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USDA National Daily Direct Hog Prior Day Report 08/28 07:55

USDA National Daily Direct Hog Prior Day Report 08/28 07:55

LM_HG218
Des Moines, IA                             Fri, Aug 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
                                                      --------------------------
Producer Sold
 Negotiated                                            4,572     4,797     4,934
 Other Market Formula                                 15,451    23,601    32,683
 Swine/Pork Market Formula                           133,660   122,140   130,943
 Other Purchase Arrangement                           53,136    53,320    49,452
 Negotiated Formula                                      320       502       480
Pack. Sold (all purchase types)                       29,212    25,064    30,622
================================================================================
                           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        2,894      13,101     128,732      49,687       160   194,574
 Base Price        89.98       80.79       88.91       88.37               88.24
Packer Sold
 Head Count                                                               28,428
 Base Price                                                                87.76
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                          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                          4,874                                    
   Lowest Base Price                   85.00                                    
   Highest Base Price                  91.00                                    
   Weighted Average Price              89.99       89.95       89.95            
Negotiated Formula (carcass basis)
   Head Count                            160                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          5,034                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         16,521       7,620      11,756       4,765
   Lowest Base Price                   73.62                                    
   Highest Base Price                  99.12                                    
   Weighted Average Price              80.86                                    
Swine/Pork Market Formula (carcass basis)
   Head Count                        150,142      87,709     102,652      42,552
   Lowest Base Price                   80.05       80.05       80.05       80.05
   Highest Base Price                  96.50       95.13       95.13       96.50
   Weighted Average Price              88.90       88.54       88.49       89.54
Other Purchase Arrangement (carcass basis)
   Head Count                         51,305      28,823      30,766      18,261
   Lowest Base Price                   75.05       75.05       75.05       82.25
   Highest Base Price                 109.61      104.65      104.65      109.61
   Weighted Average Price              88.24       87.80       87.73       88.84
Negotiated (live basis)
   Head Count                          1,473                                    
   Lowest Base Price                   59.25                                    
   Highest Base Price                  71.55                                    
   Weighted Average Price              66.64                                    
Negotiated Formula (live basis)
   Head Count                            300                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,773                                    
   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#  -30.00 -13.00         175#   -9.05   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.50   1.50         215#   -8.00   4.00
    165#  -25.00    .00         195#     .00   3.00         225#  -30.00   2.00
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog211.50 lb carcass .67 inch back-fat 
7.97 square inch loin 2.65 inch loin depth FFLI: 53.07
 
Price Range $90.00  - $93.83  
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                6,354          Colorado                160
Iowa                 87,792          Idaho                   333
Illinois             18,349          Indiana              12,920
Kansas                  843          Kentucky              3,192
Michigan              6,476          Minnesota            43,648
Missouri              3,714          North Carolina        6,490
North Dakota            335          Nebraska             12,784
Ohio                 18,230          Oklahoma              1,055
Pennsylvania          4,947          South Dakota          6,965
Tennessee               960          Wisconsin               804

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