USDA National Daily Direct Morning Hog Report 03/03 10:55
03/03/2026 | 10:55 am CST USDA National Daily Direct Morning Hog Report 03/03 10:55
LSDLM_HG216
Des Moines, IA Tue, Mar 03, 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 5,104 3,854 7,614 1,981
Other Market Formula 18,791 17,531 32,837 22,952
Swine/Pork Market Formula 109,087 94,977 100,689 86,013
Other Purchase Arrangement 57,044 53,247 46,269 52,737
Negotiated Formula 165 165 348 165
Pack. Sold (all purchase types) 31,711 31,711 27,355 26,738
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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 4,480
Lowest Base Price 88.00
Highest Base Price 93.00
Weighted Average Price 91.84 91.95 91.95
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 4,480
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 17,343 9,775 13,776 3,567
Lowest Base Price 76.81 84.02
Highest Base Price 109.35 109.35
Weighted Average Price 91.29 96.44
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 114,378 67,676 77,866 31,963
Lowest Base Price 82.13 82.13 82.13 82.27
Highest Base Price 96.42 96.42 96.42 95.37
Weighted Average Price 89.00 88.95 88.86 89.18
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 53,537 32,871 34,353 17,730
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 90.26 90.82 90.97 88.75
Change from Previous Day
Negotiated (live basis)
Head Count 253
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 165
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 418
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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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
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CARCASS WEIGHT DIFFERENTIALS
145# -25.00 -13.00 175# -4.00 .00 205# .00 4.00
155# -25.00 -5.00 185# -1.50 .00 215# -8.00 4.00
165# -25.00 .00 195# .00 3.00 225# -30.00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 53.11
Price Range $90.47 - $98.75
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,373 Iowa 73,856
Illinois 15,001 Indiana 11,766
Kansas 1,830 Kentucky 734
Maryland 160 Michigan 5,880
Minnesota 41,148 Missouri 2,802
North Carolina 7,418 Nebraska 12,575
Ohio 14,071 Oklahoma 1,862
Pennsylvania 4,849 South Dakota 1,840
Wisconsin 160 Wyoming 160
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