LM—HG209Des Moines, Iowa Fri, Mar 28, 2014 USDA Market NewsEASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGINPLANT DELIVERED PURCHASE DATA FOR Friday, March 28, 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 4,567 2,048 2,549 780Other Market Formula 7,405 930 13,160 7,172Swine or Pork Market Formula 32,229 3,998 6,952 2,446Other Purchase Arrangement 16,675 6,155 5,866 2,369Packer Sold (all purchase types) 165 0 0 0--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 1,625Compared to Prior Day's closing weighted average (LM—HG207), 0.90 higherBase Price Range $123.00 - $129.01, Weighted Average $124.64Base 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/ 2.70.4 126.00 136.58 127.50 138.19 128.50 141.52 129.50 143.99 130.00 146.460.5 123.00 134.36 126.00 135.96 128.50 139.30 129.00 141.77 130.00 144.240.6 123.00 132.13 126.00 133.74 127.50 137.07 128.50 139.54 129.50 142.010.7 123.00 131.26 123.00 132.01 126.00 134.85 128.50 137.32 129.00 139.790.8 122.00 130.51 123.00 131.26 126.00 132.63 127.50 135.10 129.00 137.570.9 122.00 129.76 123.00 130.51 123.00 131.26 126.00 132.88 128.50 135.351.0 120.00 128.01 122.00 129.76 123.00 130.51 126.00 131.26 127.50 133.121.1 119.00 126.51 122.00 128.01 123.00 129.76 123.00 130.51 127.50 131.261.2 117.32 124.01 118.92 126.51 122.00 128.01 123.00 129.76 126.00 130.511.4 108.67 124.01 110.28 124.01 113.61 124.01 116.08 126.51 118.55 128.01--------------------------------------------------------------------------------CARCASS WEIGHT DIFFERENTIALS145# -20.00-12.35 175# -1.50 0.00 205# -9.88 0.00155# -11.82 0.00 185# 0.00 0.00 215# -9.88 0.00165# -5.00 0.00 195# -2.47 0.00 225# -9.88 0.00--------------------------------------------------------------------------------MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED5-Day Rolling Average Market Hog: 202.87 lb carcass, 0.72 inch back-fat,7.21 square inch loin/2.40 inch loin depth, FFLI: 51.92%Price Range $128.50 - $137.32--------------------------------------------------------------------------------SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 2,948Base Price Range $123.74 - $134.13, Weighted Average $127.77--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (live basis, 240-300 lbs): 423Compared to Prior Day's closing weighted average (LM—HG207), 1.00 lowerPrice Range $90.48 - $102.00, Weighted Average $99.63--------------------------------------------------------------------------------BARROWS & GILTS PURCHASE BY STATE OF ORIGINIllinois 693 Indiana 3,150Kentucky 710 Michigan 695New York 90 Ohio 5,380Pennsylvania 530 South Carolina 176Wisconsin 493--------------------------------------------------------------------------------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.