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USDA National Daily Direct Hog Prior Day Report 07/07 07:50

USDA National Daily Direct Hog Prior Day Report 07/07 07:50

LM_HG218
Des Moines, IA                             Tue, Jul 07, 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
                                                      --------------------------
Producer Sold
 Negotiated                                            2,551     1,940     1,623
 Other Market Formula                                 19,722    23,637    43,911
 Swine/Pork Market Formula                           120,077   114,517   116,983
 Other Purchase Arrangement                           64,192    59,383    56,177
 Negotiated Formula                                      325       320       320
Pack. Sold (all purchase types)                       30,542    35,331    30,989
================================================================================
                           Other         Swine
                           Market       or Pork       Other
                           Formula       Market     Purchase  Negotiated Totals/
              Negotiated  (FUT/OPT)**    Formula    Arrgment   Formula   Wtd Avg
              ------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
 Head Count        1,157      16,962     116,079      57,511       325   192,034
 Base Price                    93.60       90.00       89.66               90.25
Packer Sold
 Head Count                                                               30,122
 Base Price                                                                90.42
================================================================================

                          Volume and Price Range For Barrows and Gilts
                              Purchased Swine (Including Packer Sold)
                                    National       Iowa/     Western     Eastern
                                                 Minnesota  Cornbelt    Cornbelt
                                   ---------------------------------------------
Negotiated (carcass basis)
   Head Count                          1,157                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (carcass basis)
   Head Count                            325                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,482                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         21,457      12,089      18,209       3,248
   Lowest Base Price                   85.71       85.71       85.71       87.35
   Highest Base Price                 109.58      105.80      105.80      109.58
   Weighted Average Price              93.64       93.09       93.26       95.77
Swine/Pork Market Formula (carcass basis)
   Head Count                        138,225      84,151     100,894      32,448
   Lowest Base Price                   79.58       79.58       79.58       79.58
   Highest Base Price                 100.73      100.27      100.27      100.73
   Weighted Average Price              89.92       89.89       89.81       90.06
Other Purchase Arrangement (carcass basis)
   Head Count                         60,992      39,607      42,033      17,158
   Lowest Base Price                   81.23       81.23       81.23       82.61
   Highest Base Price                 109.52      104.09      109.52      102.03
   Weighted Average Price              89.79       89.63       89.94       89.20
Negotiated (live basis)
   Head Count                          1,304                                    
   Lowest Base Price                   66.75                                    
   Highest Base Price                  75.50                                    
   Weighted Average Price              71.87                               73.19
Negotiated Formula (live basis)
   Head Count                            280                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,584                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
================================================================================
                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)
 
================================================================================
                          CARCASS WEIGHT DIFFERENTIALS
   
    145#                        175#                        205#               
    155#                        185#                        215#               
    165#                        195#                        225#               
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                5,349          Iowa                 85,885
Illinois             15,362          Indiana              12,545
Kansas                2,385          Kentucky              1,755
Maryland                136          Michigan              6,116
Minnesota            51,923          Missouri              4,327
Montana                 654          North Carolina        6,884
North Dakota            164          Nebraska             18,121
Ohio                 12,355          Oklahoma              1,946
Pennsylvania          4,414          South Dakota          6,480
Wisconsin               608          
================================================================================

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