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USDA National Daily Direct Morning Hog Report 06/02 10:55

USDA National Daily Direct Morning Hog Report 06/02 10:55

LSDLM_HG216
Des Moines, IA                             Tue, Jun 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                                  3,603     2,353     1,344       710
 Other Market Formula                       13,959    13,619    22,029    21,954
 Swine/Pork Market Formula                 110,054    97,248    86,072    78,107
 Other Purchase Arrangement                 54,493    51,056    96,626    51,306
 Negotiated Formula                            325       325                 320
Pack. Sold (all purchase types)             28,193    28,193    24,073    22,504
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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                          1,020                                    
   Lowest Base Price                   92.00                                    
   Highest Base Price                  95.00                                    
   Weighted Average Price              94.75                                    
   Change from Previous Day              .92                                    
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                          1,020                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         13,122       8,915      12,065       1,057
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        115,926      66,731      78,817      33,616
   Lowest Base Price                   81.41       81.41       81.41       81.41
   Highest Base Price                  98.77       98.77       98.77       97.36
   Weighted Average Price              90.72       90.61       90.50       91.07
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         51,190      32,650      33,770      16,446
   Lowest Base Price                   84.41       84.57       84.57       84.41
   Highest Base Price                 103.85      102.43      102.43      103.85
   Weighted Average Price              91.48       91.88       91.99       90.35
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,101                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            465                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          1,566                                    
   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  -3.00         205#     .00   4.00
    155#  -25.00  -9.00         185#   -1.50    .00         215#     .00   4.00
    165#  -25.00  -5.00         195#     .00   3.00         225#     .00   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog4 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 52.29       
 
Price Range $95.00  - $97.00  
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,634          Iowa                 66,735
Idaho                   167          Illinois             15,045
Indiana              10,081          Kansas                1,705
Kentucky              1,000          Maryland                160
Michigan              6,226          Minnesota            44,142
Missouri              2,344          Montana                 226
North Carolina        7,371          Nebraska             12,149
Ohio                 13,759          Oklahoma              1,573
Pennsylvania          3,501          South Dakota          2,716
Wisconsin               260          
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