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USDA National Daily Direct Morning Hog Report 04/08 10:45

USDA National Daily Direct Morning Hog Report 04/08 10:45

LSDLM_HG216
Des Moines, IA                             Wed, Apr 08, 2026

DAILY DIRECT MORNING HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                         Estimated    Actual    Actual    Actual
                                             Today     Today  Week Ago  Year Ago
Producer Sold
 Negotiated                                  3,430     2,150     3,963     2,347
 Other Market Formula                       27,027    26,215    17,123    21,832
 Swine/Pork Market Formula                 104,072    88,079   103,973    89,829
 Other Purchase Arrangement                 48,313    45,690    47,147    51,390
 Negotiated Formula                            100       100        50       165
Pack. Sold (all purchase types)             24,120    24,120    30,667    23,968
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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                            880                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            100                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            980                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         24,665       7,102      10,312      14,353
   Lowest Base Price                   82.35                               84.77
   Highest Base Price                  93.50                               93.50
   Weighted Average Price              88.18                               89.00
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        101,045      59,136      65,991      30,276
   Lowest Base Price                   81.68       82.28       81.68       83.17
   Highest Base Price                  95.86       95.86       95.86       94.07
   Weighted Average Price              89.99       89.89       89.94       90.01
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         47,077      27,239      28,044      17,574
   Lowest Base Price                   78.61       83.68       83.68       78.61
   Highest Base Price                 101.32       98.02       98.02      101.32
   Weighted Average Price              90.27       90.81       90.89       89.22
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,168                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            140                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,308                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY 
DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
       based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
 
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                          CARCASS WEIGHT DIFFERENTIALS
   
    145#                        175#                        205#               
    155#                        185#                        215#               
    165#                        195#                        225#               
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,621          Iowa                 59,975
Idaho                   168          Illinois             18,607
Indiana               8,265          Kansas                  695
Kentucky              1,022          Michigan              4,320
Minnesota            35,259          Missouri              2,204
North Carolina        7,380          North Dakota            340
Nebraska              8,717          Ohio                 25,088
Oklahoma              1,908          Pennsylvania          4,854
South Dakota          2,276          Wisconsin               655

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