USDA National Daily Direct Afternoon Hog Report 03/02 14:55
03/02/2026 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 03/02 14:55
LSDLM_HG217
Des Moines, IA Mon, Mar 02, 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 6,235 6,235 4,618 1,576
Other Market Formula 40,660 40,660 28,123 26,071
Swine/Pork Market Formula 122,814 122,814 151,032 142,462
Other Purchase Arrangement 259,918 259,918 104,219 123,139
Negotiated Formula 150 150 325 185
Pack. Sold (all purchase types) 28,337 28,337 40,333 54,256
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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 5,355
Lowest Base Price 89.50
Highest Base Price 93.00
Weighted Average Price 91.87 91.92 91.92
Change from Previous Day 1.49
Negotiated Formula (carcass basis)
Head Count 150
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,505
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 42,451 14,586 19,396 23,055
Lowest Base Price 77.15 82.39
Highest Base Price 111.88 111.88
Weighted Average Price 88.47 86.76
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 134,529 76,253 94,045 34,102
Lowest Base Price 80.01 82.12 82.12 80.01
Highest Base Price 95.79 95.79 95.79 95.35
Weighted Average Price 89.36 89.27 89.27 89.56
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 262,679 229,481 231,416 29,800
Lowest Base Price 79.44 82.37 82.37 79.44
Highest Base Price 104.17 97.52 97.52 104.17
Weighted Average Price 87.26 87.24 87.28 86.90
Change from Previous Day
Negotiated (live basis)
Head Count 716
Lowest Base Price 59.25
Highest Base Price 71.30
Weighted Average Price 66.27 69.92
Change from Previous Day
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 716
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# -9.30 1.00 205# .00 3.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 3.00
165# -15.00 -3.37 195# .00 3.00 225# -1.33 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog5 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.13
Price Range $92.50 - $98.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 7,057 Iowa 274,254
Illinois 19,591 Indiana 15,578
Kansas 1,376 Kentucky 1,818
Michigan 6,398 Minnesota 52,275
Missouri 3,986 Montana 676
North Carolina 7,738 North Dakota 152
Nebraska 12,222 Ohio 32,979
Oklahoma 1,268 Pennsylvania 10,077
South Dakota 9,751 Wisconsin 918
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