USDA National Daily Direct Morning Hog Report 02/02 10:55
02/02/2026 | 10:55 am CST USDA National Daily Direct Morning Hog Report 02/02 10:55
LSDLM_HG216
Des Moines, IA Mon, Feb 02, 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 1,760 510 376 1,138
Other Market Formula 27,384 26,892 18,486 28,593
Swine/Pork Market Formula 169,759 156,662 92,877 121,702
Other Purchase Arrangement 112,595 109,017 95,528 82,220
Negotiated Formula 160 512
Pack. Sold (all purchase types) 36,918 36,918 36,761 41,123
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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 45
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 45
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 27,452 15,724 20,714 6,738
Lowest Base Price 74.39 78.65
Highest Base Price 98.83 98.83
Weighted Average Price 83.20 85.48
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 177,526 103,531 123,104 49,391
Lowest Base Price 77.28 77.28 77.28 77.93
Highest Base Price 89.00 89.00 89.00 88.78
Weighted Average Price 84.60 84.62 84.52 84.62
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 111,351 77,542 79,032 32,159
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 83.50 82.91 83.00 84.70
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
Negotiated Formula (live basis)
Head Count
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 414
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# 175# 205#
155# 185# 215#
165# 195# 225#
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,131 Iowa 138,064
Illinois 17,905 Indiana 27,677
Kansas 1,347 Kentucky 4,128
Michigan 9,129 Minnesota 61,723
Missouri 3,231 Montana 675
North Carolina 6,524 Nebraska 15,463
New York 320 Ohio 19,303
Oklahoma 1,894 Pennsylvania 7,187
South Dakota 8,818 Tennessee 2,310
Wisconsin 170
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