LM—HG209Des Moines, Iowa Thu, Feb 27, 2014 USDA Market NewsEASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGINPLANT DELIVERED PURCHASE DATA FOR Thursday, February 27, 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 6,387 4,282 3,075 3,170Other Market Formula 4,965 1,140 3,528 1,728Swine or Pork Market Formula 31,568 4,112 5,369 3,201Other Purchase Arrangement 15,659 3,784 4,653 4,615Packer Sold (all purchase types) 330 0 0 0--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 5,082Compared to Prior Day's closing weighted average (LM—HG207), 3.35 higherBase Price Range $92.89 - $98.00, Weighted Average $95.41Base 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 97.50 102.74 99.00 103.94 99.00 106.45 100.00 108.31 100.00 110.170.5 96.00 101.06 97.50 102.27 97.50 104.78 99.00 106.64 99.00 108.500.6 96.00 99.39 96.00 100.60 97.50 103.11 97.50 104.97 99.00 106.820.7 94.50 98.00 94.50 98.93 96.00 101.44 96.00 103.29 97.50 105.150.8 93.50 97.50 94.50 98.00 94.50 99.76 94.50 101.62 96.00 103.480.9 91.50 97.00 93.50 97.50 93.50 98.50 94.50 99.95 94.50 101.811.0 91.50 95.00 91.50 97.00 91.50 98.00 93.50 99.00 94.50 100.501.1 89.50 93.00 89.50 95.00 91.50 97.50 91.50 98.50 93.50 99.501.2 87.50 90.00 87.50 93.00 89.50 97.00 89.50 98.00 91.50 99.001.4 81.50 89.26 82.95 90.00 84.50 93.00 87.32 97.00 87.50 98.00--------------------------------------------------------------------------------CARCASS WEIGHT DIFFERENTIALS145# -32.00 -9.29 175# -4.00 1.00 205# -7.43 3.00155# -30.00 0.00 185# -1.00 1.50 215# -7.43 3.00165# -15.00 0.00 195# -1.86 3.00 225# -7.43 1.00--------------------------------------------------------------------------------MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED5-Day Rolling Average Market Hog: 194.95 lb carcass, 0.69 inch back-fat,7.17 square inch loin/2.39 inch loin depth, FFLI: 52.42%Price Range $96.00 - $103.29--------------------------------------------------------------------------------SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 4,174Base Price Range $88.99 - $99.67, Weighted Average $93.44--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (live basis, 240-300 lbs): 0--------------------------------------------------------------------------------BARROWS & GILTS PURCHASE BY STATE OF ORIGINIllinois 4,278 Indiana 1,648Kentucky 185 Michigan 960New York 360 Ohio 4,346Pennsylvania 875 South Carolina 168Wisconsin 330--------------------------------------------------------------------------------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.