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USDA National Daily Direct Morning Hog Report 07/27 10:55

USDA National Daily Direct Morning Hog Report 07/27 10:55

LSDLM_HG216
Des Moines, IA                             Mon, Jul 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                                  2,448     1,198     1,600     1,476
 Other Market Formula                       21,789    20,609    13,251    19,352
 Swine/Pork Market Formula                  82,136    67,622    67,551    86,649
 Other Purchase Arrangement                 78,265    75,124    52,436    56,484
 Negotiated Formula                            630       630       155       206
Pack. Sold (all purchase types)             21,777    21,777    24,971    26,320
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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                            270                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            315                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            585                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         18,905       7,240      12,415       6,490
   Lowest Base Price                   83.50                               83.50
   Highest Base Price                 104.60                              103.85
   Weighted Average Price              98.06                               96.88
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         75,677      47,646      55,787      17,184
   Lowest Base Price                   88.00       88.00       88.00       92.07
   Highest Base Price                 104.50      104.50      104.50      102.36
   Weighted Average Price              96.66       96.20       96.34       97.52
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         76,133      55,835      57,405      18,243
   Lowest Base Price                   79.87       86.10       86.10       79.87
   Highest Base Price                 105.35      104.69      104.69      105.35
   Weighted Average Price              94.54       95.35       95.49       91.42
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            628                                    
   Lowest Base Price                   67.50                                    
   Highest Base Price                  77.25                                    
   Weighted Average Price              72.76                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            455                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,083                                    
   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                3,511          Iowa                 75,780
Illinois             15,086          Indiana               9,741
Kansas                  875          Kentucky              2,380
Michigan              2,190          Minnesota            36,653
Missouri              3,307          Montana                 428
North Carolina        7,283          Nebraska             10,896
Ohio                 10,458          Pennsylvania          2,007
South Dakota          3,315          Tennessee             2,880
Wisconsin               170          
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