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USDA National Daily Direct Morning Hog Report 04/29 11:00

USDA National Daily Direct Morning Hog Report 04/29 11:00

LSDLM_HG216
Des Moines, IA                             Wed, Apr 29, 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                                  5,683     5,183     2,391     4,388
 Other Market Formula                       19,331    18,991    19,400    23,959
 Swine/Pork Market Formula                 113,566   100,379    82,571    86,271
 Other Purchase Arrangement                 59,012    55,919    42,714    53,044
 Negotiated Formula                          1,065     1,065       132       170
Pack. Sold (all purchase types)             29,464    29,464    18,211    22,555
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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                          3,585                                    
   Lowest Base Price                   87.00                                    
   Highest Base Price                  96.00                                    
   Weighted Average Price              92.87                   93.29            
   Change from Previous Day              .62                     .61            
Negotiated Formula (carcass basis)
   Head Count                          1,015                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          4,600                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         18,563      10,128      14,243       4,320
   Lowest Base Price                   79.57                               89.15
   Highest Base Price                  96.90                               96.90
   Weighted Average Price              90.84                               93.64
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        118,599      68,814      80,335      33,655
   Lowest Base Price                   80.97       81.52       81.52       80.97
   Highest Base Price                  97.27       97.27       97.27       95.56
   Weighted Average Price              89.89       89.62       89.56       90.38
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         57,460      36,587      38,257      17,742
   Lowest Base Price                   82.06       84.39       84.39       82.06
   Highest Base Price                 102.26      102.26      102.26      102.22
   Weighted Average Price              90.48       90.84       90.92       89.34
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,389                                    
   Lowest Base Price                   57.75                                    
   Highest Base Price                  72.00                                    
   Weighted Average Price              68.38                                    
   Change from Previous Day            -3.41                                    
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                          1,529                                    
   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#  -26.00 -13.00         175#   -9.20  -1.35         205#     .00   4.00
    155#  -26.00 -10.00         185#   -1.50    .00         215#     .00   4.00
    165#  -26.00  -3.37         195#     .00   3.00         225#   -1.33   3.50
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog7 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.87       
 
Price Range $91.00  - $100.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,635          Iowa                 78,989
Illinois             15,767          Indiana              11,706
Kansas                1,520          Kentucky              2,408
Michigan              5,775          Minnesota            40,154
Missouri              2,695          North Carolina        6,699
North Dakota            170          Nebraska             12,815
New York                170          Ohio                 12,772
Oklahoma              1,904          Pennsylvania          4,678
South Dakota          4,179          Tennessee             2,310
Wisconsin               655          
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