USDA National Daily Direct Morning Hog Report 04/27 11:00
04/27/2026 | 11:00 am CDT USDA National Daily Direct Morning Hog Report 04/27 11:00
LSDLM_HG216
Des Moines, IA Mon, Apr 27, 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 4,016 2,766 1,802 1,642
Other Market Formula 23,581 23,241 27,926 23,996
Swine/Pork Market Formula 113,381 100,043 118,591 122,738
Other Purchase Arrangement 170,261 167,794 167,870 134,052
Negotiated Formula 900 740 1,002 100
Pack. Sold (all purchase types) 29,378 29,378 27,973 39,062
--------------------------------------------------------------------------------
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 1,469
Lowest Base Price 88.00
Highest Base Price 92.00
Weighted Average Price 90.32 90.35 90.35
Change from Previous Day -.28 -.28 -.28
Negotiated Formula (carcass basis)
Head Count 100
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,569
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 20,727 14,072 16,107 4,620
Lowest Base Price 78.23
Highest Base Price 96.77
Weighted Average Price 89.89
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 118,311 72,627 82,715 31,752
Lowest Base Price 82.32 82.32 82.32 82.32
Highest Base Price 94.71 94.71 94.71 94.44
Weighted Average Price 89.79 89.47 89.38 90.57
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 170,954 147,998 149,743 20,402
Lowest Base Price 81.41 82.99 82.99 81.41
Highest Base Price 98.43 98.43 98.43 93.88
Weighted Average Price 87.07 86.87 86.93 87.86
Change from Previous Day
Negotiated (live basis)
Head Count 1,169
Lowest Base Price 64.25
Highest Base Price 73.00
Weighted Average Price 70.68 72.02
Change from Previous Day
Negotiated Formula (live basis)
Head Count 920
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,089
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# -4.00 .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 Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.13
Price Range $90.00 - $96.00
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 3,539 Iowa 192,396
Illinois 13,768 Indiana 12,649
Kansas 1,319 Kentucky 2,164
Michigan 6,226 Minnesota 44,345
Missouri 3,788 Montana 674
North Carolina 6,808 North Dakota 175
Nebraska 8,802 Ohio 14,636
Oklahoma 1,429 Pennsylvania 4,197
South Dakota 2,962 Tennessee 3,915
Wisconsin 170
--------------------------------------------------------------------------------
[0600059D]