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                           DTN HOG CLOSE/TRENDS       07/31/14


DAILY DIRECT HOGS.
BASE MARKET HOG       RANGE          AVG      CHANGE
WESTERN CORNBELT    111.00-124.00  121.15      + .14
EASTERN CORNBELT    114.00-122.00  118.05      - .87
IOWA/MINNESOTA      111.00-124.00  121.49      + .37
NATIONAL            111.00-124.00  120.04      + .04
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%
07/30    81,649   215.77   121.87   123.80   125.68
PORK CUTS               CUTOUT/PRIMAL VALUES
  252.24 lds cuts       CARCASS    129.03      -1.20
   24.67 lds trim       LOIN       132.74      + .22
                        BUTT       148.07      - .74
  276.91 Total Lds      PIC        108.38      + .07
                        RIB        164.54      -4.23
                        HAM        140.63      - .05
                        BELLY      132.88      -5.69
PORK TRIMMINGS:
                   42% Trim Combo   89.26
                   72% Trim Combo  140.89
FI KILL(WTD) THU 405(1603)  WK AGO 393(1558)  YR AGO 413(1589)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS
DORCHSTR, WI   Steady      95.00       220  Steady    85.00      95.00    35-48
PEORIA,IL P    1.00 Lr  84.00-86.00    100  Steady    82.00      88.00    20-58
ZUMBROTA,MN P  Steady      83.00       100  Steady    84-85      86-87    .
GARNAVILLO,IA  Steady      95.00        60  Steady    88.00      98.00    44-49
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  121.15  .18 Hr 111.00-124.00 4,894(Prior Day)73.84-96.00 80.00-98.00
ECB* WA  118.05  .97 Lr 114.00-122.00 2,732(Prior Day)81.77-95.08 90.84-97.20
IA/MN WA 121.49  .42 Hr 111.00-124.00 4,401(Prior Day)73.84-96.00 80.00-98.00
NAT'L WA 120.04  .05 Hr 111.00-124.00 7,626(Prior Day)73.84-96.00 80.00-98.27
IL                                      450 Steady    81-93      87-97    18-70
MO    DIR       1.00 Lr    114.00       280 Steady    76-83      83-88    .
VOLUME: IL  -  8,565  / IN/OH -  23,165 / IA/MN -  62,985
NEG   : WCB* - 4,476  /  ECB* -   7,073 / IA/MN -   2,903 / NAT'L  11,549
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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