DTN HOG CLOSE/TRENDS       05/16/24

DAILY DIRECT HOGS.

BASE MARKET HOG               AVG     CHANGE
 EASTERN CORNBELT           $89.00     -0.57
 WESTERN CORNBELT           $89.53     +0.71
 IOWA/MINNESOTA             $89.56     +0.15
                 RANGE        AVG     CHANGE
 NATIONAL    $83.50-$90.00  $89.33     +0.60
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%
05/15    70,988    213.19    88.21     90.09     91.90
NATIONAL DAILY PORK REPORT FOB PLANT - NEGOTIATED SALES
 209.37 lds cuts         CARCASS  $100.27   -1.43
  33.03 lds trim         LOIN     $101.60   -0.63
                         BUTT     $131.13   -0.57
 242.40 total lds        PIC      $ 76.18   -0.81
                         RIB      $175.70   -1.45
                         HAM      $ 82.91   -3.55
                         BELLY    $123.56   -0.36
PORK TRIMMINGS:
                42% Trim Combo    $ 57.25
                72% Trim Combo    $ 99.40
FI KILL(WTD) THU 479(1900) WK AGO 472(1908) YR AGO 471(1873)
LOCATION       TREND    BAR/GILTS     HEAD SOW TREND LT SOWS HVY SOWS  BOARS
*DORCHSTR, WI  Steady     50.00        460  Steady    33-34   35-36    10.00
*GARNAVILLO,IA Market Closed Today
*RED OAK, IA   Steady     59.00        100  Lower     No Test 36-39     3-29
*ILLINOIS SLAUGHTER SOWS & BOARS       .    .         .       .        .
***Dorchester & Garnavillo are now Premise ID Hogs Only***
* = Private Source(not necessarily a terminal);
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  $89.00 0.57 Hr  / 32.00-53.97  32.00-55.41 (Prior Day)
WCB* WA  $89.53 0.71 Hr  / 22.00-54.50  38.60-56.93 (Prior Day)
IA/MN WA $89.56 0.15 Hr  / 22.00-52.00  38.60-56.93 (Prior Day)
NAT'L WA $89.33 0.03 Lr  / 22.00-54.50  32.00-56.93 (Prior Day)
NAT'L BAR/GILTS FULL RANGE: $83.50-$90.00 /  #HEAD   2,678
  **** Trend is the difference between AM and PM reports ****
VOLUME BY STATE OF ORIGIN:  IL  -  21,661 / IN/OH - 34,650 / IA/MN - 149,094
NEG VOLUME BY PURCHASE TYPE: ESTIMATED - NAT'L  3,446 / ACTAL TODAY:  3,446
WCB, ECB, IA/MN and Nat'l are all plant delivered. (WA=Weighted Average; 
NEG=Negotiated; WCB*=Western Cornbelt; ECB*=Eastern Cornbelt)