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USDA National Daily Direct Morning Hog Report 07/14 10:45

USDA National Daily Direct Morning Hog Report 07/14 10:45

LSDLM_HG216
Des Moines, IA                             Tue, Jul 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                                  6,984     5,734     2,305     5,243
 Other Market Formula                       18,023    17,647    13,335    24,541
 Swine/Pork Market Formula                  93,163    78,847    74,428    78,320
 Other Purchase Arrangement                 53,516    50,914    43,013   222,989
 Negotiated Formula                          1,451     1,451       325       485
Pack. Sold (all purchase types)             15,959    15,959    18,296    24,904
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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                          4,100                                    
   Lowest Base Price                   96.00                                    
   Highest Base Price                 100.00                                    
   Weighted Average Price              96.87       98.20       98.20            
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            640                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          4,740                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         17,550       8,271      11,846       5,704
   Lowest Base Price                   80.00                               80.00
   Highest Base Price                  98.90                               98.90
   Weighted Average Price              91.68                               93.37
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         84,149      54,213      61,435      19,436
   Lowest Base Price                   84.20       84.80       84.20       89.36
   Highest Base Price                 101.78      101.78      101.78      100.03
   Weighted Average Price              93.62       93.40       93.55       93.88
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         51,213      33,186      34,466      15,310
   Lowest Base Price                   85.93       86.14       86.14       85.93
   Highest Base Price                 103.69      103.69      103.69      102.03
   Weighted Average Price              93.31       93.91       93.98       91.62
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,492                                    
   Lowest Base Price                   68.75                                    
   Highest Base Price                  77.61                                    
   Weighted Average Price              73.20                               73.27
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            951                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,443                                    
   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  -1.35         205#     .00   4.00
    155#  -25.00  -9.00         185#   -1.50    .00         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog8 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.92       
 
Price Range $100.00 - $104.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,759          Iowa                 65,830
Idaho                   167          Illinois             14,286
Indiana               8,481          Kansas                  780
Kentucky              1,976          Maryland                125
Michigan              5,811          Minnesota            31,940
Missouri              2,696          North Carolina          160
Nebraska              9,029          Ohio                 12,948
Oklahoma              1,518          Pennsylvania          4,911
South Dakota          2,610          Tennessee             3,360
Wisconsin               165          
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