DTN HOG CLOSE/TRENDS       01/25/21

DAILY DIRECT HOGS.
BASE MARKET HOG              AVG    CHANGE
EASTERN CORNBELT           $NA Confidentiality
WESTERN CORNBELT           $54.59   -0.48
IOWA/MINNESOTA             $54.33   -0.04
                RANGE        AVG    CHANGE
NATIONAL    $48.00-$55.95  $55.30   -0.16
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%
01/22   154,423    219.17   62.73     64.57     66.32
PORK CUTS                  CUTOUT/PRIMAL VALUES.
 279.85 lds cuts         CARCASS  $ 82.13   -0.70
  27.93 lds trim         LOIN     $ 79.35   +0.75
                         BUTT     $ 71.76   -0.67
 307.79 Total Lds        PIC      $ 53.49   +5.90
                         RIB      $154.31   +4.99
                         HAM      $ 71.05   +0.03
                         BELLY    $125.15   -7.40
PORK TRIMMINGS:
                42% Trim Combo    $ 25.50
                72% Trim Combo    $ 78.78
FI KILL(WTD) MON 486( 486) WK AGO 427( 427) YR AGO 499( 499)
LOCATION       TREND    BAR/GILTS    HEAD  SOW TREND LT SOWS HVY SOWS BOARS
*DORCHSTR, WI  No Comp    40.00       435  No Comp   36-42   43-48    18-24
*GARNAVILLO,IA No Comp    40.00       220  No Comp   36-42   43-48    18-24
*RED OAK, IA   Sales are on the 1st & 3rd Wednesday of each month
*WALKER SB, IA Sales are on the 1st & 3rd Wed of each month & reported on Thu 
+ILLINOIS SLAUGHTER SOWS & BOARS  -  Not Available
* = Private Source(not necessarily a terminal); + = Closing report; 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       LT SOWS     HVY SOWS
ECB* WA  $NA Confident   /  35.00-51.00 44.00-52.00(Prior Day)
WCB* WA  $54.59          /  30.00-52.50 38.04-52.50(Prior Day)
IA/MN WA $54.33          /  30.00-50.75 38.04-52.50(Prior Day)
NAT'L WA $55.30 0.16 Lr  /  30.00-52.50 38.04-52.50(Prior Day)
NAT'L BAR/GILTS FULL RANGE  48.00-55.95 /  #HEAD  6,373   
VOLUME BY STATE OF ORIGIN: IL  - 28,450 / IN/OH -  30,812 / IA/MN - 293,469
NEG VOLUME BY PURCHASE TYPE: ESTIMATED - NAT'L  7,753 / ACTUAL TODAY: 7,753
WCB, ECB, IA/MN and Nat'l are all plant delivered. (WA=Weighted Average; 
NEG=Negotiated; WCB*=Western Cornbelt; ECB*=Eastern Cornbelt)