USDA National Daily Direct Morning Hog Report 06/03 10:45
06/03/2026 | 10:45 am CDT USDA National Daily Direct Morning Hog Report 06/03 10:45
LSDLM_HG216
Des Moines, IA Wed, Jun 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 3,953 2,703 4,642 935
Other Market Formula 13,999 13,659 20,343 51,353
Swine/Pork Market Formula 92,666 79,361 96,477 85,886
Other Purchase Arrangement 43,735 40,145 46,393 211,803
Negotiated Formula 80 80 80 650
Pack. Sold (all purchase types) 24,273 24,273 29,014 29,975
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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 1,345
Lowest Base Price 87.00
Highest Base Price 96.00
Weighted Average Price 94.37 94.85 94.37
Change from Previous Day -.38
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 1,345
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 13,699 8,769 12,229 1,470
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 92,372 52,303 58,137 29,598
Lowest Base Price 81.67 82.14 82.14 81.67
Highest Base Price 99.07 98.77 98.77 99.07
Weighted Average Price 92.50 92.44 92.51 92.50
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 41,679 24,600 26,533 14,000
Lowest Base Price 84.41 86.50 86.50 84.41
Highest Base Price 109.82 102.51 102.51 109.82
Weighted Average Price 93.26 94.34 94.49 90.90
Change from Previous Day
Negotiated (live basis)
Head Count 1,256
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,396
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# -30.00 -14.62 175# -4.00 1.00 205# .00 4.00
155# -30.00 -11.82 185# -1.00 1.50 215# .00 4.00
165# -26.00 -3.37 195# .00 3.00 225# -1.33 3.50
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog7 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.13
Price Range $93.00 - $100.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,329 Iowa 50,913
Illinois 14,760 Indiana 5,017
Kansas 524 Kentucky 875
Michigan 4,865 Minnesota 37,596
Missouri 2,342 North Carolina 7,542
North Dakota 345 Nebraska 8,835
Ohio 13,737 Oklahoma 1,574
Pennsylvania 4,015 South Dakota 2,486
Wisconsin 466
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