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                           DTN HOG CLOSE/TRENDS       01/14/26

DAILY DIRECT HOGS.

BASE MARKET HOG                AVG     CHANGE
 EASTERN CORNBELT            $NA Confidentiality
 WESTERN CORNBELT            $80.34    $10.34
 IOWA/MINNESOTA              $80.34    $10.34
                 RANGE         AVG     CHANGE
 NATIONAL   $69.00-$82.00    $80.29    $10.29
SPECS - .65-1.1" back-fat, 6 square inch loin 4 2.0 depth.
NATIONAL DAILY HOG CARCASS (All Purchase Types)
    DATE    HD COUNT    AVG WT   BASE PRICE  
    01/13    30,649     217.21      79.97
NATIONAL DAILY PORK REPORT FOB PLANT - NEGOTIATED SALES
 278.88 lds cuts         CARCASS  $ 91.29   -0.51
  65.56 lds trim         LOIN     $ 83.15   -1.59
                         BUTT     $106.21   -2.20
 344.44 total lds        PIC      $ 71.35   +0.38
                         RIB      $178.85   -0.64
                         HAM      $ 83.35   +1.09
                         BELLY    $121.02   -1.83
PORK TRIMMINGS:
                42% Trim Combo    $ 57.28
                72% Trim Combo    $107.59
FI KILL(WTD) WED 495(1481)  WK AGO 488(1481)  YR AGO 484(1442)
             ***** REVISION ** TUE 489( 986) ** REVISION *****
LOCATION       TREND    BAR/GILTS     HEAD SOW TREND LT SOWS HVY SOWS BOARS
*DORCHSTR, WI  Steady     42.00        390  Steady    42.00   48.00   16.00
*RED OAK, IA   Sales take place every first and third Wednesday of the month
*ILLINOIS SLAUGHTER SOWS & BOARS       .    .         .       .       .
***Dorchester is Premise ID Hogs Only***
* = Private Source(not necessarily a terminal);
NA Confident = Not Available due to Confidentiality;
No Comp = No Comparison;
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   / 38.75-71.00  52.21-71.00 (Prior Day)
WCB* WA  $80.34 No Comp  / 30.00-71.00  44.25-71.00 (Prior Day)
IA/MN WA $80.34 No Comp  / 30.00-71.00  44.25-71.00 (Prior Day)
NAT'L WA $80.29 No Comp  / 30.00-71.00  44.25-71.00 (Prior Day)
NAT'L BAR/GILTS FULL RANGE: $69.00-$82.00 /  #HEAD   1,938
      **The trend is the difference between the AM & PM Reports**
VOLUME BY STATE OF ORIGIN:  IL - 15,946 / IN/OH - 29,374  / IA/MN - 126,106
NEG VOLUME BY PURCHASE TYPE: ESTIMATED - NAT'L  3,955 / ACTUAL TODAY: 3,955
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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“88 HEDGE” is a dba of CIH Trading, LLC listed with the NFA. The information contained in this publication is taken from sources believed to be reliable but is not guaranteed by 88 Hedge or CIH Trading, LLC, nor any affiliates, as to accuracy or completeness, and is intended for purposes of information and education only. Nothing therein should be considered as a trading recommendation. There is a risk of loss in futures and option trading. Past performance is not indicative of future results.
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