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                           DTN HOG CLOSE/TRENDS       01/18/18

DAILY DIRECT HOGS.

BASE MARKET HOG       RANGE         AVG    CHANGE
WESTERN CORNBELT  $62.00-$70.50   $68.82    -0.80
EASTERN CORNBELT  NA Due to Confidentiality
IOWA/MINNESOTA    $62.00-$70.50   $68.97    -0.66
NATIONAL          $62.00-$70.50   $69.39    -0.25
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%
01/17     79,737   214.90   68.85     70.75     72.57
PORK CUTS                  CUTOUT/PRIMAL VALUES
 203.04 lds cuts         CARCASS $ 80.67    -0.28
  42.44 lds trim         LOIN    $ 72.38    +0.59
                         BUTT    $ 92.51    -2.23
 245.48 Total Lds        PIC     $ 52.33    -0.43
                         RIB     $132.68    -2.22
                         HAM     $ 63.08    -0.14
                         BELLY   $135.93    +0.98
PORK TRIMMINGS:
                42% Trim Combo   $ 28.29
                72% Trim Combo   $ 75.78
FI KILL(WTD) THU 432(1726)  WK AGO 436(1815)  YR AGO 445(1632)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS
*DORCHSTR, WI  1.00 Lr     49.00       320  1.00 Lr   35.00      41.00    17-24
ZUMBROTA,MN P  Steady      44.00       125  Steady    37.00      39-41    .
*GARNAVILLO,IA 1.00 Lr     49.00        60  1.00 Lr   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  68.82 0.89 Lr  62.00-70.50  2,643 (Prior Day)25.00-45.50 32.50-47.00
ECB* WA  NA Due to Confidentiality   3,345 (Prior Day)32.00-46.00 33.50-48.56
IA/MN WA 68.97 0.75 Lr  62.00-70.50  2,305 (Prior Day)25.00-45.50 33.49-47.00
NAT'L WA 69.39 0.31 Lr  62.00-70.50  5,988 (Prior Day)25.00-46.00 32.50-48.56
IL                                     625  1.00 Hr   28-36      33-42    7-25
MO    DIR      0-1 Hr      62.00        50  Steady    28-32      32-36    .
VOLUME: IL  - 23,196  / IN/OH -  32,322 / IA/MN - 139,444
NEG:   WCB* -  3,493  /  ECB* -   3,482 / IA/MN -   2,414 / NAT'L   6,975
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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