DTN HOG CLOSE/TRENDS        11/20/09

DAILY DIRECT HOGS.

BASE MARKET HOG      RANGE          AVG      CHANGE
WESTERN CORNBELT     44.00-54.00   $51.81    +1.10     
EASTERN CORNBELT     44.75-53.00   $50.17    + .41
IOWA/MINNESOTA       44.50-54.00   $51.62    + .94
NATIONAL             44.00-54.00   $51.31    + .93
SPECS - .9-1.1" back-fat, 6 square inch loin / 2.0 depth.
NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST
DATE    HD COUNT  AVG WT   49-50%   51-52%   53-54%
11/19   178,174   202.40   $51.06   $52.81   $54.69
NOTE USDA REVISIONS TO CHANGES IN PRIMAL VALUES.
PORK CUTS               CUTOUT/PRIMAL VALUES
 42.63 lds cuts         CARCASS     58.21    +1.27
  8.0  lds trim         LOIN        63.79    - .11
 TRADE: Slow w/         BUTT        63.94    +1.35
 Light-moderate         PIC         45.04    + .42
 Demand& mostly         RIB         87.80    + .16
 Light offers           HAM         52.77    +4.43
                        BELLY       70.79    Unchg
PORK TRIMMINGS:
            42% Fresh   0.0 loads   00.00    Steady
            72% Fresh   8.0 loads   48.00
FI KILL(WTD) FRI 427(2159) WK AGO 413(2105) YR AGO 429(2173)
             SAT 163(2322) WK AGO 185(2290) YR AGO 194(2368) 
LOCATION       TREND     BAR/GILTS    HEAD  SOW TREND LT SOWS    HVY SOWS BOARS 
PEORIA,IL P    1.00 Lr  32.00-34.00    350  Steady    32         35       7,13
ZUMBROTA,MN P  Steady   34.00-35.00    100  Steady    37-39      40-42    .
RED OAK, IA P  No Market on Thursday or Friday        .          .        .
ST JOSEPH, MO  No Market on Friday     .    .         .          .        .
SU FALLS, SD   Not tested    .         100  Not tested.          .        .
DORCHSTR, WI P 2.00 Lr     34.00       200  2-3 Lr    34         39       14-17
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  51.81  .48 Hr  44.00-54.00 12,296 (Prior Day)30.80-47   41-50.25 .
ECB* WA  50.17  .46 Hr  44.75-53.00  5,398 (Prior Day)31.38-46   40-51.50 .
IA/MN WA 51.62  .12 Hr  44.50-54.00  7,526 (Prior Day)30.80-47   41-50.25 .
NAT'L WA 51.31  .42 Hr  44.00-54.00 17,889 (Prior Day)30.80-47   40-51.50 .
IL                                     775  0-3 Lr    31-38      36-40    5-21
MO    DIR      Steady   47.00-48.00    250  Steady    33-36      37-43    .
VOLUME: IL - 21,443  IN/OH - 33,590  /  IA/MN - 123,642
NEG   : WCB* 14,241  /  ECB*  9,872  /  IA/MN -  7,691 /  NAT'L 24,113  
WCB, ECB, IA/MN and Nat'l are all plant delivered. (WA=Weighted Average; 
NEG=Negotiated; WCB*=Western Cornbelt; ECB*=Eastern Cornbelt)