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                           DTN HOG CLOSE/TRENDS       01/22/20

DAILY DIRECT HOGS.
BASE MARKET HOG              AVG    CHANGE
WESTERN CORNBELT           $51.96    Unchg  
EASTERN CORNBELT           $51.87    +0.67
IOWA/MINNESOTA             $51.97    -0.18
                RANGE        AVG    CHANGE
NATIONAL   $47.00-$53.00   $51.90    +0.19
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%
01/21    72,540    212.01   57.50     59.27     60.93
PORK CUTS                  CUTOUT/PRIMAL VALUES
 205.26 lds cuts         CARCASS  $ 78.74   +0.55
  25.23 lds trim         LOIN     $ 66.99   -0.82
                         BUTT     $ 87.40   -2.55
 230.49 Total Lds        PIC      $ 53.96   +1.37
                         RIB      $147.05   +1.41
                         HAM      $ 77.76   +1.68
                         BELLY    $112.28   +2.86
PORK TRIMMINGS:
                42% Trim Combo    $29.85
                72% Trim Combo    $75.69
FI KILL(WTD) WED 498(1402) WK AGO 498(1493) YR AGO 466(1333)
             **** REVISION ** TUE 493( 904) ** REVISION ****
LOCATION       TREND    BAR/GILTS    HEAD  SOW TREND LT SOWS HVY SOWS BOARS
*DORCHSTR, WI  2.00 Hr    38.00       460  2.00 Hr   14-17   24-27     8-14
*GARNAVILLO,IA 2.00 Hr    38.00        80  2.00 Hr   20.00   26.00    11-20
*RED OAK, IA   1.00 Hr    35.00       185  Steady    13-23   24-26     8-14
+ILLINOIS SLAUGHTER SOWS & BOARS    1,025  Firm      12-16   16-20     5-15
***Dorchester & Garnavillo are now Premise ID Hogs Only***
* = Private Source(not necessarily a terminal); + = Closing report; 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       LT SOWS     HVY SOWS
WCB* WA  $51.96 0.02 Lr  /  10.00-31.54 15.00-29.69(Prior Day)
ECB* WA  $51.87 0.67 Hr  /  10.00-29.97 10.00-33.03(Prior Day)
IA/MN WA $51.97 0.18 Lr  /  10.00-31.54 15.00-29.69(Prior Day)
NAT'L WA $51.90 0.16 Hr  /  10.00-31.54 10.00-33.03(Prior Day)
NAT'L BAR/GILTS FULL RANGE  47.00-53.00 /  #HEAD 14,240   
VOLUME: IL  - 16,722  / IN/OH -  39,411 / IA/MN - 150,046
NEG:   WCB* -  6,297  /  ECB* -   9,070 / IA/MN -   5,042 / NAT'L 15,367
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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