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USDA National Daily Direct Hog Prior Day Report 04/29 08:00

USDA National Daily Direct Hog Prior Day Report 04/29 08:00

LM_HG218
Des Moines, IA                             Wed, Apr 29, 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                                            7,096     6,758     8,919
 Other Market Formula                                 23,549    20,299    67,837
 Swine/Pork Market Formula                           125,962   123,534   124,226
 Other Purchase Arrangement                          187,763    58,802    57,794
 Negotiated Formula                                      325        50       170
Pack. Sold (all purchase types)                       31,468    31,185    30,061
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                           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        4,625      20,579     120,979     184,347       165   330,695
 Base Price        93.00       92.11       90.04       88.91               89.58
Packer Sold
 Head Count                                                               30,777
 Base Price                                                                90.74
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                          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                          4,625                                    
   Lowest Base Price                   89.00                                    
   Highest Base Price                  96.00                                    
   Weighted Average Price              93.00       94.23       93.47            
Negotiated Formula (carcass basis)
   Head Count                            165                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          4,790                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         24,479      10,466      16,082       8,397
   Lowest Base Price                   79.57                               89.15
   Highest Base Price                 102.73                              101.70
   Weighted Average Price              92.82                               96.11
Swine/Pork Market Formula (carcass basis)
   Head Count                        143,726      82,776      99,617      39,177
   Lowest Base Price                   81.52       81.52       81.52       82.97
   Highest Base Price                  97.27       97.27       97.27       95.56
   Weighted Average Price              89.96       89.74       89.70       90.39
Other Purchase Arrangement (carcass basis)
   Head Count                        188,477     166,662     168,702      17,822
   Lowest Base Price                   82.06       84.11       84.11       82.06
   Highest Base Price                 102.26      102.26      102.26      102.22
   Weighted Average Price              88.97       88.84       88.88       89.39
Negotiated (live basis)
   Head Count                          2,189                                    
   Lowest Base Price                   57.75                                    
   Highest Base Price                  73.50                                    
   Weighted Average Price              70.11       70.45       70.45            
Negotiated Formula (live basis)
   Head Count                            300                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,489                                    
   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#   -9.33    .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 Hog215.17 lb carcass .69 inch back-fat 
8.18 square inch loin 2.72 inch loin depth FFLI: 52.87
 
Price Range $92.71  - $100.00 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                6,050          Iowa                217,860
Illinois             20,277          Indiana              14,257
Kansas                1,661          Kentucky              2,934
Michigan              6,498          Minnesota            47,211
Missouri              2,860          Montana                 219
North Carolina        6,699          North Dakota            170
Nebraska             15,555          New York                170
Ohio                 13,828          Oklahoma              1,991
Pennsylvania          4,876          South Dakota          8,922
Tennessee             3,465          Wisconsin               660

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