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USDA National Daily Direct Morning Hog Report 04/01 10:45

USDA National Daily Direct Morning Hog Report 04/01 10:45

LSDLM_HG216
Des Moines, IA                             Wed, Apr 01, 2026

DAILY DIRECT MORNING HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                         Estimated    Actual    Actual    Actual
                                             Today     Today  Week Ago  Year Ago
Producer Sold
 Negotiated                                  5,193     3,963     2,961     1,789
 Other Market Formula                       17,463    17,123    16,646    16,156
 Swine/Pork Market Formula                 115,715   103,973    87,212    81,835
 Other Purchase Arrangement                 50,192    47,147    43,944    57,744
 Negotiated Formula                             50        50     1,420          
Pack. Sold (all purchase types)             30,667    30,667    24,005    22,817
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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                          1,449                                    
   Lowest Base Price                   89.50                                    
   Highest Base Price                  91.00                                    
   Weighted Average Price              90.19                                    
   Change from Previous Day             -.18                                    
Negotiated Formula (carcass basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,449                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         16,523      12,399      15,294       1,229
   Lowest Base Price                   79.64                               84.02
   Highest Base Price                  92.17                               91.73
   Weighted Average Price              86.94                               88.30
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        123,472      70,758      82,214      36,356
   Lowest Base Price                   78.68       79.59       78.68       82.07
   Highest Base Price                  95.60       95.60       95.60       95.12
   Weighted Average Price              88.56       88.21       88.15       89.09
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         48,077      28,868      30,028      16,931
   Lowest Base Price                   81.95       82.68       82.68       81.95
   Highest Base Price                 106.08      101.76      101.76      106.08
   Weighted Average Price              89.62       89.96       89.95       88.98
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          2,073                                    
   Lowest Base Price                   63.25                                    
   Highest Base Price                  74.00                                    
   Weighted Average Price              70.05                               70.37
   Change from Previous Day             -.40                               -2.19
Negotiated Formula (live basis)
   Head Count                            140                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,213                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY 
DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
       based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
 
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                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -25.00 -13.00         175#   -3.25    .00         205#     .00    .00
    155#  -11.82  -5.00         185#   -1.50    .00         215#   -8.00    .00
    165#   -5.00    .00         195#     .00    .00         225#  -30.00    .00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog9 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.77       
 
Price Range $91.00  - $97.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,602          Iowa                 76,646
Illinois             18,096          Indiana              12,295
Kansas                  988          Kentucky                883
Michigan              6,490          Minnesota            37,121
Missouri              2,360          North Carolina        7,260
North Dakota            170          Nebraska             11,339
Ohio                 12,787          Oklahoma              1,882
Pennsylvania          5,185          South Carolina          150
South Dakota          4,108          Tennessee               140
Texas                    91          Wisconsin               330

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