USDA National Daily Direct Afternoon Hog Report 05/20 14:55
05/20/2026 | 2:55 pm CDT USDA National Daily Direct Afternoon Hog Report 05/20 14:55
LSDLM_HG217
Des Moines, IA Wed, May 20, 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 3,803 3,803 6,252 7,279
Other Market Formula 15,704 15,704 22,127 56,688
Swine/Pork Market Formula 126,688 126,688 129,421 123,235
Other Purchase Arrangement 59,985 59,985 65,626 64,327
Negotiated Formula 1,040 1,040 330 320
Pack. Sold (all purchase types) 28,911 28,911 31,007 37,043
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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 2,539
Lowest Base Price 88.00
Highest Base Price 95.00
Weighted Average Price 93.76 94.72 94.17
Change from Previous Day -1.11 -.20 -.76
Negotiated Formula (carcass basis)
Head Count 960
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,499
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 16,626 8,876 13,806 2,820
Lowest Base Price 88.81 90.86
Highest Base Price 104.66 104.66
Weighted Average Price 94.91 96.83
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 142,831 78,006 94,404 42,395
Lowest Base Price 80.05 80.05 80.05 80.33
Highest Base Price 98.93 98.93 98.93 97.87
Weighted Average Price 89.54 89.25 89.28 89.97
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 60,903 34,219 36,159 22,304
Lowest Base Price 82.08 82.08 82.08 82.51
Highest Base Price 109.16 101.50 101.50 109.16
Weighted Average Price 90.11 90.76 90.88 88.66
Change from Previous Day
Negotiated (live basis)
Head Count 1,065
Lowest Base Price 61.25
Highest Base Price 73.77
Weighted Average Price 70.03 71.22 70.66
Change from Previous Day -.83 .64
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 1,205
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# -9.50 1.00 205# .00 4.00
155# -30.00 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.00
Price Range $92.00 - $99.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 8,003 Iowa 77,326
Illinois 17,359 Indiana 13,872
Kansas 1,026 Kentucky 875
Michigan 9,013 Minnesota 47,510
Missouri 2,500 North Carolina 7,293
North Dakota 656 Nebraska 14,932
Ohio 19,692 Oklahoma 1,703
Pennsylvania 5,761 South Dakota 7,671
Wisconsin 779 Wyoming 160
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