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USDA National Daily Direct Hog Prior Day Report 04/27 07:55

USDA National Daily Direct Hog Prior Day Report 04/27 07:55

LM_HG218
Des Moines, IA                             Mon, Apr 27, 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                                            3,137     3,457     4,482
 Other Market Formula                                 33,006    32,686    29,704
 Swine/Pork Market Formula                           133,300   147,454   163,730
 Other Purchase Arrangement                          174,917   314,606   136,099
 Negotiated Formula                                      460     1,327       430
Pack. Sold (all purchase types)                       35,543    40,203    41,104
================================================================================
                           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        1,611      30,434     129,099     171,326       260   332,730
 Base Price        90.37       88.09       89.74       86.98               88.17
Packer Sold
 Head Count                                                               35,042
 Base Price                                                                91.09
================================================================================

                          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                          1,611                                    
   Lowest Base Price                   88.00                                    
   Highest Base Price                  92.00                                    
   Weighted Average Price              90.37       90.44       90.35            
Negotiated Formula (carcass basis)
   Head Count                            260                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,871                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         34,814      15,629      21,724      13,090
   Lowest Base Price                   78.23                               82.30
   Highest Base Price                 102.00                              102.00
   Weighted Average Price              88.92                               86.95
Swine/Pork Market Formula (carcass basis)
   Head Count                        152,350      93,676     109,656      38,031
   Lowest Base Price                   80.51       80.51       80.51       82.32
   Highest Base Price                  95.27       95.27       95.27       95.22
   Weighted Average Price              89.80       89.60       89.50       90.46
Other Purchase Arrangement (carcass basis)
   Head Count                        178,737     153,471     156,337      20,293
   Lowest Base Price                   81.41       82.94       82.94       81.41
   Highest Base Price                 106.66      103.51      103.63      106.66
   Weighted Average Price              87.19       86.89       87.02       87.91
Negotiated (live basis)
   Head Count                            868                                    
   Lowest Base Price                   64.25                                    
   Highest Base Price                  73.00                                    
   Weighted Average Price              70.87                                    
Negotiated Formula (live basis)
   Head Count                            290                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,158                                    
   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#  -30.00 -13.00         175#   -9.10   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
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog216.27 lb carcass .67 inch back-fat 
8.15 square inch loin 2.71 inch loin depth FFLI: 53.13
 
Price Range $91.00  - $96.00  
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                5,933          Iowa                213,826
Illinois             15,013          Indiana              25,546
Kansas                1,406          Kentucky              2,197
Michigan              6,829          Minnesota            51,764
Missouri              4,431          Montana                 220
North Carolina        6,808          North Dakota            175
Nebraska             14,954          Ohio                 13,476
Oklahoma              1,430          Pennsylvania          4,569
South Dakota          7,821          Tennessee             3,795
Wisconsin               170          
================================================================================

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