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                           DTN HOG CLOSE/TRENDS       01/19/18

DAILY DIRECT HOGS.

BASE MARKET HOG       RANGE         AVG    CHANGE
WESTERN CORNBELT  $63.50-$71.50   $69.29    +0.47
EASTERN CORNBELT  NA Due to Confidentiality
IOWA/MINNESOTA    $66.00-$71.50   $69.52    +0.55
NATIONAL          $62.00-$71.50   $69.36    +0.03
SPECS - .65-1.1" back-fat, 6 square inch loin 4 2.0 depth
NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST
DATE    HD COUNT   AVG WT   49-50%    51-52%    53-54%
01/18     82,588   215.29   68.89     70.82     72.68
PORK CUTS                  CUTOUT/PRIMAL VALUES
 180.01 lds cuts         CARCASS $ 81.44    +0.77
  44.92 lds trim         LOIN    $ 71.54    -0.84
                         BUTT    $ 92.37    -0.14
 224.93 Total Lds        PIC     $ 52.07    -0.26
                         RIB     $130.57    -2.11
                         HAM     $ 65.31    +2.23
                         BELLY   $137.55    +1.62
PORK TRIMMINGS:
                42% Trim Combo   $ 27.76
                72% Trim Combo   $ 76.33
FI KILL(WTD) FRI 456(2175)  WK AGO 454(2269)  YR AGO 425(2057)
             SAT 163(2338)  WK AGO 181(2450)  YR AGO 280(2336)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS
*DORCHSTR, WI  Steady      49.00       320  Steady    35.00      41.00    17-24
ZUMBROTA,MN P  No Market on Friday's
*GARNAVILLO,IA Steady      49.00        60  Steady    35.00      41.00    17-24
RED OAK, IA P  Sale 1st & 3rd Wednesday of each month
***Dorchester & Garnavillo are now Premise ID Hogs Only***
P = Private Source(not necessarily a terminal) * = Pre-opening Call; 
Carcass Basis 49-51% Carcass 185# 
DTN publishes private source hog prices as they are reported to us. DTN is
not responsible for the accuracy of these numbers.
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS 
WCB* WA  69.29 0.26 Lr  63.50-71.50  4,263 (Prior Day)26.00-47.00 32.93-49.00
ECB* WA  NA Due to Confidentiality   2,420 (Prior Day)30.79-45.03 33.50-47.71
IA/MN WA 69.52 0.36 Lr  66.00-71.50  3,835 (Prior Day)26.00-47.00 33.73-49.00
NAT'L WA 69.36 0.35 Lr  62.00-71.50  6,833 (Prior Day)26.00-47.00 32.93-49.00
IL                                     900  1.00 Hr   30-37      36-43    7-25
MO    DIR      Steady      62.00        25  Steady    28-32      32-36    .
VOLUME: IL  - 17,469  / IN/OH -  16,719 / IA/MN - 238,145
NEG:   WCB* -  4,165  /  ECB* -   3,691 / IA/MN -   3,605 / NAT'L   7,856
WCB, ECB, IA/MN and Nat'l are all plant delivered. (WA=Weighted Average; 
NEG=Negotiated; WCB*=Western Cornbelt; ECB*=Eastern Cornbelt)

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