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                           DTN HOG CLOSE/TRENDS       09/22/17

DAILY DIRECT HOGS.

BASE MARKET HOG       RANGE         AVG    CHANGE
WESTERN CORNBELT  $43.00-$50.50  $ 48.94    -0.52
EASTERN CORNBELT  NA Due to Confidentiality
IOWA/MINNESOTA    $46.00-$50.50  $ 49.08    -0.35
NATIONAL          $43.00-$50.50  $ 48.70    -0.39
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%
09/21    94,961    211.75   $53.38    $55.24    $57.04
PORK CUTS                  CUTOUT/PRIMAL VALUES
 235.77 lds cuts         CARCASS $ 72.70    -0.34
  30.84 lds trim         LOIN    $ 77.19    -0.92
                         BUTT    $ 83.53    -0.86
 266.61 Total Lds        PIC     $ 56.86    +1.77
                         RIB     $117.35    +0.14
                         HAM     $ 59.83    +0.56 
                         BELLY   $ 92.31    -2.30 
PORK TRIMMINGS:
                42% Trim Combo   $ 32.87
                72% Trim Combo   $ 61.78
FI KILL(WTD) FRI 455(2271)  WK AGO 447(2253) YR AGO 433(2189)
             SAT 230(2501)  WK AGO 179(2432) YR AGO 284(2473)
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS 
*DORCHSTR, WI  Steady      38.00      380   Steady    30.00      36.00    15-19
ZUMBROTA,MN P  No Market on Friday's 
*GARNAVILLO,IA Steady      40.00       80   Steady    30.00      36.00    15-20
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  48.94 0.05 Lr  43.00-50.50  6,662 (Prior Day)27.00-48.00 33.73-50.00
ECB* WA  NA Due to confidentiality   2,035 (Prior Day)30.59-48.50 35.86-49.50
IA/MN WA 49.08 0.04 Lr  46.00-50.50  6,333 (Prior Day)27.00-48.00 33.73-50.00
NAT'L WA 48.70 0.15 Lr  43.00-50.50  8,697 (Prior Day)27.00-48.50 33.73-50.00
IL                                     525  Weak      20-28      26-32    5-18
MO    DIR      Steady   43.00-46.00     25  Steady    20-25      24-30    .
VOLUME: IL  - 18,910  / IN/OH -  38,469 / IA/MN - 165,349
NEG:   WCB* -  4,945  /  ECB* -   3,002 / IA/MN -   4,514 / NAT'L   7,947
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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