USDA National Daily Direct Hog Prior Day Report 06/02 07:45
06/02/2026 | 7:45 am CDT USDA National Daily Direct Hog Prior Day Report 06/02 07:45
LM_HG218
Des Moines, IA Tue, Jun 02, 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 4,852 2,137 1,180
Other Market Formula 17,993 24,737 76,683
Swine/Pork Market Formula 124,153 112,766 109,908
Other Purchase Arrangement 189,995 101,819 53,093
Negotiated Formula 160 106 497
Pack. Sold (all purchase types) 30,342 27,797 38,179
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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 2,703 15,347 118,281 186,250 322,581
Base Price 94.28 90.69 90.63 90.78
Packer Sold
Head Count 30,062
Base Price 91.64
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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 2,703
Lowest Base Price 87.00
Highest Base Price 95.00
Weighted Average Price 94.28 94.48
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 2,703
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 18,697 12,331 16,750 1,947
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 141,479 82,393 100,479 36,855
Lowest Base Price 81.41 81.41 81.41 81.41
Highest Base Price 98.77 98.77 98.77 97.36
Weighted Average Price 90.69 90.61 90.52 91.07
Other Purchase Arrangement (carcass basis)
Head Count 189,916 168,096 169,386 19,226
Lowest Base Price 84.41 84.54 84.54 84.41
Highest Base Price 103.85 102.43 102.43 103.85
Weighted Average Price 90.70 90.68 90.72 90.39
Negotiated (live basis)
Head Count 1,941
Lowest Base Price 65.00
Highest Base Price 73.50
Weighted Average Price 69.72 71.32
Negotiated Formula (live basis)
Head Count 300
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,241
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# -3.25 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 Hog215.24 lb carcass .71 inch back-fat
7.69 square inch loin 2.56 inch loin depth FFLI: 52.29
Price Range $94.00 - $97.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 4,341 Iowa 213,385
Illinois 18,753 Indiana 14,874
Kansas 1,705 Kentucky 1,563
Maryland 159 Michigan 6,579
Minnesota 53,638 Missouri 2,369
Montana 693 North Carolina 7,371
Nebraska 15,583 Ohio 13,335
Oklahoma 1,573 Pennsylvania 3,486
South Dakota 7,911 Wisconsin 329
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