USDA National Daily Direct Morning Hog Report 03/05 10:55
03/05/2026 | 10:55 am CST USDA National Daily Direct Morning Hog Report 03/05 10:55
LSDLM_HG216
Des Moines, IA Thu, Mar 05, 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 2,344 1,094 2,028 3,088
Other Market Formula 27,707 26,927 26,707 15,675
Swine/Pork Market Formula 98,210 83,371 98,342 84,144
Other Purchase Arrangement 49,710 45,111 52,436 154,951
Negotiated Formula 1,215 1,215 100 100
Pack. Sold (all purchase types) 22,877 22,877 29,208 31,855
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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 830
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 1,050
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,880
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 26,697 13,926 17,957 8,740
Lowest Base Price 75.87 80.50
Highest Base Price 106.50 97.00
Weighted Average Price 92.47 90.91
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 96,298 52,679 61,076 30,957
Lowest Base Price 82.84 83.23 83.23 82.84
Highest Base Price 95.96 95.96 95.96 94.91
Weighted Average Price 90.55 90.74 90.78 90.08
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 44,044 25,800 27,340 14,922
Lowest Base Price 77.37 77.37 77.37 82.48
Highest Base Price 100.84 100.84 100.84 99.59
Weighted Average Price 91.29 92.11 92.27 89.38
Change from Previous Day
Negotiated (live basis)
Head Count 610
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 775
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 6,231 Colorado 159
Iowa 57,555 Idaho 167
Illinois 14,511 Indiana 7,375
Kansas 1,161 Kentucky 1,118
Michigan 5,035 Minnesota 36,188
Missouri 4,499 North Carolina 7,314
Nebraska 9,012 New York 160
Ohio 20,283 Oklahoma 1,890
Pennsylvania 5,363 South Dakota 2,084
Wisconsin 490
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