LM—HG209Des Moines, Iowa Tue, Feb 25, 2014 USDA Market NewsEASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGINPLANT DELIVERED PURCHASE DATA FOR Tuesday, February 25, 2014 (As of 9:30 AM)CURRENT VOLUME BY PURCHASE TYPEBARROWS & GILTS LIVE AND CARCASS BASISEstimated Actual Actual ActualToday Today Week Ago Year AgoProducer SoldNegotiated 5,175 2,955 2,775 3,004Other Market Formula 4,901 1,216 828 345Swine or Pork Market Formula 32,229 4,323 4,283 3,760Other Purchase Arrangement 13,166 3,611 4,119 5,842Packer Sold (all purchase types) 165 0 0 0--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 2,945Compared to Prior Day's closing weighted average (LM—HG207), 1.26 higherBase Price Range $82.00 - $91.25, Weighted Average $90.26Base Price is the price from which no discounts aresubtracted and no premiums are added.--------------------------------------------------------------------------------EASTERN CORNBELT DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIXREPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMSbased on both Fat and Muscle Measurements for a 200 lb Carcass BasisLOIN AREA/DEPTH (INCHES)BF 4.0/ 1.4 5.0/ 1.7 6.0/ 2.0 7.0/ 2.3 8.0/ 2.70.4 85.00 99.79 86.50 100.97 87.50 103.40 88.50 105.21 89.00 107.010.5 82.00 98.17 85.00 99.34 87.50 101.78 88.00 103.58 89.00 105.390.6 82.00 96.55 85.00 97.72 86.50 100.16 87.50 101.96 88.50 103.760.7 82.00 94.92 82.00 96.10 85.00 98.53 87.50 100.34 88.00 102.140.8 81.00 93.30 82.00 94.47 85.00 96.91 86.50 98.71 88.00 100.520.9 81.00 92.00 82.00 92.85 82.00 95.28 85.00 97.09 87.50 98.891.0 79.00 90.25 81.00 92.00 82.00 93.66 85.00 95.46 86.50 97.271.1 78.00 88.75 81.00 90.25 82.00 92.03 82.00 93.84 86.50 95.641.2 78.00 86.25 79.00 88.75 81.00 90.25 82.00 92.00 85.00 92.941.4 74.50 86.25 78.00 86.25 79.00 86.25 81.00 88.75 82.00 90.25--------------------------------------------------------------------------------CARCASS WEIGHT DIFFERENTIALS145# -20.00 -9.02 175# -1.50 0.00 205# -7.22 0.00155# -11.82 0.00 185# 0.00 0.00 215# -7.22 0.00165# -5.00 0.00 195# -1.80 0.00 225# -7.22 0.00--------------------------------------------------------------------------------MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED5-Day Rolling Average Market Hog: 197.06 lb carcass, 0.69 inch back-fat,7.27 square inch loin/2.42 inch loin depth, FFLI: 52.46%Price Range $87.50 - $100.34--------------------------------------------------------------------------------SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 4,784Base Price Range $88.10 - $96.28, Weighted Average $90.75--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (live basis, 240-300 lbs): 40*Price not reported due to confidentiality*--------------------------------------------------------------------------------BARROWS & GILTS PURCHASE BY STATE OF ORIGINIllinois 1,899 Indiana 1,546Kentucky 1,065 Michigan 1,900New York 530 Ohio 4,001Pennsylvania 710 Tennessee 166Wisconsin 266--------------------------------------------------------------------------------*For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines*Source: USDA Market News Service, Des Moines, IA515-284-4460 email: desm.lpgmn@usda.gov24 Hour recorded market information 515-284-4830www.ams.usda.gov/LSMarketNews1100C.