90.43       90.59       90.75       89.54
Negotiated (live basis)
   Head Count                          2,304                                    
   Lowest Base Price                   63.75                                    
   Highest Base Price                  74.80                                    
   Weighted Average Price              71.80       70.26       70.26       72.19
Negotiated Formula (live basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,304                                    
   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#  -30.00 -14.62         175#   -9.58   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
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog216.01 lb carcass .76 inch back-fat 
8.06 square inch loin 2.68 inch loin depth FFLI: 51.77
 
Price Range $92.01  - $99.00  
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                5,175          Iowa                 84,680
Illinois             18,688          Indiana              13,753
Kansas                1,424          Kentucky              1,206
Maryland                159          Michigan              8,269
Minnesota            53,181          Missouri              2,804
Montana                 668          North Carolina        7,540
North Dakota            165          Nebraska             14,637
Ohio                 13,886          Oklahoma                 57
Pennsylvania          4,100          South Dakota          7,380
Tennessee               110          Wisconsin               464

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