USDA National Daily Direct Morning Hog Report 04/28 11:00
04/28/2026 | 11:00 am CDT USDA National Daily Direct Morning Hog Report 04/28 11:00
LSDLM_HG216
Des Moines, IA Tue, Apr 28, 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 2,971 2,471 4,141 4,513
Other Market Formula 18,439 18,099 17,270 20,280
Swine/Pork Market Formula 98,231 83,746 79,450 78,523
Other Purchase Arrangement 52,316 49,854 47,306 53,361
Negotiated Formula 210 513
Pack. Sold (all purchase types) 19,382 19,382 18,467 22,389
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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 1,130
Lowest Base Price 89.00
Highest Base Price 93.25
Weighted Average Price 92.25 92.68 92.68
Change from Previous Day 1.93 2.33 2.33
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,130
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 15,452 9,383 11,467 3,985
Lowest Base Price 79.75 91.08
Highest Base Price 96.48 95.88
Weighted Average Price 90.49 93.88
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 95,057 53,533 62,929 28,341
Lowest Base Price 81.52 83.41 81.52 84.01
Highest Base Price 95.44 95.44 95.44 94.26
Weighted Average Price 90.64 90.40 90.43 90.91
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 49,926 31,965 33,425 15,363
Lowest Base Price 82.06 84.09 84.09 82.06
Highest Base Price 102.93 102.44 102.44 102.93
Weighted Average Price 91.46 91.88 91.97 90.24
Change from Previous Day
Negotiated (live basis)
Head Count 1,215
Lowest Base Price 63.00
Highest Base Price 73.50
Weighted Average Price 71.79
Change from Previous Day 1.11
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 1,355
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# -9.33 .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 Hog1 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.80
Price Range $92.71 - $96.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,155 Iowa 61,031
Illinois 14,287 Indiana 4,622
Kansas 1,538 Kentucky 1,778
Maryland 160 Michigan 5,913
Minnesota 35,929 Missouri 3,884
Montana 220 North Carolina 7,010
Nebraska 7,142 Ohio 12,267
Oklahoma 1,868 Pennsylvania 5,636
South Dakota 3,477 Tennessee 2,475
Wisconsin 160
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[0600059D]