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USDA National Daily Direct Morning Hog Report 07/15 10:45

USDA National Daily Direct Morning Hog Report 07/15 10:45

LSDLM_HG216
Des Moines, IA                             Wed, Jul 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                                 15,890    15,555     3,131     3,095
 Other Market Formula                       18,010    17,670     8,565    24,736
 Swine/Pork Market Formula                  89,889    78,416    82,384    77,282
 Other Purchase Arrangement                 40,300    37,858   183,201    49,449
 Negotiated Formula                            990       990       728     1,330
Pack. Sold (all purchase types)             23,044    23,044    18,867    26,280
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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                         14,485                                    
   Lowest Base Price                   95.50                                    
   Highest Base Price                 101.00                                    
   Weighted Average Price             100.70                  100.72            
   Change from Previous Day             3.83                    2.52            
Negotiated Formula (carcass basis)
   Head Count                            570                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                         15,055                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         17,932       9,792      12,752       5,180
   Lowest Base Price                   87.77                                    
   Highest Base Price                 103.87                                    
   Weighted Average Price              92.52                                    
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         91,289      52,159      58,992      28,138
   Lowest Base Price                   86.68       86.68       86.68       89.07
   Highest Base Price                 104.36      104.36      104.36      102.42
   Weighted Average Price              94.43       94.64       94.69       93.98
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         38,057      20,193      21,473      15,299
   Lowest Base Price                   85.93       87.22       87.22       85.93
   Highest Base Price                 104.11      104.11      104.11      102.03
   Weighted Average Price              94.38       96.14       96.12       91.88
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            822                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            480                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,302                                    
   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#  -30.00 -13.00         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.50   1.50         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 Hog0 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.92       
 
Price Range $100.00 - $105.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,954          Iowa                 56,814
Illinois             15,070          Indiana               5,545
Kansas                  686          Kentucky              2,155
Michigan              4,380          Minnesota            40,136
Missouri              3,328          North Carolina        7,341
North Dakota            170          Nebraska              8,207
Ohio                 11,798          Oklahoma              1,635
Pennsylvania          4,875          South Carolina          150
South Dakota          4,074          Tennessee             2,880
Wisconsin               335          
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