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USDA National Daily Direct Morning Hog Report 04/16 10:55

USDA National Daily Direct Morning Hog Report 04/16 10:55

LSDLM_HG216
Des Moines, IA                             Thu, Apr 16, 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                                  3,177     1,927     1,884     1,000
 Other Market Formula                       18,782    18,442    13,020    28,524
 Swine/Pork Market Formula                  95,046    78,429    92,484    82,531
 Other Purchase Arrangement                 44,679    42,186    47,754    50,415
 Negotiated Formula                          1,025       625       425       265
Pack. Sold (all purchase types)             19,118    19,118    30,218    28,144
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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                            349                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            625                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            974                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         15,614      10,914      12,789       2,825
   Lowest Base Price                   79.43                               86.03
   Highest Base Price                  95.82                               91.75
   Weighted Average Price              87.61                               89.50
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         88,541      51,305      57,927      26,417
   Lowest Base Price                   81.07       81.07       81.07       81.86
   Highest Base Price                  97.63       96.38       96.38       97.63
   Weighted Average Price              89.76       89.75       89.77       89.52
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         41,810      24,585      26,995      13,530
   Lowest Base Price                   82.06       85.33       85.33       82.06
   Highest Base Price                 107.29      101.33      101.33      107.29
   Weighted Average Price              90.30       90.94       90.95       88.96
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,241                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                          1,381                                    
   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#                        175#                        205#               
    155#                        185#                        215#               
    165#                        195#                        225#               
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,837          Colorado                159
Iowa                 56,961          Illinois             17,198
Indiana               5,094          Kansas                1,021
Kentucky              1,151          Michigan              5,610
Minnesota            31,577          Missouri              3,499
North Carolina        6,820          Nebraska              7,048
Ohio                 10,622          Oklahoma              1,806
Pennsylvania          4,624          South Dakota          2,700

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