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                           DTN HOG CLOSE/TRENDS       07/28/14


DAILY DIRECT HOGS.
BASE MARKET HOG       RANGE          AVG      CHANGE
WESTERN CORNBELT    112.00-126.50  122.36      -3.04
EASTERN CORNBELT    121.00-123.01  121.14      -1.28
IOWA/MINNESOTA      112.00-126.50  122.38      -3.18
NATIONAL            112.00-126.50  121.63      -2.64
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%
07/25    65,353   215.24   125.41   127.47   129.52
PORK CUTS               CUTOUT/PRIMAL VALUES
  170.35 lds cuts       CARCASS    130.94      - .85
   16.84 lds trim       LOIN       133.26      -2.35
                        BUTT       150.85      - .71
  187.19 Total Lds      PIC        110.00      - .61
                        RIB        167.11      -3.27
                        HAM        139.55      + .53
                        BELLY      142.25      -2.36
PORK TRIMMINGS:
                   42% Trim Combo   82.52
                   72% Trim Combo  152.29
FI KILL(WTD) MON 397( 397)  WK AGO 372( 372)  YR AGO 355( 355)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS
DORCHSTR, WI   Steady      95.00       290  Steady    85.00      95.00    35-48
PEORIA,IL P    Steady   88.00-90.00    150  2.00 Hr   81.00      88.00    20-58
ZUMBROTA,MN P  2.00 Lr     88.00       100  5-8 Lr    82.00      84-85    .
GARNAVILLO,IA  .             .         .    .         .          .        .
RED OAK, IA P  Summer Hours, Next Sale August 6th
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  122.36 2.84 Lr 112.00-126.50 1,937(Prior Day)75.00-96.00 76.23-95.62
ECB* WA  121.14 1.28 Lr 121.00-123.01 2,963(Prior Day)81.78-87.80 80.00-94.52
IA/MN WA 122.38 2.99 Lr 112.00-126.50 1,830(Prior Day)75.00-96.00 79.46-95.62
NAT'L WA 121.63 2.57 Lr 112.00-126.51 4,900(Prior Day)74.20-96.00 76.23-96.34
IL                                      575 2.00 Hr   80-93      86-97    18-70
MO    DIR       0-4 Lr  116.00-118.00   446 3-7 Hr    77-83      83-88    .
VOLUME: IL  - 11,741  / IN/OH -  26,953 / IA/MN - 129,234
NEG   : WCB* - 3,371  /  ECB* -   6,189 / IA/MN -   2,541 / NAT'L   9,560
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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