USDA National Daily Direct Hog Prior Day Report 05/11 08:00
05/11/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 05/11 08:00
LM_HG218
Des Moines, IA Mon, May 11, 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 2,005 2,938 5,364
Other Market Formula 28,386 23,453 28,397
Swine/Pork Market Formula 135,638 135,174 137,537
Other Purchase Arrangement 121,918 90,099 103,947
Negotiated Formula 655 220 80
Pack. Sold (all purchase types) 38,631 41,467 34,500
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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 636 25,991 130,020 118,700 160 275,507
Base Price 93.77 87.91 88.71 88.30 88.47
Packer Sold
Head Count 37,931
Base Price 89.92
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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 636
Lowest Base Price 90.00
Highest Base Price 95.00
Weighted Average Price 93.77
Negotiated Formula (carcass basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 796
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 31,771 16,882 26,317 5,454
Lowest Base Price 78.40 78.40
Highest Base Price 103.72 102.78
Weighted Average Price 88.94 93.96
Swine/Pork Market Formula (carcass basis)
Head Count 153,148 91,837 107,386 40,523
Lowest Base Price 78.19 78.19 78.19 80.10
Highest Base Price 97.75 97.75 97.75 94.24
Weighted Average Price 88.75 88.53 88.41 89.43
Other Purchase Arrangement (carcass basis)
Head Count 127,723 103,298 105,548 20,715
Lowest Base Price 80.71 80.71 80.71 81.22
Highest Base Price 108.79 103.19 103.19 108.79
Weighted Average Price 88.42 88.37 88.45 88.05
Negotiated (live basis)
Head Count 805
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 725
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,530
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# -25.00 -14.62 175# -9.15 .00 205# .00 4.00
155# -25.00 -5.00 185# .00 .00 215# -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 Hog215.26 lb carcass .73 inch back-fat
7.97 square inch loin 2.65 inch loin depth FFLI: 52.16
Price Range $93.33 - $99.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,735 Iowa 157,808
Illinois 15,825 Indiana 16,278
Kansas 1,994 Kentucky 3,313
Michigan 8,246 Minnesota 56,966
Missouri 2,692 Montana 226
North Carolina 6,839 North Dakota 171
Nebraska 18,026 Ohio 16,468
Oklahoma 1,590 Pennsylvania 4,493
South Dakota 7,708 Tennessee 2,265
Wisconsin 590
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