Home Livestock
USDA National Daily Direct Morning Hog Report 04/24 11:40

USDA National Daily Direct Morning Hog Report 04/24 11:40

LSDLM_HG216
Des Moines, IA                             Fri, Apr 24, 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                                  3,308     2,808     2,334     2,730
 Other Market Formula                       23,259    22,911    20,610    24,099
 Swine/Pork Market Formula                 100,862    85,759    99,914    89,085
 Other Purchase Arrangement                 52,129    49,648    47,377    46,243
 Negotiated Formula                          1,298     1,298       932       594
Pack. Sold (all purchase types)             18,520    18,520    28,321    23,381
--------------------------------------------------------------------------------

                          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                          1,114                                    
   Lowest Base Price                   88.00                                    
   Highest Base Price                  92.00                                    
   Weighted Average Price              90.60       90.63       90.63            
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            470                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          1,584                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         22,845       7,619      11,074      11,771
   Lowest Base Price                   77.41                               82.30
   Highest Base Price                 102.00                              102.00
   Weighted Average Price              88.91                               86.72
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         96,473      55,741      62,689      29,686
   Lowest Base Price                   80.51       80.51       80.51       82.97
   Highest Base Price                  97.17       97.17       97.17       95.27
   Weighted Average Price              90.69       90.73       90.72       90.53
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         47,213      27,089      28,544      17,379
   Lowest Base Price                   82.06       82.96       82.96       82.06
   Highest Base Price                 107.66      102.05      102.05      107.66
   Weighted Average Price              90.82       91.42       91.53       89.55
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,529                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            918                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,447                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
--------------------------------------------------------------------------------
                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
 
--------------------------------------------------------------------------------
                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -25.00 -14.62         175#   -9.10    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#     .00    .00         215#   -8.00   4.00
    165#  -25.00    .00         195#     .00   3.00         225#  -30.00   2.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog2 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.23       
 
Price Range $92.82  - $96.00  
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,562          Colorado                140
Iowa                 62,585          Illinois             17,165
Indiana              14,503          Kansas                  820
Kentucky              1,378          Michigan              6,335
Minnesota            29,980          Missouri              2,490
Montana                 220          North Carolina        6,838
North Dakota            170          Nebraska              9,858
New York                170          Ohio                 11,828
Oklahoma              1,718          Pennsylvania          4,694
South Dakota          2,190          Tennessee             2,970
Wisconsin               170          Wyoming                 160

--------------------------------------------------------------------------------

[0600059D]