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USDA National Daily Direct Afternoon Hog Report 04/28 14:55

USDA National Daily Direct Afternoon Hog Report 04/28 14:55

LSDLM_HG217
Des Moines, IA                             Tue, Apr 28, 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                                  4,092     4,092     6,875     8,041
 Other Market Formula                       22,526    22,526    20,371    63,698
 Swine/Pork Market Formula                 111,449   111,449   125,045   120,561
 Other Purchase Arrangement                186,587   186,587    68,554    59,302
 Negotiated Formula                            165       165       210       513
Pack. Sold (all purchase types)             22,020    22,020    31,682    29,583
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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                          2,275                                    
   Lowest Base Price                   89.00                                    
   Highest Base Price                  95.00                                    
   Weighted Average Price              92.56       93.40       92.77            
   Change from Previous Day             2.32        3.15        2.52            
Negotiated Formula (carcass basis)
   Head Count                            165                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,440                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         20,730       9,895      13,130       7,600
   Lowest Base Price                   79.75                               91.08
   Highest Base Price                 102.73                              101.70
   Weighted Average Price              92.84                               96.38
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        123,593      68,012      82,433      36,908
   Lowest Base Price                   81.52       81.52       81.52       82.97
   Highest Base Price                  95.44       95.44       95.44       94.26
   Weighted Average Price              90.62       90.39       90.39       90.99
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                        186,992     162,130     163,960      21,079
   Lowest Base Price                   82.06       84.09       84.09       82.06
   Highest Base Price                 102.93      102.44      102.44      102.93
   Weighted Average Price              89.14       88.98       89.03       89.63
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,535                                    
   Lowest Base Price                   63.00                                    
   Highest Base Price                  73.50                                    
   Weighted Average Price              72.15                                    
   Change from Previous Day             1.41                                    
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                          1,675                                    
   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#  -25.00 -13.00         175#   -9.33    .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: 52.80       
 
Price Range $92.71  - $99.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,435          Iowa                199,525
Illinois             17,908          Indiana               9,587
Kansas                1,684          Kentucky              3,115
Maryland                160          Michigan              7,513
Minnesota            43,925          Missouri              4,049
Montana                 220          North Carolina        7,010
Nebraska              9,572          Ohio                 16,984
Oklahoma              1,955          Pennsylvania          7,824
South Dakota          7,679          Tennessee             2,475
Wisconsin               160          
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