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USDA National Daily Direct Hog Prior Day Report 07/14 08:05

USDA National Daily Direct Hog Prior Day Report 07/14 08:05

LM_HG218
Des Moines, IA                             Tue, Jul 14, 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                                            9,182     2,551     4,589
 Other Market Formula                                 17,877    19,722    27,161
 Swine/Pork Market Formula                           118,646   120,077   115,102
 Other Purchase Arrangement                           62,405    64,192    54,936
 Negotiated Formula                                    1,443       325       485
Pack. Sold (all purchase types)                       23,221    30,542    35,722
================================================================================
                           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        6,665      14,653     113,377      58,588       800   194,083
 Base Price        97.53       91.21       92.53       92.58               92.62
Packer Sold
 Head Count                                                               22,661
 Base Price                                                                92.56
================================================================================

                          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                          6,665                                    
   Lowest Base Price                   90.00                                    
   Highest Base Price                  99.50                                    
   Weighted Average Price              97.53       96.19       96.19            
Negotiated Formula (carcass basis)
   Head Count                            800                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          7,465                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         18,553       6,579      11,324       7,229
   Lowest Base Price                   76.83                               76.83
   Highest Base Price                 105.65                               97.88
   Weighted Average Price              91.94                               91.89
Swine/Pork Market Formula (carcass basis)
   Head Count                        128,508      79,521      95,593      29,076
   Lowest Base Price                   84.80       84.80       84.80       85.56
   Highest Base Price                 101.78      101.78      101.78      100.97
   Weighted Average Price              92.40       92.32       92.25       92.82
Other Purchase Arrangement (carcass basis)
   Head Count                         62,218      40,016      42,116      18,312
   Lowest Base Price                   84.48       84.48       84.48       85.93
   Highest Base Price                 103.69      103.69      103.69      102.03
   Weighted Average Price              92.71       93.03       93.08       91.69
Negotiated (live basis)
   Head Count                          2,044                                    
   Lowest Base Price                   68.75                                    
   Highest Base Price                  77.61                                    
   Weighted Average Price              73.66                               74.04
Negotiated Formula (live basis)
   Head Count                          1,063                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          3,107                                    
   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#   -9.80   1.00         205#     .00   3.00
    155#  -30.00  -5.00         185#     .00   1.50         215#   -8.00   3.00
    165#  -15.00    .00         195#     .00   3.00         225#  -30.00   1.00
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog218.58 lb carcass .62 inch back-fat 
8.33 square inch loin 2.77 inch loin depth FFLI: 53.92
 
Price Range $97.50  - $106.00 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                4,454          Iowa                 80,463
Illinois             19,370          Indiana              17,113
Kansas                1,130          Kentucky              2,735
Maryland                125          Michigan              7,045
Minnesota            48,144          Missouri              3,201
Montana                 639          North Carolina          160
Nebraska             14,754          Ohio                 16,114
Oklahoma              1,518          Pennsylvania          4,389
South Dakota          7,587          Tennessee             3,480
Wisconsin               353          
================================================================================

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