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USDA National Daily Direct Morning Hog Report 05/18 10:55

USDA National Daily Direct Morning Hog Report 05/18 10:55

LSDLM_HG216
Des Moines, IA                             Mon, May 18, 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                                  2,712     1,462       918     1,468
 Other Market Formula                       21,389    20,765    23,807    24,812
 Swine/Pork Market Formula                 110,463    98,991    91,372    86,585
 Other Purchase Arrangement                 92,070    88,783   111,213    70,513
 Negotiated Formula                            125       125       480       170
Pack. Sold (all purchase types)             32,169    32,169    29,709    38,042
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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                            187                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            125                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            312                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         21,114      15,328      19,648       1,466
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        118,711      67,902      78,091      36,316
   Lowest Base Price                   79.59       81.05       79.59       81.05
   Highest Base Price                  96.15       96.15       96.15       94.95
   Weighted Average Price              88.75       88.38       88.27       89.53
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         89,945      65,308      67,383      21,574
   Lowest Base Price                   81.72       81.72       81.72       81.79
   Highest Base Price                 108.79       97.75      100.50      108.79
   Weighted Average Price              89.54       89.81       89.92       88.27
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,174                                    
   Lowest Base Price                   61.00                                    
   Highest Base Price                  73.00                                    
   Weighted Average Price              69.88                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,174                                    
   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                4,048          Iowa                102,643
Illinois             15,880          Indiana              15,084
Kansas                  695          Kentucky              1,399
Michigan              7,245          Minnesota            47,298
Missouri              3,234          Montana                 670
North Carolina        7,275          Nebraska             11,739
New York                170          Ohio                 15,441
Oklahoma              1,580          Pennsylvania          4,134
South Dakota          3,315          Tennessee               110
Wisconsin               335          
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