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

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

LSDLM_HG216
Des Moines, IA                             Fri, Apr 10, 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                                  3,297     2,047     2,905     3,468
 Other Market Formula                       16,559    16,219    14,285    30,705
 Swine/Pork Market Formula                 116,326   100,349    98,393    87,858
 Other Purchase Arrangement                 47,061    44,273    45,233    42,970
 Negotiated Formula                            210       210       375       660
Pack. Sold (all purchase types)             29,985    29,985    28,527    26,306
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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                          1,049                                    
   Lowest Base Price                   88.00                                    
   Highest Base Price                  91.00                                    
   Weighted Average Price              89.39                                    
   Change from Previous Day             -.51                                    
Negotiated Formula (carcass basis)
   Head Count                            160                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,209                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         17,064      10,718      14,753       2,311
   Lowest Base Price                   78.93                               86.42
   Highest Base Price                  92.42                               90.68
   Weighted Average Price              87.01                               90.38
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        120,011      71,580      82,782      32,237
   Lowest Base Price                   81.40       81.40       81.40       81.41
   Highest Base Price                  95.24       95.24       95.24       93.29
   Weighted Average Price              88.88       88.72       88.54       89.42
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         44,140      24,410      25,852      16,819
   Lowest Base Price                   82.06       82.07       82.07       82.06
   Highest Base Price                 107.29      101.30      101.30      107.29
   Weighted Average Price              89.57       89.68       89.79       89.04
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            843                                    
   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                            983                                    
   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#  -25.00 -13.00         175#   -4.00    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#   -1.50    .00         215#   -8.00   4.00
    165#  -25.00    .00         195#     .00   3.00         225#  -30.00   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.85       
 
Price Range $91.00  - $95.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,615          Colorado                160
Iowa                 73,219          Illinois             14,678
Indiana               5,238          Kansas                  992
Kentucky              1,318          Michigan              5,370
Minnesota            35,312          Missouri              3,091
Montana                 220          North Carolina        7,581
North Dakota            170          Nebraska             12,673
Ohio                 14,660          Oklahoma              1,902
Pennsylvania          4,974          South Dakota          2,946
Tennessee             1,980          Wisconsin               984

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