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USDA National Daily Direct Hog Prior Day Report 04/08 07:50

USDA National Daily Direct Hog Prior Day Report 04/08 07:50

LM_HG218
Des Moines, IA                             Wed, Apr 08, 2026

DAILY DIRECT PRIOR DAY HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                                      Actual    Actual    Actual
                                                       Today  Week Ago  Year Ago
                                                      --------------------------
Producer Sold
 Negotiated                                            6,463     7,356    12,537
 Other Market Formula                                 20,158    19,558    22,814
 Swine/Pork Market Formula                           130,397   131,477   127,707
 Other Purchase Arrangement                           60,725    59,171   161,041
 Negotiated Formula                                      424       265          
Pack. Sold (all purchase types)                       32,382    33,255    36,136
================================================================================
                           Other         Swine
                           Market       or Pork       Other
                           Formula       Market     Purchase  Negotiated Totals/
              Negotiated  (FUT/OPT)**    Formula    Arrgment   Formula   Wtd Avg
              ------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
 Head Count        4,641      17,229     124,934      57,211       260   204,275
 Base Price        90.84       88.90       89.24       89.29               89.25
Packer Sold
 Head Count                                                               31,864
 Base Price                                                                89.24
================================================================================

                          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                          4,641                                    
   Lowest Base Price                   89.00                                    
   Highest Base Price                  92.00                                    
   Weighted Average Price              90.84       91.46       91.39            
Negotiated Formula (carcass basis)
   Head Count                            260                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          4,901                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         20,688      11,372      15,718       4,970
   Lowest Base Price                   82.35                               83.46
   Highest Base Price                 109.00                              109.00
   Weighted Average Price              89.23                               94.31
Swine/Pork Market Formula (carcass basis)
   Head Count                        148,187      86,506     100,194      42,565
   Lowest Base Price                   83.19       83.19       83.19       83.54
   Highest Base Price                  95.86       95.86       95.86       94.07
   Weighted Average Price              89.15       89.00       88.95       89.45
Other Purchase Arrangement (carcass basis)
   Head Count                         62,363      39,672      41,182      19,275
   Lowest Base Price                   78.61       84.23       84.23       78.61
   Highest Base Price                 101.32       98.02       98.02      101.32
   Weighted Average Price              89.40       89.46       89.51       88.93
Negotiated (live basis)
   Head Count                          1,557                                    
   Lowest Base Price                   62.25                                    
   Highest Base Price                  73.00                                    
   Weighted Average Price              70.65                               71.58
Negotiated Formula (live basis)
   Head Count                            304                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,861                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
================================================================================
                NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 - 
2.7 inches)
 
================================================================================
                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -25.00 -13.00         175#   -9.20    .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
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog215.08 lb carcass .74 inch back-fat 
7.91 square inch loin 2.63 inch loin depth FFLI: 51.98
 
Price Range $91.00  - $98.00  
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
California               12          Canada                5,973
Iowa                 91,484          Idaho                   167
Illinois             22,670          Indiana              15,654
Kansas                1,144          Kentucky              1,414
Michigan              6,970          Minnesota            49,727
Missouri              2,247          North Carolina        7,380
North Dakota            520          Nebraska             13,640
Ohio                 17,273          Oklahoma              1,982
Pennsylvania          4,855          South Dakota          6,307
Wisconsin             1,130          
================================================================================

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