USDA National Daily Direct Hog Prior Day Report 05/07 07:45
05/07/2026 | 7:45 am CDT USDA National Daily Direct Hog Prior Day Report 05/07 07:45
LM_HG218
Des Moines, IA Thu, May 07, 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 3,849 4,167 7,440
Other Market Formula 18,656 21,616 58,372
Swine/Pork Market Formula 196,122 130,585 120,128
Other Purchase Arrangement 81,400 55,972 52,971
Negotiated Formula 1,235 1,230 313
Pack. Sold (all purchase types) 47,885 32,190 32,974
================================================================================
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 2,432 15,239 190,048 76,218 1,185 285,122
Base Price 94.15 88.90 89.92 89.56 89.77
Packer Sold
Head Count 47,235
Base Price 90.21
================================================================================
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 2,432
Lowest Base Price 89.00
Highest Base Price 95.00
Weighted Average Price 94.15 94.41 94.46
Negotiated Formula (carcass basis)
Head Count 1,185
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,617
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 20,319 10,840 18,189 2,130
Lowest Base Price 78.25 85.62
Highest Base Price 103.72 102.14
Weighted Average Price 90.72 94.45
Swine/Pork Market Formula (carcass basis)
Head Count 226,889 137,046 160,515 60,946
Lowest Base Price 79.27 79.27 79.27 80.47
Highest Base Price 99.25 99.25 99.25 98.65
Weighted Average Price 89.81 89.87 89.79 89.71
Other Purchase Arrangement (carcass basis)
Head Count 81,532 54,458 56,959 22,303
Lowest Base Price 81.16 81.16 81.16 81.60
Highest Base Price 103.66 98.21 98.21 103.66
Weighted Average Price 89.68 90.18 90.20 88.09
Negotiated (live basis)
Head Count 776
Lowest Base Price 62.75
Highest Base Price 74.80
Weighted Average Price 70.10 72.64
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 916
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# -9.50 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 Hog215.41 lb carcass .73 inch back-fat
7.75 square inch loin 2.58 inch loin depth FFLI: 52.04
Price Range $92.71 - $98.00
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
-------------------------------------------
Canada 7,426 Colorado 158
Iowa 121,667 Illinois 27,130
Indiana 15,108 Kansas 1,376
Kentucky 1,240 Michigan 8,268
Minnesota 84,324 Missouri 4,349
North Carolina 14,381 North Dakota 170
Nebraska 21,866 Ohio 22,529
Oklahoma 1,668 Pennsylvania 4,178
South Carolina 150 South Dakota 12,341
Wisconsin 818
================================================================================
[0600059D]