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USDA National Daily Direct Morning Hog Report 05/22 10:55

USDA National Daily Direct Morning Hog Report 05/22 10:55

LSDLM_HG216
Des Moines, IA                             Fri, May 22, 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                                  3,352     2,102     2,588     2,464
 Other Market Formula                       16,616    16,276    20,713    20,362
 Swine/Pork Market Formula                  95,276    89,761    80,108    74,073
 Other Purchase Arrangement                 45,777    42,990    41,146    41,977
 Negotiated Formula                            295       295       165       325
Pack. Sold (all purchase types)             27,397    25,611    19,633    26,943
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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                            512                                    
   Lowest Base Price                   91.50                                    
   Highest Base Price                  95.00                                    
   Weighted Average Price              92.79                                    
   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                            512                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         15,694      11,692      14,207       1,487
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        107,304      62,683      71,370      31,149
   Lowest Base Price                   79.97       79.97       79.97       79.97
   Highest Base Price                  98.61       98.61       98.61       98.61
   Weighted Average Price              89.23       89.19       89.04       89.32
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         42,430      25,225      27,005      14,781
   Lowest Base Price                   80.64       80.64       80.64       81.93
   Highest Base Price                 103.95      102.00      102.00      103.95
   Weighted Average Price              89.68       90.05       90.27       88.49
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,179                                    
   Lowest Base Price                   61.50                                    
   Highest Base Price                  74.05                                    
   Weighted Average Price              69.09                               71.57
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            355                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,534                                    
   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#  -25.00 -13.00         175#   -4.00    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#   -1.50    .00         215#   -8.00   4.00
    165#  -25.00    .00         195#     .00   3.00         225#  -30.00   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog9 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.10       
 
Price Range $94.39  - $96.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,679          Colorado                160
Iowa                 69,963          Illinois             17,155
Indiana               6,959          Kansas                1,659
Kentucky                525          Michigan              4,400
Minnesota            31,279          Missouri              1,927
Montana                 228          North Carolina        7,061
North Dakota            170          Nebraska              9,675
Ohio                 12,048          Oklahoma              1,735
Pennsylvania          4,887          South Dakota          2,355
Wisconsin               170          
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