USDA National Daily Direct Hog Prior Day Report 03/02 07:55
03/02/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 03/02 07:55
LM_HG218
Des Moines, IA Mon, Mar 02, 2026
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
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Producer Sold
Negotiated 1,890 2,854 4,227
Other Market Formula 31,959 31,820 32,500
Swine/Pork Market Formula 142,093 161,701 141,426
Other Purchase Arrangement 80,376 103,001 112,041
Negotiated Formula 150 646 185
Pack. Sold (all purchase types) 39,448 43,486 43,825
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 1,544 29,422 136,763 76,753 150 244,632
Base Price 89.17 88.04 88.34 88.32 88.31
Packer Sold
Head Count 39,448
Base Price 89.71
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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 3,194
Lowest Base Price 85.00
Highest Base Price 91.00
Weighted Average Price 90.11 90.56 90.56 88.67
Negotiated Formula (carcass basis)
Head Count 150
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,344
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 33,972 17,652 25,687 8,285
Lowest Base Price 75.79 75.79
Highest Base Price 97.47 96.98
Weighted Average Price 89.01 88.22
Swine/Pork Market Formula (carcass basis)
Head Count 164,285 97,856 118,010 41,329
Lowest Base Price 81.80 81.80 81.80 81.88
Highest Base Price 95.79 95.79 95.79 95.35
Weighted Average Price 88.30 88.17 88.11 88.67
Other Purchase Arrangement (carcass basis)
Head Count 82,797 53,283 55,417 24,621
Lowest Base Price 79.44 82.37 82.37 79.44
Highest Base Price 104.17 100.71 100.71 104.17
Weighted Average Price 88.62 89.10 89.31 86.71
Negotiated (live basis)
Head Count 346
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 346
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -14.62 175# -4.00 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 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 Hog214.95 lb carcass .66 inch back-fat
7.88 square inch loin 2.62 inch loin depth FFLI: 53.13
Price Range $90.47 - $98.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,955 Iowa 120,956
Illinois 16,917 Indiana 20,676
Kansas 1,391 Kentucky 1,413
Michigan 7,640 Minnesota 51,252
Missouri 3,821 Montana 223
North Carolina 7,712 North Dakota 322
Nebraska 18,679 Ohio 21,365
Oklahoma 1,268 Pennsylvania 5,184
South Dakota 9,895 Wisconsin 565
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