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USDA National Daily Direct Morning Hog Report 05/07 10:50

USDA National Daily Direct Morning Hog Report 05/07 10:50

LSDLM_HG216
Des Moines, IA                             Thu, May 07, 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                                  2,338     1,088     1,753     3,772
 Other Market Formula                       13,527    13,187    17,028    18,735
 Swine/Pork Market Formula                  97,478    81,963    86,950    82,779
 Other Purchase Arrangement                 45,969    42,776    40,128   210,016
 Negotiated Formula                                                215          
Pack. Sold (all purchase types)             20,819    20,819    21,142    24,851
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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                            243                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            243                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         11,353       8,599      10,833         520
   Lowest Base Price                   78.25                                    
   Highest Base Price                  94.20                                    
   Weighted Average Price              87.08                                    
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         93,884      54,204      60,017      29,737
   Lowest Base Price                   79.27       79.27       79.27       84.45
   Highest Base Price                 100.34       99.25       99.25      100.34
   Weighted Average Price              90.19       90.32       90.36       89.60
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         43,201      24,385      26,016      16,216
   Lowest Base Price                   80.28       85.24       85.24       80.28
   Highest Base Price                 103.66       97.46       97.46      103.66
   Weighted Average Price              90.01       91.31       91.26       87.92
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            630                                    
   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                            770                                    
   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                3,982          Colorado                158
Iowa                 55,205          Illinois             14,154
Indiana               4,294          Kansas                  690
Kentucky              1,481          Michigan              6,230
Minnesota            32,939          Missouri              2,737
Montana                 227          North Carolina        7,186
Nebraska              7,048          Ohio                 15,667
Oklahoma              1,432          Pennsylvania          3,972
South Dakota          2,266          Wisconsin               165

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