USDA National Daily Direct Morning Hog Report 04/23 10:50
04/23/2026 | 10:50 am CDT USDA National Daily Direct Morning Hog Report 04/23 10:50
LSDLM_HG216
Des Moines, IA Thu, Apr 23, 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 2,633 1,383 1,927 2,128
Other Market Formula 18,949 18,609 18,442 15,819
Swine/Pork Market Formula 97,564 82,041 78,429 90,872
Other Purchase Arrangement 46,308 43,323 42,186 52,558
Negotiated Formula 630 630 625 339
Pack. Sold (all purchase types) 23,484 23,484 19,118 26,283
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Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
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Negotiated (carcass basis)
Head Count 25
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 465
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 490
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 18,594 10,419 14,214 4,380
Lowest Base Price 79.03 94.12
Highest Base Price 96.93 96.65
Weighted Average Price 91.54 94.47
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 94,852 54,880 60,406 30,156
Lowest Base Price 83.61 83.61 83.61 84.31
Highest Base Price 98.40 97.17 97.17 98.40
Weighted Average Price 91.17 91.40 91.36 90.77
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 43,201 24,895 26,143 15,671
Lowest Base Price 82.06 85.51 85.51 82.06
Highest Base Price 102.33 101.51 101.51 102.33
Weighted Average Price 91.73 93.00 93.04 89.50
Change from Previous Day
Negotiated (live basis)
Head Count 1,109
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 1,414
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 4,624 Colorado 160
Iowa 57,842 Illinois 15,487
Indiana 5,938 Kansas 985
Kentucky 1,729 Michigan 5,925
Minnesota 33,419 Missouri 2,649
North Carolina 7,141 Nebraska 7,796
Ohio 13,954 Oklahoma 1,749
Pennsylvania 4,292 South Dakota 2,160
Tennessee 3,135 Wisconsin 485
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