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                           DTN HOG CLOSE/TRENDS       04/24/14


DAILY DIRECT HOGS.
BASE MARKET HOG       RANGE          AVG      CHANGE
WESTERN CORNBELT     105.00-117.00       115.50   -0.27
EASTERN CORNBELT     108.11-112.00       109.42   
IOWA/MINNESOTA       105.00-117.00       115.50   -0.70
NATIONAL             105.00-117.00       113.40   -2.27
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%
04/23   85,802    219.75   113.14   115.07   116.95
PORK CUTS               CUTOUT/PRIMAL VALUES
  227.08 lds cuts       CARCASS    116.70      -0.71
   34.40 lds trim       LOIN       121.77      -3.59
                        BUTT       143.01      -0.06
  261.48 Total Lds      PIC        102.29      -2.92
                        RIB        153.35      +0.06
                        HAM        100.87      +2.78
                        BELLY      146.29      -0.74
PORK TRIMMINGS:
                   42% Trim Combo   68.58
                   72% Trim Combo  125.40
FI KILL(WTD) WED 420(1522)  WK AGO 417(1621)  YR AGO 423(1677)
             SAT    (    )  WK AGO    (    )  YR AGO    (    )
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS 
DORCHSTR, WI   STDY      84.00        260   *P  STDY  88.00      96.00    30-41
PEORIA,IL P    STDY      79.50-80.00  200   *P  STDY  89.00      95.00    20-55
ZUMBROTA,MN P  STDY      80.00        100   *P        .          .        .
GARNAVILLO,IA  STDY      90.00         70   *P  STDY  90.00      98.00    30-45
RED OAK, IA P  .         .            .     *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  115.50 0.27 LR 105.00-117.00 5,566(Prior Day)79-106.35  83-110.65
ECB* WA  109.42         108.11-112.00 2,941(Prior Day)82-103.82  98-105.95
IA/MN WA 115.50 0.70 LR 105.00-117.00 5,486(Prior Day)79-104.21  94-107.50
NAT'L WA 113.40 2.27 LR 105.00-117.00 8,507(Prior Day)79-106.35  83-110.65
IL                                      450  STDY-1 HR   80-93   88-96    20-68
MO    DIR      STDY     105.00-107.00  120  STDY-1 LR 80-89      88-93    .
VOLUME: IL  - 11,160  / IN/OH -  24,232 / IA/MN ?  69,642
NEG   : WCB* - 4,778  /  ECB* -   6,406 / IA/MN -   3,348 / NAT'L  11,184



                           DTN HOG CLOSE/TRENDS       04/24/14


DAILY DIRECT HOGS.
BASE MARKET HOG       RANGE          AVG      CHANGE
WESTERN CORNBELT     105.00-117.00       115.50   -0.27
EASTERN CORNBELT     108.11-112.00       109.42   
IOWA/MINNESOTA       105.00-117.00       115.50   -0.70
NATIONAL             105.00-117.00       113.40   -2.27
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%
04/23   85,802    219.75   113.14   115.07   116.95
PORK CUTS               CUTOUT/PRIMAL VALUES
  227.08 lds cuts       CARCASS    116.70      -0.71
   34.40 lds trim       LOIN       121.77      -3.59
                        BUTT       143.01      -0.06
  261.48 Total Lds      PIC        102.29      -2.92
                        RIB        153.35      +0.06
                        HAM        100.87      +2.78
                        BELLY      146.29      -0.74
PORK TRIMMINGS:
                   42% Trim Combo   68.58
                   72% Trim Combo  125.40
FI KILL(WTD) WED 420(1522)  WK AGO 417(1621)  YR AGO 423(1677)
             SAT    (    )  WK AGO    (    )  YR AGO    (    )
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS 
DORCHSTR, WI   STDY      84.00        260   *P  STDY  88.00      96.00    30-41
PEORIA,IL P    STDY      79.50-80.00  200   *P  STDY  89.00      95.00    20-55
ZUMBROTA,MN P  STDY      80.00        100   *P        .          .        .
GARNAVILLO,IA  STDY      90.00         70   *P  STDY  90.00      98.00    30-45
RED OAK, IA P  .         .            .     *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  115.50 0.27 LR 105.00-117.00 5,566(Prior Day)79-106.35  83-110.65
ECB* WA  109.42         108.11-112.00 2,941(Prior Day)82-103.82  98-105.95
IA/MN WA 115.50 0.70 LR 105.00-117.00 5,486(Prior Day)79-104.21  94-107.50
NAT'L WA 113.40 2.27 LR 105.00-117.00 8,507(Prior Day)79-106.35  83-110.65
IL                                      450  STDY-1 HR   80-93   88-96    20-68
MO    DIR      STDY     105.00-107.00  120  STDY-1 LR 80-89      88-93    .
VOLUME: IL  - 11,160  / IN/OH -  24,232 / IA/MN ?  69,642
NEG   : WCB* - 4,778  /  ECB* -   6,406 / IA/MN -   3,348 / NAT'L  11,184
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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