USDA National Daily Direct Morning Hog Report 03/02 11:00
03/02/2026 | 11:00 am CST USDA National Daily Direct Morning Hog Report 03/02 11:00
LSDLM_HG216
Des Moines, IA Mon, Mar 02, 2026
DAILY DIRECT MORNING 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 1,791 541 2,443 654
Other Market Formula 38,047 37,419 24,384 24,129
Swine/Pork Market Formula 105,601 90,526 117,146 95,971
Other Purchase Arrangement 71,872 67,894 92,641 108,864
Negotiated Formula 150 150 325 185
Pack. Sold (all purchase types) 26,287 26,287 34,858 46,531
--------------------------------------------------------------------------------
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
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 150
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 150
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 38,262 13,089 16,879 21,383
Lowest Base Price 77.15 82.75
Highest Base Price 111.88 111.88
Weighted Average Price 88.55 86.83
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 101,417 60,064 71,366 24,980
Lowest Base Price 80.01 82.12 82.12 80.01
Highest Base Price 95.79 95.79 95.79 95.35
Weighted Average Price 89.43 89.42 89.46 89.31
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 70,740 43,162 44,442 25,655
Lowest Base Price 79.44 82.37 82.37 79.44
Highest Base Price 104.17 97.52 97.52 104.17
Weighted Average Price 89.08 90.13 90.26 86.97
Change from Previous Day
Negotiated (live basis)
Head Count 541
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 541
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
--------------------------------------------------------------------------------
DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) 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
--------------------------------------------------------------------------------
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 4,926 Iowa 75,717
Illinois 17,075 Indiana 10,385
Kansas 1,206 Kentucky 1,788
Michigan 4,245 Minnesota 41,528
Missouri 3,492 Montana 676
North Carolina 7,712 North Dakota 152
Nebraska 10,514 Ohio 27,953
Oklahoma 1,268 Pennsylvania 9,832
South Dakota 3,936 Wisconsin 412
--------------------------------------------------------------------------------
[0600059D]