USDA National Daily Direct Hog Prior Day Report 02/03 09:00
02/03/2026 | 9:00 am CST USDA National Daily Direct Hog Prior Day Report 02/03 09:00
LM_HG218
Des Moines, IA Tue, Feb 03, 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
--------------------------
Producer Sold
Negotiated 2,762 1,377 2,893
Other Market Formula 19,547 97,943 21,780
Swine/Pork Market Formula 123,710 108,709 124,498
Other Purchase Arrangement 60,584 55,539 56,943
Negotiated Formula 339 363
Pack. Sold (all purchase types) 27,149 30,844 38,296
================================================================================
Other Swine
Market or Pork Other
Formula Market Purchase Negotiated Totals/
Negotiated (FUT/OPT)** Formula Arrgment Formula Wtd Avg
------------------------------------------------------------------
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 2,235 16,756 117,511 56,676 25 193,203
Base Price 85.93 82.96 84.82 85.50 84.87
Packer Sold
Head Count 27,149
Base Price 85.37
================================================================================
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 3,035
Lowest Base Price 80.00
Highest Base Price 88.00
Weighted Average Price 85.42 86.16 86.16
Negotiated Formula (carcass basis)
Head Count 25
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 3,060
Lowest Base Price
Highest Base Price
Weighted Average Price
Other Market Formula (carcass basis)
Head Count 19,866 11,178 16,203 3,663
Lowest Base Price 75.42 77.63
Highest Base Price 102.70 98.83
Weighted Average Price 83.72 84.70
Swine/Pork Market Formula (carcass basis)
Head Count 137,111 82,275 96,613 34,221
Lowest Base Price 76.94 78.72 76.94 76.94
Highest Base Price 88.95 88.46 88.95 88.78
Weighted Average Price 84.82 84.77 84.63 85.05
Other Purchase Arrangement (carcass basis)
Head Count 60,648 40,876 42,716 17,112
Lowest Base Price 79.32 79.32 79.32 79.44
Highest Base Price 99.37 96.78 96.78 99.37
Weighted Average Price 85.56 85.30 85.42 85.80
Negotiated (live basis)
Head Count 527
Lowest Base Price
Highest Base Price
Weighted Average Price
Negotiated Formula (live basis)
Head Count 314
Lowest Base Price
Highest Base Price
Weighted Average Price
Combined Negotiated/Negotiated Formula (live basis)
Head Count 841
Lowest Base Price
Highest Base Price
Weighted Average Price
================================================================================
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)
================================================================================
CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -13.00 175# -3.25 1.00 205# .00 3.00
155# -30.00 -10.00 185# -1.50 1.50 215# .00 3.00
165# -15.00 -3.37 195# .00 3.00 225# -1.33 1.00
================================================================================
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog212.99 lb carcass .81 inch back-fat
7.48 square inch loin 2.49 inch loin depth FFLI: 50.71
Price Range $80.50 - $89.50
================================================================================
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
-------------------------------------------
Canada 6,046 Iowa 90,595
Illinois 17,704 Indiana 15,749
Kansas 175 Kentucky 958
Michigan 6,957 Minnesota 47,520
Missouri 2,995 Montana 674
North Carolina 3,553 Nebraska 14,398
Ohio 13,488 Oklahoma 1,895
Pennsylvania 4,693 South Dakota 6,564
Texas 330 Wisconsin 130
================================================================================
[0600059D]