USDA National Daily Direct Afternoon Hog Report 06/03 14:45
06/03/2026 | 2:45 pm CDT USDA National Daily Direct Afternoon Hog Report 06/03 14:45
LSDLM_HG217
Des Moines, IA Wed, Jun 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 3,401 3,401 7,762 3,887
Other Market Formula 15,594 15,594 26,606 55,887
Swine/Pork Market Formula 115,925 115,925 132,365 119,568
Other Purchase Arrangement 51,331 51,331 64,196 217,210
Negotiated Formula 980 980 1,010 650
Pack. Sold (all purchase types) 26,946 26,946 34,644 33,584
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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 1,848
Lowest Base Price 87.00
Highest Base Price 96.00
Weighted Average Price 94.36 94.96 94.57
Change from Previous Day -1.21
Negotiated Formula (carcass basis)
Head Count 900
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,748
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 16,654 9,419 14,065 2,589
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 129,924 69,735 80,829 44,128
Lowest Base Price 81.67 82.14 82.14 81.67
Highest Base Price 99.07 98.77 98.77 99.07
Weighted Average Price 91.93 92.04 92.05 91.69
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 53,198 28,937 31,400 20,487
Lowest Base Price 84.41 85.32 85.32 84.41
Highest Base Price 109.82 102.51 102.51 109.82
Weighted Average Price 92.24 93.40 93.56 90.12
Change from Previous Day
Negotiated (live basis)
Head Count 1,256
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 1,396
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# -26.00 .00 195# .00 3.00 225# -30.00 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.13
Price Range $93.00 - $100.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,724 Iowa 65,875
Illinois 17,492 Indiana 14,863
Kansas 758 Kentucky 875
Michigan 6,805 Minnesota 45,421
Missouri 2,510 North Carolina 7,542
North Dakota 345 Nebraska 11,351
Ohio 19,764 Oklahoma 1,574
Pennsylvania 5,922 South Dakota 6,746
Wisconsin 610
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