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USDA National Daily Direct Morning Hog Report 05/21 10:55

USDA National Daily Direct Morning Hog Report 05/21 10:55

LSDLM_HG216
Des Moines, IA                             Thu, May 21, 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                                  2,704     1,454       906     2,115
 Other Market Formula                       15,062    14,722    18,725    20,299
 Swine/Pork Market Formula                  97,177    82,406    99,160    74,575
 Other Purchase Arrangement                 46,379    43,227    46,303    49,184
 Negotiated Formula                                              1,015       320
Pack. Sold (all purchase types)             21,910    21,910    28,609    21,773
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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                            215                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   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                            215                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         12,893      11,406      11,733       1,160
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         96,528      55,550      61,268      30,681
   Lowest Base Price                   81.27       81.27       81.27       81.27
   Highest Base Price                  99.51       98.67       98.67       99.51
   Weighted Average Price              90.26       90.37       90.42       89.76
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         43,327      25,591      26,856      15,177
   Lowest Base Price                   81.95       81.95       81.95       82.14
   Highest Base Price                 104.08       98.05       99.02      104.08
   Weighted Average Price              90.05       90.69       90.86       88.48
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,027                                    
   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                          1,167                                    
   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                4,831          Colorado                160
Iowa                 59,317          Idaho                   167
Illinois             14,824          Indiana               5,624
Kansas                  785          Kentucky                525
Michigan              5,575          Minnesota            34,889
Missouri              3,065          North Carolina        7,550
Nebraska              5,116          Ohio                 13,563
Oklahoma              1,720          Pennsylvania          4,570
South Dakota            924          Wisconsin               514

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