USDA National Daily Direct Hog Prior Day Report 05/18 08:50
05/18/2026 | 8:50 am CDT USDA National Daily Direct Hog Prior Day Report 05/18 08:50
LM_HG218
Des Moines, IA Mon, May 18, 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 2,731 2,005 1,797
Other Market Formula 23,305 28,386 220,596
Swine/Pork Market Formula 127,940 135,638 122,910
Other Purchase Arrangement 95,305 121,918 77,622
Negotiated Formula 158 655 505
Pack. Sold (all purchase types) 39,983 38,631 35,367
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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 1,023 20,331 123,124 91,728 25 236,231
Base Price 91.60 92.58 88.89 89.04 89.28
Packer Sold
Head Count 39,563
Base Price 90.33
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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 1,023
Lowest Base Price 86.00
Highest Base Price 94.00
Weighted Average Price 91.60 92.12
Negotiated Formula (carcass basis)
Head Count 25
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,048
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 25,031 14,097 22,272 2,759
Lowest Base Price 84.33 84.33
Highest Base Price 103.07 95.20
Weighted Average Price 93.85 92.36
Swine/Pork Market Formula (carcass basis)
Head Count 149,917 89,479 102,750 42,515
Lowest Base Price 81.05 81.05 81.05 81.05
Highest Base Price 100.73 97.65 97.65 100.73
Weighted Average Price 88.78 88.43 88.37 89.55
Other Purchase Arrangement (carcass basis)
Head Count 99,798 74,800 78,372 20,285
Lowest Base Price 81.72 81.72 81.72 81.73
Highest Base Price 108.79 97.75 100.50 108.79
Weighted Average Price 89.27 89.34 89.56 87.99
Negotiated (live basis)
Head Count 1,061
Lowest Base Price 61.00
Highest Base Price 73.60
Weighted Average Price 70.12
Negotiated Formula (live basis)
Head Count 273
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,334
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# -30.00 -14.62 175# -4.00 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
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog216.46 lb carcass .77 inch back-fat
7.88 square inch loin 2.62 inch loin depth FFLI: 51.52
Price Range $93.00 - $98.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,820 Iowa 127,164
Illinois 18,671 Indiana 19,078
Kansas 767 Kentucky 1,447
Michigan 6,751 Minnesota 54,047
Missouri 3,566 Montana 229
North Carolina 7,275 North Dakota 165
Nebraska 15,534 New York 171
Ohio 15,549 Oklahoma 1,580
Pennsylvania 3,977 South Dakota 8,296
Wisconsin 335
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