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USDA National Daily Direct Morning Hog Report 03/06 10:55

USDA National Daily Direct Morning Hog Report 03/06 10:55

LSDLM_HG216
Des Moines, IA                             Fri, Mar 06, 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                                  2,668     2,168     1,641     2,389
 Other Market Formula                       32,524    32,032    28,408    26,759
 Swine/Pork Market Formula                 114,919   100,427    84,266    92,393
 Other Purchase Arrangement                 54,917    51,112    44,168    42,211
 Negotiated Formula                            165       165                 339
Pack. Sold (all purchase types)             27,806    27,806    23,390    27,687
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                          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                          1,034                                    
   Lowest Base Price                   90.00                                    
   Highest Base Price                  91.00                                    
   Weighted Average Price              90.33                                    
   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                          1,034                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         31,373       8,334      12,705      18,668
   Lowest Base Price                   78.18                                    
   Highest Base Price                 109.00                                    
   Weighted Average Price              89.34                                    
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        119,394      66,994      77,080      37,215
   Lowest Base Price                   82.84       82.84       82.84       83.12
   Highest Base Price                  95.68       95.68       95.68       93.55
   Weighted Average Price              89.47       89.27       89.23       89.79
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         50,140      27,776      29,548      19,315
   Lowest Base Price                   81.25       81.25       81.25       82.48
   Highest Base Price                 104.77       98.41       98.41      104.77
   Weighted Average Price              90.91       91.60       91.73       89.57
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                            683                                    
   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                            848                                    
   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 -14.62         175#   -4.00    .00         205#     .00   4.00
    155#  -25.00  -5.00         185#     .00    .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 Hog1 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.76       
 
Price Range $94.00  - $98.50  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                5,673          Colorado                156
Iowa                 70,265          Illinois             17,494
Indiana              14,120          Kansas                  626
Kentucky                903          Michigan              5,389
Minnesota            34,298          Missouri              3,671
Montana                 223          North Carolina        7,466
North Dakota            345          Nebraska             11,873
Ohio                 30,963          Oklahoma              1,908
Pennsylvania          4,890          South Dakota          2,653
Wisconsin               645          
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