USDA National Daily Direct Morning Hog Report 05/12 10:50
05/12/2026 | 10:50 am CDT USDA National Daily Direct Morning Hog Report 05/12 10:50
LSDLM_HG216
Des Moines, IA Tue, May 12, 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 5,862 4,612 1,979 3,751
Other Market Formula 22,988 22,627 15,064 33,122
Swine/Pork Market Formula 95,660 82,153 91,800 79,351
Other Purchase Arrangement 49,631 46,341 51,733 52,850
Negotiated Formula 160
Pack. Sold (all purchase types) 20,335 20,335 30,888 24,807
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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 3,516
Lowest Base Price 91.00
Highest Base Price 96.00
Weighted Average Price 94.93
Change from Previous Day
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 3,516
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 23,142 10,018 14,328 8,814
Lowest Base Price 83.62 84.00
Highest Base Price 103.72 95.55
Weighted Average Price 89.30 91.46
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 91,284 56,565 63,367 25,997
Lowest Base Price 80.57 81.61 81.61 80.57
Highest Base Price 99.25 99.25 99.25 96.91
Weighted Average Price 90.00 89.80 89.89 90.08
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 46,840 28,851 30,311 15,399
Lowest Base Price 82.25 82.25 82.25 82.61
Highest Base Price 103.47 101.79 101.79 103.47
Weighted Average Price 90.34 90.88 90.91 89.06
Change from Previous Day
Negotiated (live basis)
Head Count 1,016
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 1,156
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# -4.00 .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 Hog9 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.04
Price Range $93.83 - $100.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,286 Iowa 60,999
Illinois 13,848 Indiana 8,639
Kansas 1,172 Kentucky 2,586
Michigan 5,430 Minnesota 38,604
Missouri 2,254 North Carolina 7,102
Nebraska 9,913 Ohio 12,144
Pennsylvania 4,474 South Dakota 2,307
Tennessee 2,145 Wisconsin 165
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