USDA National Daily Direct Afternoon Hog Report 02/02 14:55
02/02/2026 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 02/02 14:55
LSDLM_HG217
Des Moines, IA Mon, Feb 02, 2026
DAILY DIRECT AFTERNOON 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 1,180 1,180 1,444 3,231
Other Market Formula 30,652 30,652 22,436 31,249
Swine/Pork Market Formula 190,112 190,112 134,617 165,705
Other Purchase Arrangement 121,243 121,243 108,008 93,380
Negotiated Formula 184 184 325 512
Pack. Sold (all purchase types) 39,093 39,093 47,651 54,388
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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 715
Lowest Base Price 80.50
Highest Base Price 87.00
Weighted Average Price 82.22
Change from Previous Day -1.35
Negotiated Formula (carcass basis)
Head Count 25
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 740
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 32,232 17,669 23,679 8,553
Lowest Base Price 74.39 77.63
Highest Base Price 102.70 98.83
Weighted Average Price 83.23 84.36
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 211,454 120,707 144,300 62,123
Lowest Base Price 76.94 77.28 76.94 76.94
Highest Base Price 89.00 89.00 89.00 88.78
Weighted Average Price 84.65 84.62 84.54 84.76
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 123,736 82,419 84,629 38,127
Lowest Base Price 74.28 76.81 76.81 74.28
Highest Base Price 104.84 93.83 93.83 104.84
Weighted Average Price 83.48 82.86 82.98 84.50
Change from Previous Day
Negotiated (live basis)
Head Count 414
Lowest Base Price 54.50
Highest Base Price 65.35
Weighted Average Price 59.98
Change from Previous Day -1.36
Negotiated Formula (live basis)
Head Count 159
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 573
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) 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 -10.00 185# .00 1.50 215# .00 4.00
165# -25.00 -3.37 195# .00 3.00 225# -1.33 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog0 lb carcassnch back-fatre inch loinh loin
depthFFLI: 50.77
Price Range $80.50 - $91.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,951 Iowa 154,045
Illinois 19,676 Indiana 34,497
Kansas 1,347 Kentucky 4,128
Michigan 12,499 Minnesota 69,959
Missouri 3,716 Montana 675
North Carolina 6,524 Nebraska 16,733
New York 320 Ohio 26,546
Oklahoma 1,894 Pennsylvania 9,191
South Dakota 12,823 Tennessee 2,310
Texas 330 Wisconsin 300
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