USDA National Daily Direct Hog Prior Day Report 05/12 08:00
05/12/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 05/12 08:00
LM_HG218
Des Moines, IA Tue, May 12, 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 4,419 3,015 3,860
Other Market Formula 20,843 15,633 48,166
Swine/Pork Market Formula 127,426 119,990 117,598
Other Purchase Arrangement 60,238 63,376 60,334
Negotiated Formula 320 810 167
Pack. Sold (all purchase types) 29,775 31,002 37,414
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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 2,685 18,268 121,441 56,553 198,947
Base Price 94.41 89.21 89.32 89.34 89.38
Packer Sold
Head Count 29,775
Base Price 89.90
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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 2,685
Lowest Base Price 89.00
Highest Base Price 96.00
Weighted Average Price 94.41 94.41 94.41
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,685
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 22,518 10,846 16,408 6,110
Lowest Base Price 77.90 85.50
Highest Base Price 103.72 102.18
Weighted Average Price 90.05 94.60
Swine/Pork Market Formula (carcass basis)
Head Count 141,851 86,210 101,516 37,425
Lowest Base Price 80.60 81.61 80.60 82.06
Highest Base Price 99.25 99.25 99.25 96.77
Weighted Average Price 89.25 89.11 89.03 89.72
Other Purchase Arrangement (carcass basis)
Head Count 61,668 40,889 42,499 17,360
Lowest Base Price 82.25 82.25 82.25 82.27
Highest Base Price 103.47 97.87 97.87 103.47
Weighted Average Price 89.48 89.41 89.47 89.27
Negotiated (live basis)
Head Count 1,541
Lowest Base Price 65.50
Highest Base Price 73.00
Weighted Average Price 69.88 70.66
Negotiated Formula (live basis)
Head Count 320
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,861
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 -13.00 175# -4.00 -1.35 205# .00 4.00
155# -25.00 -9.00 185# -1.50 .00 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog214.69 lb carcass .74 inch back-fat
8.00 square inch loin 2.66 inch loin depth FFLI: 52.04
Price Range $95.00 - $100.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,250 Iowa 89,566
Illinois 18,641 Indiana 13,812
Kansas 1,427 Kentucky 2,932
Maryland 140 Michigan 7,944
Minnesota 51,359 Missouri 2,459
Montana 673 North Carolina 7,102
North Dakota 165 Nebraska 15,619
Ohio 13,134 Pennsylvania 3,826
South Dakota 6,662 Tennessee 2,145
Wisconsin 165
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