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USDA National Daily Direct Morning Hog Report 04/07 10:45

USDA National Daily Direct Morning Hog Report 04/07 10:45

LSDLM_HG216
Des Moines, IA                             Tue, Apr 07, 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                                  3,945     3,445     5,362     3,490
 Other Market Formula                       19,945    19,342    18,719    17,864
 Swine/Pork Market Formula                 102,920    90,797    89,717    83,137
 Other Purchase Arrangement                 50,127    47,717    47,691   158,067
 Negotiated Formula                            425       425       100          
Pack. Sold (all purchase types)             21,448    21,448    24,154    29,938
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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                          1,370                                    
   Lowest Base Price                   88.00                                    
   Highest Base Price                  92.00                                    
   Weighted Average Price              90.83       91.38       91.38            
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            260                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,630                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         19,797      11,441      16,113       3,684
   Lowest Base Price                   81.10                               83.46
   Highest Base Price                 109.00                              109.00
   Weighted Average Price              88.93                               97.30
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        100,283      65,605      76,263      19,584
   Lowest Base Price                   80.42       82.87       80.42       80.42
   Highest Base Price                  94.51       94.51       94.51       93.10
   Weighted Average Price              89.23       88.91       88.91       90.10
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         47,726      27,046      28,516      17,960
   Lowest Base Price                   78.99       83.52       83.52       78.99
   Highest Base Price                 102.26      101.01      101.01      102.26
   Weighted Average Price              90.27       90.48       90.51       89.80
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,878                                    
   Lowest Base Price                   62.25                                    
   Highest Base Price                  73.00                                    
   Weighted Average Price              67.52                               67.83
   Change from Previous Day            -1.91                               -3.81
Negotiated Formula (live basis)
   Head Count                            305                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,183                                    
   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#   -9.20  -1.35         205#     .00   4.00
    155#  -25.00 -10.00         185#   -1.50    .00         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog6 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 51.68       
 
Price Range $91.00  - $98.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,878          Iowa                 66,328
Illinois             18,980          Indiana               4,079
Kansas                1,887          Kentucky              1,423
Maryland                160          Michigan              4,612
Minnesota            40,179          Missouri              2,391
North Carolina          160          North Dakota            130
Nebraska             11,703          Ohio                 15,891
Oklahoma              1,905          Pennsylvania          4,355
South Dakota          3,531          Wisconsin               582

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