USDA National Daily Direct Afternoon Hog Report 03/03 15:00
03/03/2026 | 3:00 pm CST USDA National Daily Direct Afternoon Hog Report 03/03 15:00
LSDLM_HG217
Des Moines, IA Tue, Mar 03, 2026
DAILY DIRECT AFTERNOON 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 9,602 9,602 9,502 5,234
Other Market Formula 21,715 21,715 37,296 27,295
Swine/Pork Market Formula 140,309 140,309 146,056 127,533
Other Purchase Arrangement 67,904 67,904 57,386 63,492
Negotiated Formula 325 325 388 315
Pack. Sold (all purchase types) 40,143 40,143 39,006 34,029
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Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
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Negotiated (carcass basis)
Head Count 9,860
Lowest Base Price 88.00
Highest Base Price 93.00
Weighted Average Price 91.41 91.46 91.46
Change from Previous Day -.46 -.46 -.46
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 10,020
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 22,377 12,271 17,292 5,085
Lowest Base Price 76.81 82.39
Highest Base Price 109.35 109.35
Weighted Average Price 90.72 93.78
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 166,813 96,760 114,721 47,056
Lowest Base Price 82.13 82.13 82.13 82.27
Highest Base Price 96.42 96.42 96.42 95.37
Weighted Average Price 88.43 88.29 88.22 88.78
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 68,027 40,726 42,858 22,742
Lowest Base Price 78.36 78.36 78.36 79.44
Highest Base Price 100.44 100.44 100.44 99.48
Weighted Average Price 89.55 89.94 90.06 88.30
Change from Previous Day
Negotiated (live basis)
Head Count 593
Lowest Base Price 67.00
Highest Base Price 72.50
Weighted Average Price 71.70
Change from Previous Day 5.43
Negotiated Formula (live basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 758
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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 Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.11
Price Range $90.47 - $98.75
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,833 Iowa 103,691
Idaho 167 Illinois 17,389
Indiana 19,757 Kansas 2,005
Kentucky 734 Maryland 160
Michigan 10,175 Minnesota 56,133
Missouri 3,162 North Carolina 7,442
Nebraska 16,784 Ohio 20,087
Oklahoma 1,862 Pennsylvania 6,209
South Dakota 6,926 Wisconsin 322
Wyoming 160
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[0600059D]