USDA National Daily Direct Afternoon Hog Report 02/05 14:55
02/05/2026 | 2:55 pm CST USDA National Daily Direct Afternoon Hog Report 02/05 14:55
LSDLM_HG217
Des Moines, IA Thu, Feb 05, 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 3,037 3,037 2,052 3,100
Other Market Formula 28,809 28,809 22,638 19,314
Swine/Pork Market Formula 126,696 126,696 149,530 121,836
Other Purchase Arrangement 64,840 64,840 64,196 57,563
Negotiated Formula 484 484 100 1,066
Pack. Sold (all purchase types) 30,376 30,376 36,880 30,664
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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 2,279
Lowest Base Price 82.00
Highest Base Price 88.25
Weighted Average Price 86.58 87.48
Change from Previous Day -.24 .58
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 2,439
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 29,178 14,205 17,810 11,368
Lowest Base Price 73.75 77.63
Highest Base Price 111.83 111.83
Weighted Average Price 84.30 82.79
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 145,600 79,115 96,405 43,503
Lowest Base Price 77.50 77.50 77.50 77.50
Highest Base Price 91.40 91.40 91.40 91.04
Weighted Average Price 85.17 85.24 85.09 85.20
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 63,302 36,343 38,916 22,446
Lowest Base Price 73.40 73.40 73.40 79.72
Highest Base Price 104.54 96.83 96.83 104.54
Weighted Average Price 86.04 85.90 86.08 85.90
Change from Previous Day
Negotiated (live basis)
Head Count 1,102
Lowest Base Price 55.00
Highest Base Price 68.60
Weighted Average Price 63.38 60.97
Change from Previous Day -1.81
Negotiated Formula (live basis)
Head Count 324
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 1,426
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# -8.40 1.00 205# .00 4.00
155# -30.00 -5.00 185# .00 1.50 215# -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: 51.02
Price Range $83.04 - $92.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 7,235 Georgia 12
Iowa 90,122 Idaho 334
Illinois 16,045 Indiana 24,482
Kansas 2,020 Kentucky 1,630
Michigan 7,005 Minnesota 42,576
Missouri 3,672 North Carolina 8,065
Nebraska 13,011 New York 160
Ohio 20,296 Oklahoma 1,871
Pennsylvania 7,610 South Dakota 7,606
Wisconsin 490
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