USDA National Daily Direct Morning Hog Report 04/03 11:05
04/03/2026 | 11:05 am CDT USDA National Daily Direct Morning Hog Report 04/03 11:05
LSDLM_HG216
Des Moines, IA Fri, Apr 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 4,155 2,905 3,621 2,561
Other Market Formula 14,625 14,285 15,704 17,410
Swine/Pork Market Formula 112,513 98,393 89,271 82,762
Other Purchase Arrangement 48,172 45,233 40,848 50,451
Negotiated Formula 375 375 50 165
Pack. Sold (all purchase types) 28,527 28,527 22,396 20,314
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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 755
Lowest Base Price 89.00
Highest Base Price 91.00
Weighted Average Price 89.44
Change from Previous Day
Negotiated Formula (carcass basis)
Head Count 160
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 915
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 12,597 6,140 11,650 947
Lowest Base Price 79.92 83.35 84.66
Highest Base Price 102.30 102.30 92.18
Weighted Average Price 86.01 87.22 88.02
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 118,930 64,165 76,465 37,322
Lowest Base Price 78.65 80.08 78.65 80.08
Highest Base Price 95.19 95.19 95.19 95.19
Weighted Average Price 88.71 88.72 88.49 88.81
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 45,039 25,641 26,801 16,939
Lowest Base Price 80.76 80.76 80.76 82.06
Highest Base Price 101.41 101.41 101.41 100.60
Weighted Average Price 89.02 89.21 89.24 88.47
Change from Previous Day
Negotiated (live basis)
Head Count 2,104
Lowest Base Price 58.75
Highest Base Price 74.00
Weighted Average Price 68.09 71.88
Change from Previous Day
Negotiated Formula (live basis)
Head Count 305
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,409
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# -3.25 .00 205# .00 .00
155# -11.82 -5.00 185# -1.50 .00 215# -8.00 .00
165# -5.00 .00 195# .00 .00 225# -30.00 .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: 52.34
Price Range $91.00 - $96.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 5,620 Colorado 174
Iowa 63,641 Illinois 16,278
Indiana 13,514 Kansas 1,205
Kentucky 1,042 Michigan 5,835
Minnesota 33,793 Missouri 3,107
Montana 442 North Carolina 7,373
North Dakota 170 Nebraska 14,113
Ohio 11,671 Oklahoma 1,818
Pennsylvania 5,193 South Dakota 3,600
Wisconsin 1,129
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