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USDA National Daily Direct Hog Prior Day Report 05/01 08:00

USDA National Daily Direct Hog Prior Day Report 05/01 08:00

LM_HG218
Des Moines, IA                             Fri, May 01, 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                                            2,935     5,055     6,214
 Other Market Formula                                 17,969    18,569    19,849
 Swine/Pork Market Formula                           125,028   123,968   126,049
 Other Purchase Arrangement                           58,722    55,653    49,636
 Negotiated Formula                                      859     1,083       737
Pack. Sold (all purchase types)                       29,468    30,064    28,393
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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        1,015      15,073     120,898      55,246       165   192,397
 Base Price        92.54       89.21       89.74       90.00               89.79
Packer Sold
 Head Count                                                               28,833
 Base Price                                                                90.30
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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                          1,015                                    
   Lowest Base Price                   89.00                                    
   Highest Base Price                  94.50                                    
   Weighted Average Price              92.54       92.64       92.62            
Negotiated Formula (carcass basis)
   Head Count                            165                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,180                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         18,013      12,474      16,644       1,369
   Lowest Base Price                   77.23                                    
   Highest Base Price                 102.73                                    
   Weighted Average Price              90.47                                    
Swine/Pork Market Formula (carcass basis)
   Head Count                        144,221      82,755      97,660      41,636
   Lowest Base Price                   81.64       81.64       81.64       81.69
   Highest Base Price                  99.00       97.24       97.24       99.00
   Weighted Average Price              89.69       89.63       89.53       89.83
Other Purchase Arrangement (carcass basis)
   Head Count                         57,816      34,821      38,308      17,722
   Lowest Base Price                   82.06       82.35       82.35       82.06
   Highest Base Price                 108.19      102.19      102.19      108.19
   Weighted Average Price              90.02       89.92       90.38       89.03
Negotiated (live basis)
   Head Count                          1,481                                    
   Lowest Base Price                   61.00                                    
   Highest Base Price                  73.50                                    
   Weighted Average Price              70.83                                    
Negotiated Formula (live basis)
   Head Count                            784                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,265                                    
   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)
 
================================================================================
                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -30.00 -14.62         175#   -9.40   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#     .00   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 Hog214.78 lb carcass .70 inch back-fat 
8.21 square inch loin 2.73 inch loin depth FFLI: 52.74
 
Price Range $93.83  - $97.50  
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                5,180          Colorado                100
Georgia                  49          Iowa                 87,097
Idaho                   332          Illinois             18,553
Indiana              13,212          Kansas                  860
Kentucky                864          Michigan              6,686
Minnesota            44,909          Missouri              3,046
North Carolina        7,074          North Dakota            170
Nebraska             13,724          New York                339
Ohio                 17,869          Oklahoma              1,929
Pennsylvania          4,114          South Dakota          8,379
Tennessee               165          Wisconsin               330

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