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                           DTN HOG CLOSE/TRENDS       01/23/19

DAILY DIRECT HOGS.

BASE MARKET HOG       RANGE         AVG    CHANGE
WESTERN CORNBELT  $48.00-$53.50   $ 52.79   +0.41
EASTERN CORNBELT  NA Due to Confidentiality
IOWA/MINNESOTA    $49.25-$53.50   $ 52.81   +0.17
NATIONAL          $48.00-$53.50   $ 52.49   +0.29
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%
01/22    89,001    213.27   54.19     56.02     57.77
PORK CUTS                  CUTOUT/PRIMAL VALUES
 294.62 lds cuts         CARCASS  $ 68.70   -0.93
  39.43 lds trim         LOIN     $ 66.54   -0.10
                         BUTT     $ 73.50   -1.98
 334.06 Total Lds        PIC      $ 39.42   -0.24
                         RIB      $124.21   -2.46
                         HAM      $ 50.17   -1.30
                         BELLY    $121.15   -1.90
PORK TRIMMINGS:
                42% Trim Combo    $ 26.72
                72% Trim Combo    $ 55.95
FI KILL(WTD) WED 466(1342)  WK AGO 480(1423)  YR AGO 465(1306)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS
*DORCHSTR, WI  Steady      34.00       440  Steady    24.00      24.00    12-17
*GARNAVILLO,IA Market Closed Today
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  52.79 0.67 Hr  48.00-53.50  6,361 (Prior Day)15.00-36.50 23.70-37.00
ECB* WA  NA Due to Confidentiality   3,595 (Prior Day)17.00-33.30 27.00-36.00
IA/MN WA 52.81 0.52 Hr  49.25-53.50  6,161 (Prior Day)15.00-36.50 27.50-36.50
NAT'L WA 52.49 0.40 Hr  48.00-53.50 10,276 (Prior Day)15.00-36.50 23.70-37.00
IL                                     700  Steady    16-26      21-30    6-14
VOLUME: IL  - 19,002  / IN/OH -  37,376 / IA/MN - 142,519
NEG:   WCB* -  7,273  /  ECB* -   4,429 / IA/MN -   6,154 / NAT'L  11,702
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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