DTN HOG CLOSE/TRENDS       09/25/26

DAILY DIRECT AFTERNOON HOGS.
BASE MARKET HOG
WEIGHTED AVERAGE       9/25     9/24    CHANGE
 EASTERN CORNBELT         ---      ---
 WESTERN CORNBELT    $   79.25 $  79.01     0.24
 IOWA/MINNESOTA      $   79.51 $  79.24     0.27
                                         CHANGE   RANGE
NATIONAL             $   78.68 $  78.95    -0.27   70.00   84.00
SPECS - .65-1.1" back-fat, 6 square inch loin 4 2.0 depth.
NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST
NATIONAL DAILY HOG CARCASS (All Purchase Types)
             HEAD   Average     Base
Update Date  COUNT  Carcass Wt  Price
  9/25/2026   33,680    217.77 $  80.20
NATIONAL DAILY PORK REPORT FOB PLANT - NEGOTIATED SALES
                                9/25      9/24   Change
                    lds cuts   234.41     231.27
                    lds trims   39.24      22.98

                    TTL Loads    273.65   254.25
                      CARCASS     86.74    86.10    0.64
                         LOIN     85.36    86.30   -0.94
                         BUTT    107.30   108.90   -1.60
                          PIC     66.19    66.61   -0.42
                          RIB    149.59   150.28   -0.69
                          HAM     83.73    86.19   -2.46
                        BELLY     94.72    86.91    7.81
PORK TRIMMINGS:
           42% Trim Combo      $  75.31     ---  #VALUE!
           72% Trim Combo      $  88.65  $ 89.96   -1.31
Federally Inspected Slaughter and Weighted Average
       9/25Fri             485  WK Ago       477 YR AGO      465
in ,000 heaWTD:          2,407             2,404           2,399

                       BARROWS          SOW        LIGHT   HEAVY
LOCATIOTREND        /GILTS     HEAD TREND       SOWS    SOWS    BOARS
*DORCHSTR,      Stdy     60.00   360.00 Stdy       54.00   60.00   19.00
*RED OAK, IA
*ILLINOIS 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.
                                                                Updated:
                                                                9/25/2026
LOCATION          TREND          LT SOWS         HVY SOWS   
  ECB* WA         *          0    59.00-74.77      65.91-  77.69(PREV DAY)
  WCB* WA   $  79.25      0.24    30.00-77.00      67.00-  76.25(PREV DAY)
  IA/MN WA  $  79.51      0.27    30.00-77.00      68.00-  76.25(PREV DAY)
  NATL WA   $  78.68     -0.27    30.00-77.00      62.71-  77.69(PREV DAY)
NATIONAL BARROWS AND GUILTS:                            9/25/2026
           FULL RANGE             88.00-94.00            HEAD     4,752
VOLUME BY STATE OF ORIGIN:
                            IA  54,695     IN/OH
                            IL  16,281   35,131
                            IN  13,646
                            MN  41,008     IA/MN
                            OH  21,485   95,703

NEGOTIATED VOLUME BY PURCHASE TYPE:      9/25/26
           EST NATL:    2,520           ACTUAL T  2,520
WCB, ECB, IA/MN and Natl are all plant delivered. (WA=Weighted Average;
NEG=Negotiated; WCB*=Western Cornbelt; ECB*=Eastern Cornbelt)