USDA National Daily Direct Morning Hog Report 05/14 10:45
05/14/2026 | 10:45 am CDT USDA National Daily Direct Morning Hog Report 05/14 10:45
LSDLM_HG216
Des Moines, IA Thu, May 14, 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 1,406 906 1,088 976
Other Market Formula 19,473 18,725 13,187 27,626
Swine/Pork Market Formula 114,767 99,160 81,963 83,602
Other Purchase Arrangement 50,108 46,303 42,776 46,505
Negotiated Formula 1,015 1,015 165
Pack. Sold (all purchase types) 28,609 28,609 20,819 21,849
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Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
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Negotiated (carcass basis)
Head Count 265
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 1,280
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 19,312 7,400 11,745 7,567
Lowest Base Price 84.40 84.51
Highest Base Price 98.10 97.36
Weighted Average Price 91.05 93.54
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 116,970 71,364 80,709 31,507
Lowest Base Price 80.02 80.02 80.02 80.02
Highest Base Price 101.78 99.86 99.86 101.78
Weighted Average Price 89.30 89.11 88.99 89.79
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 46,533 28,359 29,309 15,959
Lowest Base Price 80.71 80.71 80.71 81.57
Highest Base Price 103.69 101.48 101.48 103.69
Weighted Average Price 89.23 89.69 89.75 88.05
Change from Previous Day
Negotiated (live basis)
Head Count 641
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 781
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 6,157 Colorado 159
Iowa 70,259 Idaho 167
Illinois 14,673 Indiana 5,578
Kansas 680 Kentucky 3,241
Michigan 6,389 Minnesota 38,717
Missouri 2,241 North Carolina 7,201
Nebraska 12,705 New York 170
Ohio 17,017 Oklahoma 1,730
Pennsylvania 4,059 South Dakota 1,765
Tennessee 1,485 Wisconsin 325
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