USDA National Daily Direct Afternoon Hog Report 05/11 14:50
05/11/2026 | 2:50 pm CDT USDA National Daily Direct Afternoon Hog Report 05/11 14:50
LSDLM_HG217
Des Moines, IA Mon, May 11, 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 1,857 1,857 3,288 5,143
Other Market Formula 24,981 24,981 20,488 52,645
Swine/Pork Market Formula 137,712 137,712 136,561 134,573
Other Purchase Arrangement 131,869 131,869 102,669 108,589
Negotiated Formula 480 480 810 167
Pack. Sold (all purchase types) 40,357 40,357 36,056 45,775
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Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
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Negotiated (carcass basis)
Head Count 525
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 685
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 28,064 13,542 22,764 5,300
Lowest Base Price 77.90 86.45
Highest Base Price 103.72 102.18
Weighted Average Price 89.31 93.98
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 161,242 97,683 116,025 40,550
Lowest Base Price 79.20 80.10 79.20 80.10
Highest Base Price 97.75 97.75 97.75 96.27
Weighted Average Price 88.78 88.57 88.39 89.62
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 135,292 106,664 108,919 24,564
Lowest Base Price 80.71 80.71 80.71 81.69
Highest Base Price 108.79 98.45 98.45 108.79
Weighted Average Price 88.34 88.19 88.27 88.46
Change from Previous Day
Negotiated (live basis)
Head Count 1,170
Lowest Base Price 59.00
Highest Base Price 73.00
Weighted Average Price 68.56
Change from Previous Day -1.04
Negotiated Formula (live basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,490
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# 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 4,770 Iowa 162,411
Illinois 17,591 Indiana 15,763
Kansas 2,249 Kentucky 3,478
Michigan 8,899 Minnesota 57,099
Missouri 2,757 Montana 670
North Carolina 6,839 North Dakota 336
Nebraska 20,633 Ohio 16,475
Oklahoma 1,590 Pennsylvania 6,643
South Dakota 6,688 Tennessee 2,100
Wisconsin 265
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