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USDA National Daily Direct Afternoon Hog Report 04/03 14:45

USDA National Daily Direct Afternoon Hog Report 04/03 14:45

LSDLM_HG217
Des Moines, IA                             Fri, Apr 03, 2026

DAILY DIRECT AFTERNOON 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                                  3,877     3,877     4,175     3,264
 Other Market Formula                       21,126    21,126    19,205    19,199
 Swine/Pork Market Formula                 130,076   130,076   139,365   128,891
 Other Purchase Arrangement                 59,358    59,358    61,228    60,940
 Negotiated Formula                          1,095     1,095       215       165
Pack. Sold (all purchase types)             31,817    31,817    34,072    32,192
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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                          1,360                                    
   Lowest Base Price                   89.00                                    
   Highest Base Price                  91.00                                    
   Weighted Average Price              89.39       89.82       89.82            
   Change from Previous Day             -.96        -.06        -.34            
Negotiated Formula (carcass basis)
   Head Count                            880                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,240                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         20,428      10,671      18,026       2,402
   Lowest Base Price                   77.95                               77.95
   Highest Base Price                 102.30                               92.18
   Weighted Average Price              86.10                               85.24
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        152,843      80,024      93,891      53,527
   Lowest Base Price                   78.65       80.08       78.65       80.08
   Highest Base Price                  95.19       95.19       95.19       95.19
   Weighted Average Price              88.57       88.52       88.36       88.70
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         58,832      32,417      34,075      22,808
   Lowest Base Price                   79.29       80.76       80.76       79.29
   Highest Base Price                 101.41      101.41      101.41      100.60
   Weighted Average Price              88.73       88.96       89.07       87.95
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          2,271                                    
   Lowest Base Price                   58.75                                    
   Highest Base Price                  74.00                                    
   Weighted Average Price              68.32                               71.81
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            305                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,576                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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#  -30.00 -13.00         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.50   1.50         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 Hog7 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.34       
 
Price Range $91.00  - $97.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                6,552          Colorado                174
Iowa                 84,336          Idaho                   167
Illinois             18,350          Indiana              27,089
Kansas                1,370          Kentucky              1,042
Michigan              9,525          Minnesota            40,749
Missouri              3,265          Montana                 442
North Carolina        7,373          North Dakota            170
Nebraska             15,628          Ohio                 17,305
Oklahoma              1,818          Pennsylvania          5,193
South Dakota          5,672          Wisconsin             1,129

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