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                           DTN HOG CLOSE/TRENDS       04/29/16

DAILY DIRECT HOGS.

BASE MARKET HOG       RANGE         AVG    CHANGE
WESTERN CORNBELT   $63.00-71.00   $70.35   +0.68
EASTERN CORNBELT   NA Due to Confidentiality
IOWA/MINNESOTA     $63.00-71.00   $70.40   +0.62
NATIONAL           $63.00-71.00   $69.28   +0.87
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%
04/28   101,172    214.42   $65.98    $67.94    $69.88
PORK CUTS                  CUTOUT/PRIMAL VALUES
  174.36 lds cuts       CARCASS   $82.54   +0.57
   23.14 lds trim       LOIN      $83.42   -0.32
                        BUTT     $100.65   +3.98
  197.50 Total Lds      PIC       $55.66   -1.11
                        RIB      $148.76   +3.56
                        HAM       $67.04   -1.58
                        BELLY    $112.73   +4.40
PORK TRIMMINGS:
                42% Trim Combo    $47.70
                72% Trim Combo    $84.25
FI KILL(WTD) FRI 387(2079)  WK AGO 421(2157)  YR AGO 413(2117)
             SAT  60(2139)  WK AGO  84(2241)  YR AGO  34(2151)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS
*DORCHSTR, WI  Steady      50.00      270   Steady    36.00      46.00    18-25
PEORIA,IL P    Steady   40.00-42.00   100   Steady    37.00      42.00    10-18
ZUMBROTA,MN P  No Market on Friday's
*GARNAVILLO,IA Steady      50.00       80   Steady    36.00      46.00    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  70.35 0.73 Hr  63.00-71.00  4,589 (Prior Day)28.00-46.50 34.00-48.75
ECB* WA  NA Due to Confidentiality   2,231 (Prior Day)37.27-43.50 41.62-49.47
IA/MN WA 70.40 0.68 Hr  63.00-71.00  4,275 (Prior Day)28.00-46.50 34.00-48.75
NAT'L WA 69.28 0.86 Hr  63.00-71.00  6,820 (Prior Day)28.00-46.50 34.00-49.47
IL                                     600  0-1 Hr    35-41      39-46    10-28
MO    DIR      0-1 Hr   56.00-63.00    195  0-2 Hr    32-37      36-42    .
VOLUME: IL  -  8,738  / IN/OH -  36,503 / IA/MN -  88,835
NEG:   WCB* -  2,172  /  ECB* -   5,393 / IA/MN -   1,542 / NAT'L   7,565
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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