USDA National Daily Direct Hog Prior Day Report 05/14 07:50
05/14/2026 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 05/14 07:50
LM_HG218
Des Moines, IA Thu, May 14, 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 5,743 3,849 6,280
Other Market Formula 22,750 18,656 27,032
Swine/Pork Market Formula 134,970 196,122 121,887
Other Purchase Arrangement 58,089 81,400 53,107
Negotiated Formula 1,345 1,235 498
Pack. Sold (all purchase types) 31,418 47,885 31,474
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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 4,981 19,465 129,570 55,061 1,345 210,422
Base Price 95.35 91.12 89.31 88.38 89.32
Packer Sold
Head Count 30,698
Base Price 89.58
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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 5,301
Lowest Base Price 90.00
Highest Base Price 96.00
Weighted Average Price 95.39 95.42 95.42
Negotiated Formula (carcass basis)
Head Count 1,345
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 6,646
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 23,765 9,981 15,346 8,419
Lowest Base Price 83.87 84.51
Highest Base Price 103.12 103.12
Weighted Average Price 91.47 95.01
Swine/Pork Market Formula (carcass basis)
Head Count 152,351 86,836 101,916 44,670
Lowest Base Price 79.20 79.20 79.20 80.02
Highest Base Price 99.86 99.86 99.86 98.71
Weighted Average Price 89.23 89.21 89.13 89.31
Other Purchase Arrangement (carcass basis)
Head Count 58,358 37,773 38,723 18,332
Lowest Base Price 80.71 80.71 80.71 81.16
Highest Base Price 103.69 101.48 101.48 103.69
Weighted Average Price 88.47 88.75 88.82 87.56
Negotiated (live basis)
Head Count 741
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 881
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 .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
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog215.65 lb carcass .76 inch back-fat
7.94 square inch loin 2.64 inch loin depth FFLI: 51.70
Price Range $92.01 - $100.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,986 Colorado 159
Iowa 89,987 Illinois 18,871
Indiana 14,305 Kansas 820
Kentucky 4,619 Michigan 7,504
Minnesota 52,005 Missouri 2,363
North Carolina 7,201 Nebraska 14,941
New York 169 Ohio 20,075
Oklahoma 1,788 Pennsylvania 4,061
South Dakota 6,688 Tennessee 1,650
Wisconsin 165
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