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USDA National Daily Direct Morning Hog Report 08/26 10:45

USDA National Daily Direct Morning Hog Report 08/26 10:45

LSDLM_HG216
Des Moines, IA                             Wed, Aug 26, 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                                  8,180     7,680     4,433     3,454
 Other Market Formula                        9,138     8,798    11,210    28,874
 Swine/Pork Market Formula                  92,892    77,880    80,097    86,465
 Other Purchase Arrangement                 34,693    33,089    38,022    52,024
 Negotiated Formula                          1,273     1,158       320       335
Pack. Sold (all purchase types)             19,661    19,661    18,399    25,129
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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                          8,483                                    
   Lowest Base Price                   83.00                                    
   Highest Base Price                  91.50                                    
   Weighted Average Price              90.88       90.86       90.89            
   Change from Previous Day              .27         .30         .33            
Negotiated Formula (carcass basis)
   Head Count                            832                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          9,315                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                          5,333         809       1,664       3,669
   Lowest Base Price                   78.20                   78.20            
   Highest Base Price                  99.12                   88.92            
   Weighted Average Price              85.18                   82.92            
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         88,371      52,518      60,613      24,169
   Lowest Base Price                   84.18       84.18       84.18       86.12
   Highest Base Price                  96.86       96.86       96.86       95.65
   Weighted Average Price              90.93       90.60       90.70       91.06
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         33,373      20,457      22,077       9,685
   Lowest Base Price                   78.95       78.95       78.95       83.34
   Highest Base Price                 109.61      103.86      103.86      109.61
   Weighted Average Price              91.36       91.73       91.51       90.91
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            734                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            466                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,200                                    
   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#   -9.10    .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 Hog2 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.23       
 
Price Range $90.00  - $92.82  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,343          Iowa                 47,564
Illinois             16,254          Indiana               4,660
Kansas                  670          Kentucky              1,530
Michigan              3,310          Minnesota            35,484
Missouri              2,918          North Carolina        7,174
North Dakota            170          Nebraska              7,112
Ohio                  8,183          Oklahoma                905
Pennsylvania          1,348          South Dakota          4,226
Tennessee             2,080          Wisconsin               335

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