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                           DTN HOG CLOSE/TRENDS       01/16/18

DAILY DIRECT HOGS.

*****TUESDAY, JANUARY 16, 2018 ** See Monday's closing info below*****

BASE MARKET HOG       RANGE         AVG    CHANGE
WESTERN CORNBELT  $62.00-$71.50   $69.97    -0.18
EASTERN CORNBELT  NA Due to Confidentiality
IOWA/MINNESOTA    $64.00-$71.50   $70.52    +0.34
NATIONAL          $62.00-$71.50   $69.93    -0.13
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%
01/15     72,409   213.16   68.04     69.88     71.65
PORK CUTS                  CUTOUT/PRIMAL VALUES
 369.25 lds cuts         CARCASS $ 80.71    -0.38
  41.35 lds trim         LOIN    $ 72.25    +1.53
                         BUTT    $ 93.54    -4.59
 410.60 Total Lds        PIC     $ 51.63    -2.79
                         RIB     $131.88    -0.47
                         HAM     $ 63.44    -0.20
                         BELLY   $135.97    +0.48
PORK TRIMMINGS:
                42% Trim Combo   $ 27.63
                72% Trim Combo   $ 75.66
FI KILL(WTD) TUE 466( 859)  WK AGO 456( 919)  YR AGO 426( 744)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS
*DORCHSTR, WI  Steady      50.00       420  Steady    36.00      42.00    18-25
ZUMBROTA,MN P  1.00 Hr     43.00       150  1.00 Hr   31-33      35-37    .
*GARNAVILLO,IA Steady      50.00        60  Steady    36.00      42.00    18-25
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  69.97 0.23 Hr  62.00-71.50  5,218 (Prior Day)24.00-45.00 32.50-47.00
ECB* WA  NA Due to Confidentiality   2,355 (Prior Day)32.00-47.00 32.50-47.00
IA/MN WA 70.52 0.48 Hr  64.00-71.50  3,770 (Prior Day)24.00-45.00 33.50-47.00
NAT'L WA 69.93 0.10 Hr  62.00-71.50  7,573 (Prior Day)24.00-47.00 32.50-49.00
IL                                     775  Steady    26-33      31-40    7-25
MO    DIR      0-2 Hr   60.00-62.00     90  0-2 Hr    28-32      32-36    .
VOLUME: IL  - 20,944  / IN/OH -  28,775 / IA/MN - 158,565
NEG:   WCB* -  5,409  /  ECB* -   3,937 / IA/MN -   3,879 / NAT'L   9,346
WCB, ECB, IA/MN and Nat'l are all plant delivered. (WA=Weighted Average; 
NEG=Negotiated; WCB*=Western Cornbelt; ECB*=Eastern Cornbelt)

*****MONDAY, JANUARY 15, 2018*****

BASE MARKET HOG       RANGE         AVG    CHANGE
WESTERN CORNBELT  $63.00-$71.00   $70.15    +0.74
EASTERN CORNBELT  NA Due to Confidentiality
IOWA/MINNESOTA    $63.00-$71.00   $70.18    +0.76
NATIONAL          $63.00-$71.00   $70.06    +0.61
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%
01/12    107,409   213.16   68.04     69.88     71.65
PORK CUTS                  CUTOUT/PRIMAL VALUES
 239.53 lds cuts         CARCASS $ 81.09    +1.28
  36.93 lds trim         LOIN    $ 70.71    -0.18
                         BUTT    $ 98.13    +3.96
 276.46 Total Lds        PIC     $ 54.42    +0.78
                         RIB     $132.35    +1.64
                         HAM     $ 63.64    +0.86
                         BELLY   $135.49    +3.49
PORK TRIMMINGS:
                42% Trim Combo   $ 27.29
                72% Trim Combo   $ 74.40
FI KILL(WTD) MON 393( 393)  WK AGO 463( 463)  YR AGO 318( 318)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS
*DORCHSTR, WI  2.00 Hr     50.00       420  Steady    36.00      42.00    18-25
*GARNAVILLO,IA 2.00 Hr     50.00        60  Steady    36.00      42.00    18-25
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  70.15 1.31 Hr  63.00-71.00  2,664 (Prior Day)23.00-43.50 30.78-45.26
ECB* WA  NA Due to Confidentiality   2,145 (Prior Day)30.00-45.50 30.00-46.50
IA/MN WA 70.18 1.38 Hr  63.00-71.00  2,597 (Prior Day)23.00-43.50 30.78-45.26
NAT'L WA 70.06 1.02 Hr  63.00-71.00  4,809 (Prior Day)23.00-45.50 30.00-46.50
IL                                     600  Steady    26-33      31-40    7-28
MO    DIR      0-2 Hr      60.00         5  Steady    26-32      30-36    .
VOLUME: IL  - 26,764  / IN/OH -  36,167 / IA/MN - 231,925
NEG:   WCB* -  3,472  /  ECB* -   3,576 / IA/MN -   2,896 / NAT'L   7,048
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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