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USDA National Daily Direct Afternoon Hog Report 06/04 14:45

USDA National Daily Direct Afternoon Hog Report 06/04 14:45

LSDLM_HG217
Des Moines, IA                             Thu, Jun 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                                  5,141     5,141     3,843     7,117
 Other Market Formula                       17,914    17,914    24,432    65,744
 Swine/Pork Market Formula                 120,420   120,420   140,326   122,582
 Other Purchase Arrangement                 53,297    53,297    61,353    57,833
 Negotiated Formula                            310       310       503       800
Pack. Sold (all purchase types)             29,728    29,728    36,757    29,412
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                          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                          2,625                                    
   Lowest Base Price                   90.00                                    
   Highest Base Price                  97.00                                    
   Weighted Average Price              95.66       96.11       96.03            
   Change from Previous Day             1.30        1.15        1.46            
Negotiated Formula (carcass basis)
   Head Count                            310                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          2,935                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         19,873      10,635      16,233       3,640
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        139,118      77,186      92,553      41,826
   Lowest Base Price                   82.82       82.82       82.82       84.12
   Highest Base Price                 100.11       99.07       99.07      100.11
   Weighted Average Price              91.46       91.32       91.29       91.76
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         51,847      31,529      32,709      17,333
   Lowest Base Price                   84.41       85.76       85.76       84.41
   Highest Base Price                 104.87      103.65      103.65      104.87
   Weighted Average Price              91.71       92.44       92.46       90.20
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          2,182                                    
   Lowest Base Price                   61.75                                    
   Highest Base Price                  74.25                                    
   Weighted Average Price              70.61       71.78       71.78            
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            140                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,322                                    
   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#   -9.45   1.00         205#     .00   4.00
    155#  -30.00  -9.00         185#   -1.50   1.50         215#     .00   4.00
    165#  -25.00  -3.37         195#     .00   3.00         225#   -1.33   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog0 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.13       
 
Price Range $95.00  - $100.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,646          Colorado                160
Georgia                   9          Iowa                 75,279
Idaho                   334          Illinois             16,652
Indiana              11,079          Kansas                1,515
Kentucky                886          Michigan              7,203
Minnesota            49,076          Missouri              2,973
North Carolina        7,503          Nebraska             12,960
Ohio                 20,857          Oklahoma              1,592
Pennsylvania          5,079          South Dakota          7,521
Wisconsin               486          
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