USDA National Daily Direct Hog Prior Day Report 05/28 08:20
05/28/2026 | 8:20 am CDT USDA National Daily Direct Hog Prior Day Report 05/28 08:20
LM_HG218
Des Moines, IA Thu, May 28, 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 7,000 3,301 9,922
Other Market Formula 22,945 19,465 31,280
Swine/Pork Market Formula 126,297 124,268 130,180
Other Purchase Arrangement 63,169 56,497 62,493
Negotiated Formula 1,110 1,040 490
Pack. Sold (all purchase types) 31,373 31,031 33,022
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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 4,668 19,370 121,085 59,421 1,030 205,574
Base Price 94.51 90.16 90.81 90.78
Packer Sold
Head Count 30,783
Base Price 90.93
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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 4,668
Lowest Base Price 88.00
Highest Base Price 95.00
Weighted Average Price 94.51
Negotiated Formula (carcass basis)
Head Count 1,030
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,698
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 22,357 11,745 16,583 5,774
Lowest Base Price 82.92 90.86
Highest Base Price 105.42 97.63
Weighted Average Price 94.39 94.32
Swine/Pork Market Formula (carcass basis)
Head Count 143,870 79,782 96,860 40,977
Lowest Base Price 80.00 80.00 80.00 82.43
Highest Base Price 97.98 97.98 97.98 97.64
Weighted Average Price 90.08 90.02 89.94 90.26
Other Purchase Arrangement (carcass basis)
Head Count 64,432 44,884 46,804 16,190
Lowest Base Price 83.11 83.11 83.11 83.32
Highest Base Price 109.16 101.70 101.70 109.16
Weighted Average Price 90.97 91.22 91.31 89.82
Negotiated (live basis)
Head Count 2,249
Lowest Base Price 60.00
Highest Base Price 72.00
Weighted Average Price 69.79 71.43 71.43
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,389
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 -13.00 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .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
Price Range $94.00 - $99.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 7,262 Colorado 157
Iowa 86,001 Illinois 17,259
Indiana 13,943 Kansas 1,430
Kentucky 2,509 Michigan 7,506
Minnesota 57,233 Missouri 3,651
Montana 230 North Carolina 7,199
Nebraska 14,412 Ohio 16,014
Oklahoma 1,889 Pennsylvania 4,805
South Dakota 7,924 Tennessee 1,815
Wisconsin 655
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