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USDA National Daily Direct Hog Prior Day Report 07/08 07:50

USDA National Daily Direct Hog Prior Day Report 07/08 07:50

LM_HG218
Des Moines, IA                             Wed, Jul 08, 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                                            9,734    11,338     9,153
 Other Market Formula                                 17,067    16,807    27,993
 Swine/Pork Market Formula                           123,649   127,841   114,228
 Other Purchase Arrangement                          202,612    59,252    58,159
 Negotiated Formula                                      808       627       816
Pack. Sold (all purchase types)                       30,604    32,151    29,519
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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        8,835      13,446     118,377     198,812       648   340,118
 Base Price        96.66                   90.51       90.48               90.69
Packer Sold
 Head Count                                                               30,035
 Base Price                                                                90.81
================================================================================

                          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                          8,835                                    
   Lowest Base Price                   94.75                                    
   Highest Base Price                  98.00                                    
   Weighted Average Price              96.66       96.86       96.88            
Negotiated Formula (carcass basis)
   Head Count                            648                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          9,483                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         17,446       9,382      14,373       3,073
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Swine/Pork Market Formula (carcass basis)
   Head Count                        140,419      82,748     100,037      35,179
   Lowest Base Price                   79.81       80.75       80.75       79.81
   Highest Base Price                 101.14      101.14      101.14       99.42
   Weighted Average Price              90.44       90.33       90.30       90.65
Other Purchase Arrangement (carcass basis)
   Head Count                        202,805     180,335     182,275      19,076
   Lowest Base Price                   81.44       81.44       81.44       81.96
   Highest Base Price                 109.52      104.67      109.52      102.03
   Weighted Average Price              90.51       90.57       90.62       89.42
Negotiated (live basis)
   Head Count                            601                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (live basis)
   Head Count                            300                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            901                                    
   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 -13.00         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00  -9.00         185#   -1.50   1.50         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   2.00
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog213.01 lb carcass .69 inch back-fat 
8.06 square inch loin 2.68 inch loin depth FFLI: 52.81
 
Price Range $97.75  - $102.50 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
California               25          Canada                5,374
Iowa                228,941          Illinois             19,552
Indiana              12,896          Kansas                1,554
Kentucky              1,794          Michigan              6,320
Minnesota            52,511          Missouri              4,386
North Carolina        6,608          North Dakota            170
Nebraska             14,755          Ohio                 14,265
Oklahoma              1,909          Pennsylvania          4,488
South Dakota          8,272          Wisconsin               654

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