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USDA National Daily Direct Morning Hog Report 07/08 10:55

USDA National Daily Direct Morning Hog Report 07/08 10:55

LSDLM_HG216
Des Moines, IA                             Wed, Jul 08, 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                                  4,381     3,131     4,760     5,561
 Other Market Formula                        9,041     8,565    14,306    24,050
 Swine/Pork Market Formula                  91,789    82,384    84,264    84,231
 Other Purchase Arrangement                185,867   183,201    44,007    51,152
 Negotiated Formula                            728       728       397       660
Pack. Sold (all purchase types)             18,867    18,867    23,989    22,876
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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                          2,480                                    
   Lowest Base Price                   86.00                                    
   Highest Base Price                  99.00                                    
   Weighted Average Price              96.89                   97.26            
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            648                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          3,128                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                          5,601       4,210       4,210       1,391
   Lowest Base Price                   85.85       85.85       85.85       94.60
   Highest Base Price                 105.65      105.65      105.65       95.68
   Weighted Average Price              92.66       91.78       91.78       95.31
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         93,296      51,578      60,073      28,790
   Lowest Base Price                   80.75       81.98       80.75       85.54
   Highest Base Price                 101.14      101.14      101.14       99.42
   Weighted Average Price              91.64       91.62       91.77       91.24
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                        184,337     165,187     166,467      16,085
   Lowest Base Price                   82.88                               83.62
   Highest Base Price                 104.67                              102.03
   Weighted Average Price              90.85                               89.49
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            451                                    
   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                            591                                    
   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#  -26.00 -13.00         175#   -4.00  -1.35         205#     .00   4.00
    155#  -26.00 -10.00         185#   -1.50    .00         215#     .00   4.00
    165#  -26.00  -3.37         195#     .00   3.00         225#   -1.33   3.50
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog1 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.81       
 
Price Range $90.00  - $103.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                4,304          Iowa                189,184
Illinois             16,319          Indiana               6,631
Kansas                1,029          Kentucky              1,620
Michigan              4,258          Minnesota            35,510
Missouri              3,661          North Carolina        6,608
North Dakota            170          Nebraska              5,344
Ohio                 12,934          Oklahoma              1,908
Pennsylvania          4,339          South Dakota          2,887
Wisconsin               170          
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