USDA National Daily Direct Hog Prior Day Report 05/21 07:50
05/21/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 05/21 07:50
LM_HG218
Des Moines, IA Thu, May 21, 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 3,301 5,743 4,265
Other Market Formula 19,465 22,750 55,646
Swine/Pork Market Formula 124,268 134,970 119,659
Other Purchase Arrangement 56,497 58,089 58,483
Negotiated Formula 1,040 1,345 320
Pack. Sold (all purchase types) 31,031 31,418 31,491
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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 2,044 16,640 118,606 53,428 960 191,678
Base Price 93.46 89.54 88.93 89.61
Packer Sold
Head Count 30,466
Base Price 90.69
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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 2,044
Lowest Base Price 88.00
Highest Base Price 95.00
Weighted Average Price 93.46 94.63 93.94
Negotiated Formula (carcass basis)
Head Count 960
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,004
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 20,380 12,993 17,915 2,465
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 142,402 80,341 94,804 42,023
Lowest Base Price 80.05 80.05 80.05 81.38
Highest Base Price 98.67 98.67 98.67 97.99
Weighted Average Price 89.48 89.51 89.42 89.50
Other Purchase Arrangement (carcass basis)
Head Count 56,527 35,254 37,019 17,228
Lowest Base Price 82.05 82.05 82.05 82.52
Highest Base Price 104.08 98.05 99.02 104.08
Weighted Average Price 89.14 89.29 89.45 88.09
Negotiated (live basis)
Head Count 1,027
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 1,167
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 -5.00 185# -1.50 1.50 215# -8.00 4.00
165# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog216.28 lb carcass .72 inch back-fat
7.85 square inch loin 2.61 inch loin depth FFLI: 52.23
Price Range $92.00 - $99.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 7,388 Colorado 160
Iowa 83,864 Illinois 17,969
Indiana 14,261 Kansas 1,385
Kentucky 875 Michigan 7,016
Minnesota 47,973 Missouri 3,534
North Carolina 7,550 North Dakota 165
Nebraska 13,925 Ohio 17,402
Oklahoma 1,724 Pennsylvania 4,029
South Dakota 5,717 Wisconsin 834
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