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                           DTN HOG CLOSE/TRENDS       04/16/14


DAILY DIRECT HOGS.
BASE MARKET HOG       RANGE          AVG      CHANGE
WESTERN CORNBELT     105.00-116.00  $114.67    -2.69
EASTERN CORNBELT     NA Due to Confidentiality
IOWA/MINNESOTA       113.00-116.00  $114.89    -2.67
NATIONAL             105.00-116.00  $114.70    -2.09
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%
04/15    94,496   219.11  $118.85  $120.82  $122.70
PORK CUTS               CUTOUT/PRIMAL VALUES
  461.41 lds cuts       CARCASS    121.16      - .57
   52.75 lds trim       LOIN       124.67      +3.36
                        BUTT       135.73      +1.25
  514.16 Total Lds      PIC        105.40      - .55
                        RIB        156.25      +2.27
                        HAM         98.27      - .61
                        BELLY      174.66      -9.63
PORK TRIMMINGS:
                   42% Trim Combo   60.69
                   72% Trim Combo  124.95
FI KILL(WTD) WED 412(1204)  WK AGO 405(1225)  YR AGO 421(1255)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS 
DORCHSTR, WI   2.00 Lr     90.00      200   Steady    88.00      98.00    36-48
PEORIA,IL P    1.00 Lr  81.00-83.00   150   Steady    89.00      95.00    20-60
ZUMBROTA,MN P  Steady      83.00      100   0-1 Lr    90-95      97-98    .
GARNAVILLO,IA  Steady      96.00      110   Steady    92.00      102.00   42-60
RED OAK, IA P  Steady      85.00  Light Test*P        .          .        .
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  114.67 2.67 Lr 105.00-116.00 2,854(Prior Day)78.00-105.90 84.00-109.12
ECB* WA  NA Due to Confidentiality    2,760(Prior Day)91.58-105.46 93.51-107.57
IA/MN WA 114.89 2.64 Lr 113.00-116.00 2,548(Prior Day)78.00-103.49 84.00-108.50
NAT'L WA 114.70 2.09 Lr 105.00-116.00 5,614(Prior Day)78.00-106.52 84.00-114.96
IL                                      825 0-1 Lr    82-94      88-97    20-68
MO    DIR       0-3 Lr  111.00-112.00   575 0-3 Lr    80-92      94-95    .
VOLUME: IL  -  3,362  / IN/OH -   6,979 / IA/MN - 100,078
NEG   : WCB* - 3,672  /  ECB* -   9,958 / IA/MN -   2,650 / NAT'L 13,630
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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