USDA National Daily Direct Hog Prior Day Report 06/03 07:50
06/03/2026 | 8:00 am CDT USDA National Daily Direct Hog Prior Day Report 06/03 07:50
LM_HG218
Des Moines, IA Wed, Jun 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 9,643 6,635 7,582
Other Market Formula 18,258 25,120 26,668
Swine/Pork Market Formula 124,208 127,794 115,531
Other Purchase Arrangement 56,878 60,007 58,520
Negotiated Formula 160 320
Pack. Sold (all purchase types) 30,935 30,742 36,146
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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 7,675 15,332 119,153 53,514 195,674
Base Price 95.53 91.24 91.46 91.62
Packer Sold
Head Count 30,355
Base Price 92.08
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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 7,675
Lowest Base Price 87.00
Highest Base Price 96.00
Weighted Average Price 95.53 95.59 95.57
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 7,675
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 18,902 10,739 15,445 3,457
Lowest Base Price
Highest Base Price
Weighted Average Price
Swine/Pork Market Formula (carcass basis)
Head Count 142,133 83,220 97,150 40,003
Lowest Base Price 81.41 84.16 84.16 81.41
Highest Base Price 99.07 98.77 98.77 99.07
Weighted Average Price 91.21 91.09 90.99 91.61
Other Purchase Arrangement (carcass basis)
Head Count 57,638 37,080 38,883 17,126
Lowest Base Price 84.41 84.57 84.57 84.41
Highest Base Price 109.82 102.51 102.51 109.82
Weighted Average Price 91.68 91.84 92.00 90.82
Negotiated (live basis)
Head Count 1,656
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 300
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,956
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# -4.00 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 Hog214.07 lb carcass .72 inch back-fat
7.66 square inch loin 2.55 inch loin depth FFLI: 52.13
Price Range $94.00 - $100.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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California 25 Canada 5,250
Iowa 83,882 Idaho 166
Illinois 17,006 Indiana 12,462
Kansas 1,039 Kentucky 1,209
Michigan 9,321 Minnesota 56,907
Missouri 2,227 Montana 226
North Carolina 7,542 North Dakota 525
Nebraska 13,236 Ohio 15,625
Oklahoma 1,575 Pennsylvania 4,217
South Dakota 7,206 Wisconsin 755
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