USDA National Daily Direct Hog Prior Day Report 02/02 07:50
02/02/2026 | 7:59 am CST USDA National Daily Direct Hog Prior Day Report 02/02 07:50
LM_HG218
Des Moines, IA Mon, Feb 02, 2026
DAILY DIRECT PRIOR DAY HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Actual Actual Actual
Today Week Ago Year Ago
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Producer Sold
Negotiated 1,613 1,507 2,878
Other Market Formula 28,839 35,949 37,209
Swine/Pork Market Formula 168,555 147,277 168,432
Other Purchase Arrangement 117,333 112,421 88,221
Negotiated Formula 480 810 987
Pack. Sold (all purchase types) 39,554 50,437 45,439
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Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
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Barrows & Gilts (carcass basis):
Producer Sold
Head Count 1,048 26,716 163,341 112,981 480 304,566
Base Price 82.00 84.04 84.53 83.07 83.93
Packer Sold
Head Count 39,440
Base Price 85.22
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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 1,048
Lowest Base Price 79.00
Highest Base Price 87.00
Weighted Average Price 82.00 82.95 82.95
Negotiated Formula (carcass basis)
Head Count 480
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,528
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 30,791 15,934 22,832 7,959
Lowest Base Price 74.39 77.63
Highest Base Price 108.13 108.13
Weighted Average Price 84.49 85.52
Swine/Pork Market Formula (carcass basis)
Head Count 191,701 110,352 130,328 56,474
Lowest Base Price 77.28 77.28 77.28 77.93
Highest Base Price 89.10 89.00 89.00 89.10
Weighted Average Price 84.55 84.50 84.44 84.69
Other Purchase Arrangement (carcass basis)
Head Count 119,986 83,564 86,219 31,164
Lowest Base Price 74.28 76.81 76.81 74.28
Highest Base Price 104.84 97.22 97.22 104.84
Weighted Average Price 83.25 82.78 82.96 83.71
Negotiated (live basis)
Head Count 501
Lowest Base Price 54.50
Highest Base Price 67.10
Weighted Average Price 61.20
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 501
Lowest Base Price
Highest Base Price
Weighted Average Price
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NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on Weight(215 lb Carcass),Backfat(0.5 - 0.8 inches)and Loin Depth(2.0 -
2.7 inches)
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -14.62 175# -4.00 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 Hog215.40 lb carcass .84 inch back-fat
8.33 square inch loin 2.77 inch loin depth FFLI: 50.77
Price Range $85.42 - $91.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
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Canada 6,676 Iowa 152,167
Idaho 30 Illinois 19,192
Indiana 33,026 Kansas 3,006
Kentucky 4,298 Michigan 8,651
Minnesota 60,406 Missouri 3,971
Montana 221 North Carolina 6,524
Nebraska 15,618 New York 157
Ohio 22,607 Oklahoma 1,908
Pennsylvania 5,007 South Dakota 10,200
Tennessee 2,310 Wisconsin 434
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