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USDA National Daily Direct Hog Prior Day Report 03/05 07:55

USDA National Daily Direct Hog Prior Day Report 03/05 07:55

LM_HG218
Des Moines, IA                             Thu, Mar 05, 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                                            6,504     4,616     5,437
 Other Market Formula                                 24,496    32,283    20,464
 Swine/Pork Market Formula                           129,644   126,262   114,616
 Other Purchase Arrangement                           60,402    62,791    56,043
 Negotiated Formula                                    1,050     1,150       100
Pack. Sold (all purchase types)                       31,585    31,780    32,177
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                           Other         Swine
                           Market       or Pork       Other
                           Formula       Market     Purchase  Negotiated Totals/
              Negotiated  (FUT/OPT)**    Formula    Arrgment   Formula   Wtd Avg
              ------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
 Head Count        5,345      21,112     123,586      57,354     1,050   208,447
 Base Price                    92.23       89.31       89.99               89.83
Packer Sold
 Head Count                                                               31,472
 Base Price                                                                90.40
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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                          5,345                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Negotiated Formula (carcass basis)
   Head Count                          1,050                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          6,395                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Other Market Formula (carcass basis)
   Head Count                         24,862      16,042      21,263       3,599
   Lowest Base Price                   75.87                               81.93
   Highest Base Price                 110.01                              110.01
   Weighted Average Price              92.92                               95.32
Swine/Pork Market Formula (carcass basis)
   Head Count                        149,428      84,038     102,485      42,179
   Lowest Base Price                   82.23       82.23       82.23       82.84
   Highest Base Price                  97.16       95.96       95.96       97.16
   Weighted Average Price              89.30       89.27       89.18       89.47
Other Purchase Arrangement (carcass basis)
   Head Count                         59,573      39,717      41,740      15,885
   Lowest Base Price                   77.41       77.41       77.41       82.48
   Highest Base Price                 100.84      100.84      100.84       99.59
   Weighted Average Price              90.10       90.39       90.52       88.76
Negotiated (live basis)
   Head Count                            712                                    
   Lowest Base Price                   58.75                                    
   Highest Base Price                  72.15                                    
   Weighted Average Price              63.98                               65.19
Negotiated Formula (live basis)
   Head Count                                                                   
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                            712                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
================================================================================
                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)
 
================================================================================
                          CARCASS WEIGHT DIFFERENTIALS
   
    145#                        175#                        205#               
    155#                        185#                        215#               
    165#                        195#                        225#               
================================================================================
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
------------------------------------------- 
Canada                6,676          Colorado                159
Iowa                 94,487          Illinois             17,528
Indiana              14,593          Kansas                1,676
Kentucky              2,623          Michigan              6,810
Minnesota            51,508          Missouri              4,739
North Carolina        7,314          Nebraska             15,401
New York                160          Ohio                 16,031
Oklahoma              1,890          Pennsylvania          4,723
South Dakota          7,275          Wisconsin               427

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