USDA National Daily Direct Hog Prior Day Report 06/04 07:45
06/04/2026 | 7:45 am CDT USDA National Daily Direct Hog Prior Day Report 06/04 07:45
LM_HG218
Des Moines, IA Thu, Jun 04, 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 4,217 7,000 4,046
Other Market Formula 18,429 22,945 57,365
Swine/Pork Market Formula 123,838 126,297 121,656
Other Purchase Arrangement 54,308 63,169 210,683
Negotiated Formula 980 1,110 659
Pack. Sold (all purchase types) 30,115 31,373 31,609
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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 1,878 16,079 118,362 51,082 900 188,301
Base Price 94.85 91.23 91.39 91.46
Packer Sold
Head Count 29,555
Base Price 91.78
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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 1,878
Lowest Base Price 89.00
Highest Base Price 96.00
Weighted Average Price 94.85 95.62 95.10
Negotiated Formula (carcass basis)
Head Count 900
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,778
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 20,209 11,183 16,794 3,415
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 141,960 79,184 95,320 42,154
Lowest Base Price 81.67 82.14 82.14 81.67
Highest Base Price 99.07 99.07 99.07 98.03
Weighted Average Price 91.18 91.13 91.09 91.29
Other Purchase Arrangement (carcass basis)
Head Count 52,909 35,662 36,682 14,916
Lowest Base Price 84.41 85.34 85.34 84.41
Highest Base Price 104.87 99.78 99.78 104.87
Weighted Average Price 91.42 91.87 91.87 90.14
Negotiated (live basis)
Head Count 2,014
Lowest Base Price 61.75
Highest Base Price 72.50
Weighted Average Price 70.31 71.78 71.78
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,154
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 -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 Hog214.50 lb carcass .72 inch back-fat
7.66 square inch loin 2.55 inch loin depth FFLI: 52.13
Price Range $93.00 - $100.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 5,590 Colorado 160
Iowa 79,898 Illinois 18,788
Indiana 14,528 Kansas 1,429
Kentucky 1,041 Michigan 5,429
Minnesota 50,007 Missouri 3,221
North Carolina 7,499 Nebraska 13,894
Ohio 15,876 Oklahoma 1,586
Pennsylvania 4,064 South Dakota 8,112
Wisconsin 765
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