USDA National Daily Direct Afternoon Hog Report 03/04 14:55
03/04/2026 | 2:56 pm CST USDA National Daily Direct Afternoon Hog Report 03/04 14:55
LSDLM_HG217
Des Moines, IA Wed, Mar 04, 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 7,135 7,135 9,323 7,156
Other Market Formula 20,311 20,311 39,664 18,386
Swine/Pork Market Formula 128,471 128,471 112,598 115,446
Other Purchase Arrangement 63,668 63,668 62,097 58,765
Negotiated Formula 1,050
Pack. Sold (all purchase types) 34,321 34,321 25,868 23,517
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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 5,345
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 5,345
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 20,894 11,845 17,120 3,774
Lowest Base Price 77.01 81.93
Highest Base Price 110.01 110.01
Weighted Average Price 90.45 94.57
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 149,838 84,456 102,283 41,810
Lowest Base Price 80.47 82.23 82.23 80.47
Highest Base Price 97.16 95.96 95.96 97.16
Weighted Average Price 89.11 88.99 88.93 89.37
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 65,314 39,033 41,601 21,765
Lowest Base Price 78.66 78.66 78.66 82.48
Highest Base Price 100.69 100.69 100.69 98.80
Weighted Average Price 89.56 89.95 90.09 88.33
Change from Previous Day
Negotiated (live basis)
Head Count 527
Lowest Base Price 64.00
Highest Base Price 72.20
Weighted Average Price 67.90
Change from Previous Day -3.80
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 527
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Arkansas 18 Canada 6,571
Iowa 94,511 Illinois 16,751
Indiana 14,248 Kansas 1,669
Kentucky 2,516 Michigan 7,135
Minnesota 47,590 Missouri 3,037
North Carolina 7,361 North Dakota 170
Nebraska 15,494 Ohio 19,191
Oklahoma 1,903 Pennsylvania 6,603
South Dakota 8,268 Wisconsin 479
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