LM—HG209Des Moines, Iowa Tue, Jan 28, 2014 USDA Market NewsEASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGINPLANT DELIVERED PURCHASE DATA FOR Tuesday, January 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 5,690 3,395 3,050 4,537Other Market Formula 1,758 173 515 175Swine or Pork Market Formula 31,513 3,001 4,003 6,091Other Purchase Arrangement 14,460 3,615 5,821 4,931Packer Sold (all purchase types) 825 0 0 0--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 3,275Compared to Prior Day's closing weighted average (LM—HG207), 0.23 higherBase Price Range $77.14 - $80.50, Weighted Average $77.50Base 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 79.50 85.32 80.50 86.32 81.50 88.40 80.00 89.95 80.00 91.490.5 79.00 83.93 79.50 84.93 81.50 87.01 80.00 88.56 80.00 90.100.6 78.50 82.54 79.00 83.54 80.50 85.63 81.50 87.17 80.00 88.710.7 78.00 81.15 78.50 82.15 79.50 84.24 81.50 85.78 80.00 87.320.8 77.50 80.00 78.00 80.77 79.00 82.85 80.50 84.39 81.50 85.930.9 77.00 79.25 77.50 80.00 78.50 81.46 79.50 83.00 80.50 84.551.0 75.00 77.50 77.00 79.25 77.50 80.07 79.00 81.61 80.50 83.161.1 73.00 76.00 75.00 77.50 77.50 79.25 77.50 80.23 79.50 81.771.2 70.00 73.50 73.00 76.00 75.50 77.50 75.50 79.25 77.50 80.001.4 65.00 73.50 68.89 73.50 70.50 73.50 72.51 77.00 73.50 78.00--------------------------------------------------------------------------------CARCASS WEIGHT DIFFERENTIALS145# -32.00 -7.71 175# -4.00 0.00 205# -6.17 0.00155# -19.00 0.00 185# -1.00 0.00 215# -6.17 0.00165# -9.00 0.00 195# -1.54 0.00 225# -6.17 0.00--------------------------------------------------------------------------------MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED5-Day Rolling Average Market Hog: 196.73 lb carcass, 0.67 inch back-fat,7.11 square inch loin/2.37 inch loin depth, FFLI: 52.68%Price Range $81.50 - $85.78--------------------------------------------------------------------------------SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 2,183Base Price Range $76.26 - $84.65, Weighted Average $79.54--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (live basis, 240-300 lbs): 120*Price not reported due to confidentiality*--------------------------------------------------------------------------------BARROWS & GILTS PURCHASE BY STATE OF ORIGINIllinois 290 Indiana 543Michigan 1,514 North Carolina 153New York 350 Ohio 3,990Pennsylvania 1,215 Wisconsin 76--------------------------------------------------------------------------------*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