USDA National Daily Direct Morning Hog Report 05/27 10:55
05/27/2026 | 10:55 am CDT USDA National Daily Direct Morning Hog Report 05/27 10:55
LSDLM_HG216
Des Moines, IA Wed, May 27, 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 5,892 4,642 3,359 3,618
Other Market Formula 20,683 20,343 11,824 25,686
Swine/Pork Market Formula 109,855 96,477 81,778 95,114
Other Purchase Arrangement 49,658 46,393 43,305 47,175
Negotiated Formula 80 80 80 320
Pack. Sold (all purchase types) 29,014 29,014 19,593 30,276
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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 2,931
Lowest Base Price 88.00
Highest Base Price 95.00
Weighted Average Price 94.50
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 2,931
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 19,110 11,638 14,593 4,517
Lowest Base Price 86.99 86.99
Highest Base Price 106.22 106.22
Weighted Average Price 93.39 95.96
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 115,366 68,067 79,819 30,514
Lowest Base Price 80.76 80.76 80.76 80.76
Highest Base Price 97.58 96.48 96.48 97.58
Weighted Average Price 89.95 89.66 89.48 90.93
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 46,942 28,314 29,923 16,059
Lowest Base Price 81.42 81.42 81.42 83.32
Highest Base Price 109.16 103.68 103.68 109.16
Weighted Average Price 91.27 91.80 92.04 89.73
Change from Previous Day
Negotiated (live basis)
Head Count 1,444
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 1,584
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 Hog1 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.34
Price Range $94.39 - $99.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,200 Iowa 73,067
Illinois 16,562 Indiana 5,318
Kansas 1,846 Kentucky 2,104
Michigan 5,185 Minnesota 39,211
Missouri 1,939 Montana 230
North Carolina 7,281 North Dakota 170
Nebraska 11,031 Ohio 13,604
Oklahoma 1,830 Pennsylvania 5,017
South Carolina 150 South Dakota 4,564
Tennessee 1,980 Wisconsin 660
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