USDA National Daily Direct Morning Hog Report 05/20 10:55
05/20/2026 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 05/20 10:55
LSDLM_HG216
Des Moines, IA Wed, May 20, 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 3,709 3,359 3,459 4,972
Other Market Formula 12,164 11,824 16,410 21,477
Swine/Pork Market Formula 96,602 81,778 93,780 78,069
Other Purchase Arrangement 46,412 43,305 51,120 55,506
Negotiated Formula 80 80 320
Pack. Sold (all purchase types) 19,593 19,593 28,476 27,141
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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 2,204
Lowest Base Price 88.00
Highest Base Price 95.00
Weighted Average Price 93.62 94.67 94.08
Change from Previous Day -.73
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 2,204
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 9,351 7,876 8,206 1,145
Lowest Base Price 88.81
Highest Base Price 104.33
Weighted Average Price 93.53
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 92,934 51,686 59,964 27,890
Lowest Base Price 80.05 80.05 80.05 80.33
Highest Base Price 98.93 98.93 98.93 97.87
Weighted Average Price 90.43 90.22 90.36 90.45
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 44,055 23,909 25,509 16,932
Lowest Base Price 82.51 83.89 83.89 82.51
Highest Base Price 109.16 101.50 101.50 109.16
Weighted Average Price 91.65 93.15 93.22 89.23
Change from Previous Day
Negotiated (live basis)
Head Count 1,065
Lowest Base Price 61.25
Highest Base Price 73.77
Weighted Average Price 70.03 71.22 70.66
Change from Previous Day -1.06 .64
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 1,205
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# -30.00 -13.00 175# -9.50 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.00
Price Range $92.00 - $99.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,430 Iowa 51,572
Illinois 15,150 Indiana 5,564
Kansas 691 Kentucky 875
Michigan 4,648 Minnesota 34,967
Missouri 2,500 North Carolina 7,293
North Dakota 491 Nebraska 6,583
Ohio 13,782 Oklahoma 1,699
Pennsylvania 4,674 South Dakota 3,246
Wisconsin 614 Wyoming 160
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