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                           DTN HOG CLOSE/TRENDS       07/22/16

DAILY DIRECT HOGS.

BASE MARKET HOG       RANGE         AVG    CHANGE
WESTERN CORNBELT   $63.00-70.75   $69.95   -0.14
EASTERN CORNBELT   $63.00-70.00   $68.68 No Comp
IOWA/MINNESOTA     $63.00-70.75   $70.03   +0.17
NATIONAL           $63.00-70.75   $69.41   -0.45
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%
07/21    85,513    208.73   $72.05    $73.77    $75.89
PORK CUTS                  CUTOUT/PRIMAL VALUES
  199.74 lds cuts       CARCASS   $88.48   -0.43
   17.77 lds trim       LOIN      $84.78   -1.67
                        BUTT     $104.74   -1.20
  217.51 Total Lds      PIC       $61.27   +0.82
                        RIB      $116.52   -2.99
                        HAM       $72.69   -0.80
                        BELLY    $141.26   +2.07
PORK TRIMMINGS:
                42% Trim Combo    $52.68
                72% Trim Combo    $82.47
FI KILL(WTD) FRI 406(2101)  WK AGO 419(2105)  YR AGO 403(2044)
             SAT  40(2141)  WK AGO  16(2121)  YR AGO  50(2094)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS
*DORCHSTR, WI  Steady      54.00      190   Steady    36.00      42.00    18-28
PEORIA,IL P    2.00 Lr  40.00-42.00   100   1.00 Lr   35.00      39.00    12-23
ZUMBROTA,MN P  No Market on Friday's
*GARNAVILLO,IA Market Closed Today Due to the Heat
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  69.95 0.14 Lr  63.00-70.75  3,788 (Prior Day)29.00-47.00 36.00-49.00
ECB* WA  68.68 No Comp  63.00-70.00  2,823 (Prior Day)NA Confident43.00-49.50
IA/MN WA 70.03 0.28 Lr  63.00-70.75  3,336 (Prior Day)29.00-47.00 36.00-49.00
NAT'L WA 69.41 0.47 Lr  63.00-70.75  6,611 (Prior Day)29.00-48.50 36.00-49.50
IL                                     425  Steady    29-34      32-38    10-31
MO    DIR      0-1 Lr   65.00-66.00    0    Steady    30-34      33-39    .
VOLUME: IL  -  5,593  / IN/OH -  23,671 / IA/MN -  67,949
NEG:   WCB* -  4,731  /  ECB* -   4,011 / IA/MN -   3,902 / NAT'L   8,742
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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