USDA National Daily Direct Hog Prior Day Report 05/26 09:55
05/26/2026 | 9:55 am CDT USDA National Daily Direct Hog Prior Day Report 05/26 09:55
LM_HG218
Des Moines, IA Tue, May 26, 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 2,137 4,176 2,508
Other Market Formula 24,737 19,417 29,717
Swine/Pork Market Formula 112,766 122,528 115,486
Other Purchase Arrangement 101,819 63,500 89,057
Negotiated Formula 106 430 626
Pack. Sold (all purchase types) 27,797 27,893 32,670
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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 1,177 22,433 106,868 98,549 229,027
Base Price 93.28 88.67 89.01 89.19
Packer Sold
Head Count 27,420
Base Price 90.46
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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 1,177
Lowest Base Price 91.50
Highest Base Price 94.00
Weighted Average Price 93.28
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,177
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 25,533 12,368 19,446 6,087
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 125,348 77,542 89,224 32,597
Lowest Base Price 80.76 80.76 80.76 80.76
Highest Base Price 98.83 98.83 98.83 96.43
Weighted Average Price 88.71 88.51 88.38 89.46
Other Purchase Arrangement (carcass basis)
Head Count 104,389 81,343 85,123 18,290
Lowest Base Price 81.42 81.42 81.42 81.44
Highest Base Price 109.16 104.15 104.15 109.16
Weighted Average Price 89.17 89.27 89.44 87.74
Negotiated (live basis)
Head Count 635
Lowest Base Price 61.25
Highest Base Price 72.25
Weighted Average Price 68.76 69.06
Negotiated Formula (live basis)
Head Count 166
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 801
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 -23.00 175# -9.20 .00 205# .00 4.00
155# -25.00 -5.00 185# .00 .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 Hog217.35 lb carcass .72 inch back-fat
7.75 square inch loin 2.58 inch loin depth FFLI: 52.17
Price Range $93.84 - $98.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 3,927 Colorado 60
Iowa 126,660 Illinois 18,528
Indiana 17,541 Kansas 2,097
Kentucky 2,910 Michigan 6,138
Minnesota 46,798 Missouri 3,399
Montana 233 North Carolina 1,946
Nebraska 15,965 Ohio 10,638
Oklahoma 1,744 Pennsylvania 3,975
South Dakota 4,456 Tennessee 2,085
Texas 97 Wisconsin 165
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