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USDA National Daily Direct Morning Hog Report 08/28 10:50

USDA National Daily Direct Morning Hog Report 08/28 10:50

LSDLM_HG216
Des Moines, IA                             Fri, Aug 28, 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                                  5,066     3,671     4,984       855
 Other Market Formula                       10,052     9,712    18,669    47,103
 Swine/Pork Market Formula                  94,753    79,211    78,114    90,377
 Other Purchase Arrangement                 34,287    32,683    35,968    40,077
 Negotiated Formula                            570       570       415       480
Pack. Sold (all purchase types)             14,932    14,932    14,947    31,159
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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                          2,112                                    
   Lowest Base Price                   85.50                                    
   Highest Base Price                  94.00                                    
   Weighted Average Price              89.65                                    
   Change from Previous Day                                                     
Negotiated Formula (carcass basis)
   Head Count                            160                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,272                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                          7,475       1,172       4,342       3,133
   Lowest Base Price                   74.40       74.40                        
   Highest Base Price                  99.12       99.12                        
   Weighted Average Price              83.73       84.23                        
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                         88,839      53,866      60,975      23,689
   Lowest Base Price                   77.61       82.52       82.52       77.61
   Highest Base Price                  95.14       95.13       95.13       95.14
   Weighted Average Price              88.91       88.71       88.81       88.45
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         30,274      13,324      14,447      14,364
   Lowest Base Price                   79.48       84.42       82.37       79.48
   Highest Base Price                 109.61       96.42       96.42      109.61
   Weighted Average Price              89.61       90.46       89.99       89.06
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,421                                    
   Lowest Base Price                   59.25                                    
   Highest Base Price                  71.25                                    
   Weighted Average Price              66.47                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            470                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,891                                    
   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 Hog0 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.07       
 
Price Range $85.50  - $98.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,013          Colorado                160
Iowa                 41,678          Illinois             16,393
Indiana               3,958          Kansas                  668
Kentucky              2,079          Michigan              4,740
Minnesota            30,457          Missouri              3,009
Montana                 223          North Carolina        6,480
North Dakota            335          Nebraska              8,587
Ohio                  8,217          Oklahoma              1,030
Pennsylvania          3,749          South Dakota          2,334
Tennessee             1,025          Wisconsin               644

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