USDA National Daily Direct Hog Prior Day Report 05/27 07:50
05/27/2026 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 05/27 07:50
LM_HG218
Des Moines, IA Wed, May 27, 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 6,635 5,203 5,393
Other Market Formula 25,120 20,862 38,871
Swine/Pork Market Formula 127,794 126,002 127,573
Other Purchase Arrangement 60,007 57,705 51,443
Negotiated Formula 668
Pack. Sold (all purchase types) 30,742 31,696 36,590
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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 3,660 22,161 122,421 56,084 204,326
Base Price 93.21 89.70 90.12 90.29
Packer Sold
Head Count 30,461
Base Price 90.63
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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 3,660
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,660
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 25,101 13,494 18,004 7,097
Lowest Base Price 86.99 86.99
Highest Base Price 106.22 106.22
Weighted Average Price 93.59 95.39
Swine/Pork Market Formula (carcass basis)
Head Count 146,455 85,977 102,202 38,216
Lowest Base Price 80.76 80.76 80.76 80.76
Highest Base Price 97.58 96.48 96.82 97.58
Weighted Average Price 89.68 89.51 89.40 90.29
Other Purchase Arrangement (carcass basis)
Head Count 59,888 38,671 40,320 18,101
Lowest Base Price 81.42 81.42 81.42 81.73
Highest Base Price 109.16 103.61 103.61 109.16
Weighted Average Price 90.28 90.43 90.60 89.48
Negotiated (live basis)
Head Count 2,172
Lowest Base Price 65.00
Highest Base Price 72.00
Weighted Average Price 70.79 69.96 69.96
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,312
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,363 Iowa 89,668
Illinois 20,245 Indiana 14,312
Kansas 1,856 Kentucky 2,296
Michigan 7,622 Minnesota 53,936
Missouri 2,106 Montana 666
North Carolina 7,381 North Dakota 170
Nebraska 14,470 Ohio 11,989
Oklahoma 1,830 Pennsylvania 5,101
South Carolina 150 South Dakota 8,139
Tennessee 1,980 Wisconsin 335
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