LM—HG209Des Moines, Iowa Mon, Mar 31, 2014 USDA Market NewsEASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGINPLANT DELIVERED PURCHASE DATA FOR Monday, March 31, 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 7,958 5,097 2,371 3,828Other Market Formula 20,720 13,098 4,914 0Swine or Pork Market Formula 35,827 5,232 4,458 5,750Other Purchase Arrangement 19,130 9,075 4,669 14,364Packer Sold (all purchase types) 183 0 0 0--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 2,740Compared to Prior Day's closing weighted average (LM—HG207), 1.02 lowerBase Price Range $114.00 - $125.00, Weighted Average $123.78Base 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/ 2.70.4 117.00 136.99 118.50 138.60 119.50 141.94 120.50 144.42 121.00 146.900.5 114.00 134.76 117.00 136.37 119.50 139.71 120.00 142.19 121.00 144.670.6 114.00 132.53 117.00 134.14 118.50 137.48 119.50 139.96 120.50 142.440.7 114.00 130.30 114.00 131.91 117.00 135.26 119.50 137.73 120.00 140.210.8 113.00 128.07 114.00 129.68 117.00 133.03 118.50 135.50 120.00 137.980.9 113.00 125.84 114.00 127.45 114.00 130.80 117.00 133.27 119.50 135.751.0 111.00 123.61 113.00 125.22 114.00 128.57 117.00 131.04 118.50 133.521.1 110.00 121.38 113.00 122.99 114.00 126.34 114.00 128.81 118.50 131.291.2 110.00 118.00 111.00 119.28 113.00 122.62 114.00 125.10 117.00 127.581.4 106.50 112.00 110.00 115.00 111.00 115.00 113.00 118.00 114.00 118.91--------------------------------------------------------------------------------CARCASS WEIGHT DIFFERENTIALS145# -30.00-12.39 175# -3.00 1.00 205# -9.91 3.00155# -30.00 0.00 185# 0.00 1.50 215# -9.91 3.00165# -15.00 0.00 195# -2.48 3.00 225# -9.91 1.00--------------------------------------------------------------------------------MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED5-Day Rolling Average Market Hog: 203.79 lb carcass, 0.72 inch back-fat,7.24 square inch loin/2.41 inch loin depth, FFLI: 51.93%Price Range $119.50 - $137.73--------------------------------------------------------------------------------SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 4,277Base Price Range $124.48 - $131.32, Weighted Average $126.20--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (live basis, 240-300 lbs): 633Compared to Prior Day's closing weighted average (LM—HG207), 0.05 higherPrice Range $99.00 - $100.82, Weighted Average $99.84--------------------------------------------------------------------------------BARROWS & GILTS PURCHASE BY STATE OF ORIGINIllinois 2,203 Indiana 4,544Kentucky 1,837 Michigan 1,279New York 180 Ohio 18,360Pennsylvania 710 Wisconsin 367--------------------------------------------------------------------------------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.