USDA National Daily Direct Morning Hog Report 02/05 10:55
02/05/2026 | 10:55 am CST USDA National Daily Direct Morning Hog Report 02/05 10:55
LSDLM_HG216
Des Moines, IA Thu, Feb 05, 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 2,860 1,610 2,009 1,147
Other Market Formula 25,174 24,834 16,648 14,180
Swine/Pork Market Formula 94,233 83,960 101,249 85,189
Other Purchase Arrangement 45,679 44,211 50,507 45,919
Negotiated Formula 324 324 100 742
Pack. Sold (all purchase types) 21,759 21,759 29,041 24,726
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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 420
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 420
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 24,347 12,435 15,020 9,327
Lowest Base Price 73.75
Highest Base Price 111.83
Weighted Average Price 84.49
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 97,995 52,354 60,944 31,859
Lowest Base Price 78.12 80.83 80.83 78.12
Highest Base Price 91.40 91.40 91.40 91.04
Weighted Average Price 86.12 86.32 86.31 85.68
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 42,062 26,001 26,649 14,115
Lowest Base Price 73.40 73.40 73.40 82.16
Highest Base Price 104.54 96.83 96.83 104.54
Weighted Average Price 87.29 87.47 87.44 87.09
Change from Previous Day
Negotiated (live basis)
Head Count 900
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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 1,224
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 6,093 Iowa 60,845
Idaho 167 Illinois 14,211
Indiana 14,746 Kansas 855
Kentucky 1,598 Michigan 4,000
Minnesota 31,238 Missouri 3,079
North Carolina 7,991 Nebraska 7,904
New York 160 Ohio 13,654
Oklahoma 1,871 Pennsylvania 5,438
South Dakota 2,683 Wisconsin 165
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