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USDA National Daily Direct Morning Hog Report 05/11 10:45

USDA National Daily Direct Morning Hog Report 05/11 10:45

LSDLM_HG216
Des Moines, IA                             Mon, May 11, 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                                  2,168       918     1,973     3,115
 Other Market Formula                       24,851    23,807    19,399    22,295
 Swine/Pork Market Formula                 107,624    91,372   104,450    93,739
 Other Purchase Arrangement                114,165   111,213    86,141    96,659
 Negotiated Formula                            480       480       640       167
Pack. Sold (all purchase types)             29,709    29,709    33,810    37,088
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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                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            160                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                            160                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         25,700      12,747      20,779       4,921
   Lowest Base Price                   79.29                               86.45
   Highest Base Price                 103.72                              102.18
   Weighted Average Price              89.02                               94.04
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        107,214      69,300      79,393      24,140
   Lowest Base Price                   79.20       80.10       79.20       80.10
   Highest Base Price                  97.75       97.75       97.75       96.27
   Weighted Average Price              89.16       88.91       88.79       89.93
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                        112,951      95,178      97,283      15,013
   Lowest Base Price                   80.71       80.71       80.71       81.69
   Highest Base Price                 108.79       98.45       98.45      108.79
   Weighted Average Price              88.53       88.45       88.53       88.38
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            810                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            320                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,130                                    
   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                2,795          Iowa                133,568
Illinois             14,418          Indiana               6,323
Kansas                2,084          Kentucky              3,313
Michigan              3,935          Minnesota            44,892
Missouri              2,552          Montana                 670
North Carolina        6,839          North Dakota            171
Nebraska             14,824          Ohio                  9,268
Oklahoma              1,590          Pennsylvania          4,654
South Dakota          3,238          Tennessee             2,100
Wisconsin               265          
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