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                           DTN HOG CLOSE/TRENDS       12/18/14


DAILY DIRECT HOGS.
BASE MARKET HOG       RANGE         AVG      CHANGE
WESTERN CORNBELT    68.00-77.50    75.91      -1.76
EASTERN CORNBELT    76.36-78.00    76.64      -1.11
IOWA/MINNESOTA      75.75-77.50    76.05      -1.59
NATIONAL            68.00-78.00    76.35      -1.36
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%
12/17    90,339   216.42   $81.37   $83.22   $84.98
PORK CUTS               CUTOUT/PRIMAL VALUES
  283.60 lds cuts       CARCASS    87.38     + .14
   40.99 lds trim       LOIN       94.24     - .12
                        BUTT      104.95     + .68
  324.59 Total Lds      PIC        82.75     +6.48
                        RIB       152.18     - .85
                        HAM        69.56     - .07
                        BELLY      95.25     -3.83
PORK TRIMMINGS:
                  42% Trim Combo     22.66
                  72% Trim Combo     62.81
FI KILL(WTD) THU 430(1722)  WK AGO 428(1716)  YR AGO 436(1746)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS
DORCHSTR, WI   Steady      60.00       240  Steady    55.00      65.00    20-30
PEORIA,IL P    Steady   52.00-54.00    100  0-2 Lr    48.00      52.00    20-30
ZUMBROTA,MN P  Steady      55.00       200  3-4 Lr    49.00      52.00    .
GARNAVILLO,IA  Steady      60.00        60  Steady    60.00      66.00    20-30
RED OAK, IA P  Next Wednesday Sale will be January 07, 2015
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  75.91  1.76 Lr 68.00-77.50  1,924 (Prior Day)46.00-69.00 60.00-72.00
ECB* WA  76.64  1.11 Lr 76.36-78.00  2,945 (Prior Day)58.00-65.98 60.00-67.05
IA/MN WA 76.05  1.58 Lr 75.75-77.50  1,508 (Prior Day)46.00-69.00 60.00-72.00
NAT'L WA 76.35  1.35 Lr 68.00-78.00  4,869 (Prior Day)46.00-69.00 60.00-72.00
IL                                     700  Shrply Lr 40-46      44-48    15-34
MO    DIR       0-1 Lr  74.00-77.00    255  0-1 Lr    42-50      46-54    .
VOLUME: IL  - 12,120  / IN/OH -  20,601 / IA/MN -  64,865
NEG:   WCB* -  2,605  /  ECB* -   5,571 / IA/MN -   1,570 / NAT'L   8,176
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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