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USDA National Daily Direct Morning Hog Report 04/14 11:00

USDA National Daily Direct Morning Hog Report 04/14 11:00

LSDLM_HG216
Des Moines, IA                             Tue, Apr 14, 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                                  4,993     3,743     3,445     4,140
 Other Market Formula                       16,438    16,098    19,342    22,591
 Swine/Pork Market Formula                 111,401    96,584    90,797    85,759
 Other Purchase Arrangement                 53,163    50,537    47,717    50,756
 Negotiated Formula                            952       922       425       165
Pack. Sold (all purchase types)             31,138    31,138    21,448    28,980
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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                          3,289                                    
   Lowest Base Price                   88.00                                    
   Highest Base Price                  92.50                                    
   Weighted Average Price              90.26       90.35       90.38            
   Change from Previous Day             1.03                                    
Negotiated Formula (carcass basis)
   Head Count                            757                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          4,046                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         17,472       7,276      12,487       4,985
   Lowest Base Price                   78.25                               84.81
   Highest Base Price                  92.00                               92.00
   Weighted Average Price              88.17                               90.31
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        114,889      69,684      81,914      29,228
   Lowest Base Price                   80.39       82.84       82.84       80.39
   Highest Base Price                  95.36       95.36       95.36       93.27
   Weighted Average Price              89.40       89.10       88.98       90.36
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         50,430      31,458      32,768      16,531
   Lowest Base Price                   82.06       83.48       83.48       82.06
   Highest Base Price                 102.09      101.28      101.28      102.09
   Weighted Average Price              90.20       90.34       90.39       89.70
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            832                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                          1,137                                    
   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#   -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
 
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.83       
 
Price Range $90.47  - $96.50  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,982          Iowa                 73,056
Illinois             16,157          Indiana               5,914
Kansas                1,455          Kentucky                964
Maryland                160          Michigan              5,100
Minnesota            39,847          Missouri              2,546
North Carolina        6,907          Nebraska             14,602
Ohio                 13,431          Oklahoma              1,903
Pennsylvania          4,854          South Dakota          3,518
Tennessee             3,465          Wisconsin               161

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