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                           DTN HOG CLOSE/TRENDS       07/20/18

DAILY DIRECT HOGS.

BASE MARKET HOG       RANGE         AVG    CHANGE
WESTERN CORNBELT  $64.00-$69.00   $ 67.06   -2.21
EASTERN CORNBELT  NA Due to Confidentiality
IOWA/MINNESOTA    NA Due to Confidentiality
NATIONAL          $64.00-$70.00   $ 68.07   -1.18
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%
07/19    Not available due to packer submission issues
PORK CUTS                  CUTOUT/PRIMAL VALUES
 300.07 lds cuts         CARCASS  $ 80.86   -1.83
  31.82 lds trim         LOIN     $ 77.91   +1.08
                         BUTT     $ 89.32   +0.20
 331.90 Total Lds        PIC      $ 46.11   -0.11
                         RIB      $115.08   -0.23
                         HAM      $ 53.87   -0.16
                         BELLY    $161.89  -11.60
PORK TRIMMINGS:
                42% Trim Combo    $ 59.62
                72% Trim Combo    $ 58.56
FI KILL(WTD) FRI 434(2234)  WK AGO 438(2249)  YR AGO 425(2157)
             SAT 148(2382)  WK AGO  26(2275)  YR AGO  47(2203)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS 
*DORCHSTR, WI  2.00 Lr     44.00       430  2.00 Lr   32.00      38.00    14-20
ZUMBROTA,MN P  No Market on Friday's
*GARNAVILLO,IA 2.00 Lr     44.00        85  2.00 Lr   32.00      38.00    14-20
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  67.06 2.20 Lr  64.00-69.00  1,927 (Prior Day)28.00-47.50 36.72-50.00
ECB* WA  NA Due to Confidentiality   4,587 (Prior Day)35.00-49.00 41.00-50.00
IA/MN WA NA Due to Confidentiality   1,147 (Prior Day)28.00-47.50 36.72-50.00
NAT'L WA 68.07 1.18 Lr  64.00-70.00  6,514 (Prior Day)28.00-49.00 36.72-50.00
IL                                     650  Steady    26-34      33-38    8-32
VOLUME: IL  - 24,044  / IN/OH -  38,752 / IA/MN - 153,415
NEG:   WCB* -  2,341  /  ECB* -   6,005 / IA/MN -   1,477 / NAT'L   8,346
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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