USDA National Daily Direct Morning Hog Report 05/15 10:50
05/15/2026 | 10:50 am CDT USDA National Daily Direct Morning Hog Report 05/15 10:50
LSDLM_HG216
Des Moines, IA Fri, May 15, 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 3,838 2,588 1,755 2,164
Other Market Formula 21,089 20,713 21,191 30,731
Swine/Pork Market Formula 94,862 80,108 83,802 82,414
Other Purchase Arrangement 45,059 41,146 38,980 44,237
Negotiated Formula 165 165 495 330
Pack. Sold (all purchase types) 19,633 19,633 17,711 22,263
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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 1,313
Lowest Base Price 89.00
Highest Base Price 95.00
Weighted Average Price 91.87 91.95
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 1,313
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 19,747 10,353 14,768 4,979
Lowest Base Price 83.45 84.33
Highest Base Price 101.45 96.12
Weighted Average Price 90.07 93.29
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 91,640 49,574 55,013 32,118
Lowest Base Price 80.93 80.93 80.93 81.37
Highest Base Price 100.73 99.31 99.31 100.73
Weighted Average Price 90.01 90.04 90.03 89.77
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 39,610 21,993 23,293 15,341
Lowest Base Price 81.73 83.66 83.66 81.73
Highest Base Price 108.79 101.74 101.74 108.79
Weighted Average Price 89.94 90.55 90.56 88.88
Change from Previous Day
Negotiated (live basis)
Head Count 1,275
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 305
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,580
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: 51.67
Price Range $93.66 - $98.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,996 Colorado 159
Iowa 55,452 Illinois 16,094
Indiana 6,770 Kansas 675
Kentucky 2,026 Michigan 5,456
Minnesota 28,850 Missouri 2,047
Montana 227 North Carolina 7,441
North Dakota 170 Nebraska 9,390
Ohio 14,090 Oklahoma 1,554
Pennsylvania 4,496 South Dakota 1,980
Tennessee 2,145 Wisconsin 335
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