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USDA National Daily Direct Morning Hog Report 04/21 10:50

USDA National Daily Direct Morning Hog Report 04/21 10:50

LSDLM_HG216
Des Moines, IA                             Tue, Apr 21, 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                                  4,641     4,141     3,743     2,195
 Other Market Formula                       17,610    17,270    16,098    16,065
 Swine/Pork Market Formula                  95,017    79,450    96,584    85,742
 Other Purchase Arrangement                 50,146    47,306    50,537    54,749
 Negotiated Formula                            210       210       922       180
Pack. Sold (all purchase types)             18,467    18,467    31,138    19,867
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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                          2,415                                    
   Lowest Base Price                   88.00                                    
   Highest Base Price                  93.00                                    
   Weighted Average Price              91.73                   92.40            
   Change from Previous Day                                                     
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                          2,575                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         13,048      10,120      11,695       1,353
   Lowest Base Price                   79.79                               92.91
   Highest Base Price                  96.77                               96.77
   Weighted Average Price              89.73                               95.36
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         90,470      52,307      59,046      27,788
   Lowest Base Price                   80.31       82.76       82.76       80.31
   Highest Base Price                  96.90       95.40       96.90       95.46
   Weighted Average Price              91.13       91.12       91.17       91.00
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         46,945      27,011      30,074      15,569
   Lowest Base Price                   82.06       83.41       83.41       82.06
   Highest Base Price                 102.48      101.51      101.51      102.48
   Weighted Average Price              91.90       92.43       92.68       90.35
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,333                                    
   Lowest Base Price                   69.00                                    
   Highest Base Price                  73.00                                    
   Weighted Average Price              71.91       71.30       71.30            
   Change from Previous Day             2.26                                    
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                          1,473                                    
   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  -1.35         205#     .00   4.00
    155#  -25.00 -10.00         185#   -1.50    .00         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   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: 53.71       
 
Price Range $93.00  - $96.50  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,298          Iowa                 55,411
Illinois             16,252          Indiana               3,925
Kansas                1,370          Kentucky              1,134
Maryland                160          Michigan              6,284
Minnesota            37,527          Missouri              3,444
Montana                 228          North Carolina        7,257
Nebraska              6,327          Ohio                 13,318
Oklahoma              1,556          Pennsylvania          4,646
South Dakota          3,565          Wisconsin               142

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