USDA National Daily Direct Hog Prior Day Report 05/20 07:50
05/20/2026 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 05/20 07:50
LM_HG218
Des Moines, IA Wed, May 20, 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 5,203 7,175 10,307
Other Market Formula 20,862 23,656 25,162
Swine/Pork Market Formula 126,002 123,896 113,657
Other Purchase Arrangement 57,705 190,136 227,827
Negotiated Formula 40 320
Pack. Sold (all purchase types) 31,696 30,801 32,427
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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 3,750 17,386 120,589 54,382 196,107
Base Price 94.87 89.67 90.34 90.32
Packer Sold
Head Count 31,018
Base Price 90.96
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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 3,750
Lowest Base Price 87.00
Highest Base Price 95.00
Weighted Average Price 94.87 94.93 94.94
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,750
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 21,126 13,914 18,497 2,629
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 143,237 82,004 99,299 38,520
Lowest Base Price 80.33 82.78 82.78 80.33
Highest Base Price 98.93 98.93 98.93 97.88
Weighted Average Price 89.61 89.38 89.37 90.00
Other Purchase Arrangement (carcass basis)
Head Count 59,322 38,221 40,031 17,490
Lowest Base Price 83.32 83.46 83.46 83.32
Highest Base Price 109.16 101.50 101.50 109.16
Weighted Average Price 90.56 90.85 90.98 89.41
Negotiated (live basis)
Head Count 1,274
Lowest Base Price 61.25
Highest Base Price 72.50
Weighted Average Price 69.44 71.22 70.52
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,414
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 -13.00 175# -9.50 1.00 205# .00 4.00
155# -30.00 -10.00 185# -1.50 1.50 215# .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 Hog215.56 lb carcass .74 inch back-fat
7.94 square inch loin 2.64 inch loin depth FFLI: 52.00
Price Range $94.00 - $99.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 26 Canada 6,392
Iowa 88,488 Idaho 165
Illinois 17,566 Indiana 13,591
Kansas 1,230 Kentucky 875
Michigan 7,012 Minnesota 50,255
Missouri 2,475 North Carolina 7,293
North Dakota 491 Nebraska 14,908
Ohio 15,233 Oklahoma 1,801
Pennsylvania 4,310 South Dakota 8,723
Wisconsin 784 Wyoming 160
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