USDA National Daily Direct Hog Prior Day Report 04/03 07:50
04/03/2026 | 7:59 am CDT USDA National Daily Direct Hog Prior Day Report 04/03 07:50
LM_HG218
Des Moines, IA Fri, Apr 03, 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
--------------------------
Producer Sold
Negotiated 4,052 4,456 4,081
Other Market Formula 18,342 23,827 20,268
Swine/Pork Market Formula 127,158 135,815 127,820
Other Purchase Arrangement 55,105 50,386 54,719
Negotiated Formula 1,600 165 501
Pack. Sold (all purchase types) 30,689 30,882 28,474
================================================================================
Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 2,270 15,911 123,093 51,798 1,600 194,672
Base Price 90.29 85.56 88.93 88.67 88.54
Packer Sold
Head Count 30,059
Base Price 88.34
================================================================================
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 2,270
Lowest Base Price 89.00
Highest Base Price 91.00
Weighted Average Price 90.29 89.88 90.08
Negotiated Formula (carcass basis)
Head Count 1,600
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,870
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 18,541 9,381 15,911 2,630
Lowest Base Price 79.92 81.26
Highest Base Price 102.30 95.23
Weighted Average Price 86.24 87.51
Swine/Pork Market Formula (carcass basis)
Head Count 147,734 82,247 98,773 43,682
Lowest Base Price 78.65 80.08 78.65 80.08
Highest Base Price 95.92 95.19 95.19 95.92
Weighted Average Price 88.80 88.79 88.66 88.85
Other Purchase Arrangement (carcass basis)
Head Count 54,586 30,679 33,207 19,100
Lowest Base Price 79.75 80.77 80.77 79.75
Highest Base Price 102.48 102.48 102.48 100.60
Weighted Average Price 88.64 88.67 88.95 87.86
Negotiated (live basis)
Head Count 1,483
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,623
Lowest Base Price
Highest Base Price
Weighted Average Price
================================================================================
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)
================================================================================
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
================================================================================
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog214.67 lb carcass .72 inch back-fat
8.03 square inch loin 2.67 inch loin depth FFLI: 52.34
Price Range $91.00 - $97.50
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
-------------------------------------------
Canada 7,574 Colorado 174
Georgia 4 Iowa 81,820
Idaho 334 Illinois 17,623
Indiana 16,265 Kansas 1,205
Kentucky 1,342 Michigan 6,379
Minnesota 42,635 Missouri 3,321
North Carolina 7,373 North Dakota 170
Nebraska 15,629 Ohio 17,060
Oklahoma 1,910 Pennsylvania 5,383
South Dakota 9,072 Wisconsin 1,673
================================================================================
[0600059D]