LM—HG209Des Moines, Iowa Thu, Jul 24, 2014 USDA Market NewsEASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGINPLANT DELIVERED PURCHASE DATA FOR Thursday, July 24, 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 7,975 5,353 2,077 2,860Other Market Formula 4,300 1,585 2,569 10,545Swine or Pork Market Formula 27,332 8,163 7,399 4,367Other Purchase Arrangement 15,377 4,922 4,264 4,267Packer Sold (all purchase types) 0 0 0 0--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 3,085Compared to Prior Day's closing weighted average (LM—HG207), 1.11 lowerBase Price Range $122.30 - $124.55, Weighted Average $123.68Base 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/ 2.70.4 127.51 136.79 128.51 138.40 129.51 141.74 130.01 144.21 130.01 146.680.5 124.55 134.56 127.51 136.17 128.51 139.51 129.51 141.98 130.01 144.460.6 124.55 132.34 127.01 133.95 127.51 137.28 128.51 139.76 130.01 142.230.7 124.55 130.11 124.55 131.72 127.01 135.06 127.51 137.53 129.51 140.010.8 123.55 127.89 124.55 129.49 126.01 132.83 127.01 135.31 128.51 137.780.9 123.55 125.66 124.51 127.27 124.55 130.61 126.01 133.08 127.51 135.551.0 121.55 123.43 123.55 125.04 124.51 128.38 125.26 130.85 126.01 133.331.1 120.51 121.21 122.01 123.55 123.76 126.15 124.51 128.63 125.26 131.101.2 117.50 120.55 119.10 121.55 122.01 123.55 123.76 124.92 124.51 127.551.4 108.84 118.49 110.45 120.55 113.79 121.55 116.26 123.55 118.73 124.55--------------------------------------------------------------------------------CARCASS WEIGHT DIFFERENTIALS145# -30.00-12.37 175# -1.50 1.00 205# -9.89 3.00155# -30.00 0.00 185# 0.00 1.50 215# -9.89 3.00165# -15.00 0.00 195# -2.47 3.00 225# -9.89 1.00--------------------------------------------------------------------------------MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED5-Day Rolling Average Market Hog: 201.97 lb carcass, 0.75 inch back-fat,7.24 square inch loin/2.41 inch loin depth, FFLI: 51.48%Price Range $127.01 - $135.31--------------------------------------------------------------------------------SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 5,427Base Price Range $124.55 - $138.04, Weighted Average $127.16--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (live basis, 240-320 lbs): 2,259Compared to Prior Day's closing weighted average (LM—HG207), 0.54 higherPrice Range $95.00 - $101.60, Weighted Average $97.37--------------------------------------------------------------------------------BARROWS & GILTS PURCHASE BY STATE OF ORIGINIllinois 3,130 Indiana 4,020Kentucky 219 Michigan 1,173North Carolina 339 New York 175Ohio 7,797 Pennsylvania 1,475South Carolina 176--------------------------------------------------------------------------------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.