USDA National Daily Direct Hog Prior Day Report 03/03 07:55
03/03/2026 | 8:00 am CST USDA National Daily Direct Hog Prior Day Report 03/03 07:55
LM_HG218
Des Moines, IA Tue, Mar 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
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Producer Sold
Negotiated 7,829 4,984 1,302
Other Market Formula 38,614 23,360 21,078
Swine/Pork Market Formula 124,555 136,002 130,773
Other Purchase Arrangement 243,517 55,621 57,413
Negotiated Formula 183
Pack. Sold (all purchase types) 33,612 32,848 39,540
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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 6,385 35,649 118,825 239,822 400,681
Base Price 91.67 87.12 89.00 87.32 87.87
Packer Sold
Head Count 33,572
Base Price 89.98
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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 8,035
Lowest Base Price 89.50
Highest Base Price 93.00
Weighted Average Price 91.69 91.72 91.72
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 8,035
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 39,959 11,096 16,117 23,842
Lowest Base Price 76.81 82.39
Highest Base Price 111.88 111.88
Weighted Average Price 88.05 86.89
Swine/Pork Market Formula (carcass basis)
Head Count 143,262 83,652 100,562 36,864
Lowest Base Price 80.01 82.13 82.13 80.01
Highest Base Price 96.42 96.42 96.42 95.37
Weighted Average Price 88.92 88.83 88.78 89.18
Other Purchase Arrangement (carcass basis)
Head Count 243,316 221,508 223,583 18,110
Lowest Base Price 78.36 78.36 78.36 82.48
Highest Base Price 100.44 100.44 100.44 99.48
Weighted Average Price 87.39 87.21 87.27 88.55
Negotiated (live basis)
Head Count 623
Lowest Base Price 67.00
Highest Base Price 72.15
Weighted Average Price 70.59 70.59
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 623
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# -9.30 1.00 205# .00 4.00
155# -30.00 -10.00 185# -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 Hog215.07 lb carcass .66 inch back-fat
7.85 square inch loin 2.61 inch loin depth FFLI: 53.11
Price Range $92.50 - $98.75
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,389 Iowa 272,727
Illinois 20,132 Indiana 16,085
Kansas 2,000 Kentucky 1,444
Maryland 160 Michigan 6,708
Minnesota 51,985 Missouri 3,234
Montana 676 North Carolina 7,444
Nebraska 14,623 Ohio 29,811
Oklahoma 1,862 Pennsylvania 4,330
South Dakota 8,084 Wisconsin 592
Wyoming 160
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