USDA National Daily Direct Hog Prior Day Report 04/23 07:55
04/23/2026 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 04/23 07:55
LM_HG218
Des Moines, IA Thu, Apr 23, 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
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Producer Sold
Negotiated 4,075 2,988 4,399
Other Market Formula 25,017 23,025 19,825
Swine/Pork Market Formula 123,941 127,969 121,740
Other Purchase Arrangement 59,197 60,378 216,647
Negotiated Formula 1,797 2,230 523
Pack. Sold (all purchase types) 32,190 32,362 34,908
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 2,700 20,607 119,471 56,122 1,747 200,647
Base Price 92.17 91.45 90.16 90.36 90.34
Packer Sold
Head Count 31,372
Base Price 90.44
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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 2,700
Lowest Base Price 88.00
Highest Base Price 94.00
Weighted Average Price 92.17 92.58 92.58
Negotiated Formula (carcass basis)
Head Count 1,747
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,447
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 24,567 12,407 17,392 7,175
Lowest Base Price 79.03 89.68
Highest Base Price 100.44 100.44
Weighted Average Price 92.01 94.96
Swine/Pork Market Formula (carcass basis)
Head Count 143,843 84,954 98,750 40,157
Lowest Base Price 81.81 83.45 81.81 83.84
Highest Base Price 97.17 97.17 97.17 95.27
Weighted Average Price 90.06 90.17 90.06 89.97
Other Purchase Arrangement (carcass basis)
Head Count 59,162 39,283 40,863 16,689
Lowest Base Price 82.06 84.50 84.50 82.06
Highest Base Price 102.33 101.51 101.51 102.33
Weighted Average Price 90.42 90.70 90.81 89.16
Negotiated (live basis)
Head Count 1,184
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,324
Lowest Base Price
Highest Base Price
Weighted Average Price
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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)
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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 Hog217.42 lb carcass .65 inch back-fat
8.21 square inch loin 2.73 inch loin depth FFLI: 53.44
Price Range $93.00 - $98.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,322 Colorado 160
Iowa 94,013 Illinois 19,253
Indiana 13,588 Kansas 1,155
Kentucky 1,585 Michigan 8,493
Minnesota 46,082 Missouri 3,377
North Carolina 7,141 Nebraska 12,878
Ohio 15,447 Oklahoma 1,773
Pennsylvania 4,305 South Dakota 6,370
Tennessee 3,630 Wisconsin 645
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