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USDA National Daily Direct Morning Hog Report 05/29 10:45

USDA National Daily Direct Morning Hog Report 05/29 10:45

LSDLM_HG216
Des Moines, IA                             Fri, May 29, 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                                  3,258     2,008     2,102     1,806
 Other Market Formula                       21,189    19,781    16,276    38,836
 Swine/Pork Market Formula                  98,255    83,127    89,761   103,668
 Other Purchase Arrangement                 48,871    45,231    42,990    40,921
 Negotiated Formula                            350                 295       160
Pack. Sold (all purchase types)             17,799    17,799    18,550    25,131
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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                            903                                    
   Lowest Base Price                   91.50                                    
   Highest Base Price                  95.00                                    
   Weighted Average Price              92.82                                    
   Change from Previous Day            -1.65                                    
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                            903                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         16,866      10,962      12,444       4,422
   Lowest Base Price                   87.70                               93.97
   Highest Base Price                 105.42                              100.63
   Weighted Average Price              93.41                               95.02
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         95,386      52,989      59,688      30,671
   Lowest Base Price                   80.85       80.85       80.85       83.43
   Highest Base Price                  98.37       98.37       98.37       96.84
   Weighted Average Price              91.36       91.44       91.49       91.06
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         43,487      23,170      24,620      17,895
   Lowest Base Price                   83.32       83.99       83.99       83.32
   Highest Base Price                 104.08       99.39       99.39      104.08
   Weighted Average Price              91.67       92.29       92.54       90.39
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            905                                    
   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                          1,045                                    
   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 -15.00         175#   -4.00    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#     .00    .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 Hog7 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.28       
 
Price Range $94.39  - $99.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,259          Iowa                 58,148
Illinois             15,646          Indiana               7,861
Kansas                  680          Kentucky              2,390
Michigan              5,145          Minnesota            31,488
Missouri              2,089          North Carolina        7,329
North Dakota            170          Nebraska              6,977
Ohio                 12,884          Oklahoma              1,817
Pennsylvania          4,810          South Dakota          2,613
Tennessee             1,980          Wisconsin               660

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