LM—HG209Des Moines, Iowa Mon, Jul 28, 2014 USDA Market NewsEASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGINPLANT DELIVERED PURCHASE DATA FOR Monday, July 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 5,846 3,197 3,086 3,305Other Market Formula 6,914 3,920 1,512 3,024Swine or Pork Market Formula 36,672 4,494 5,217 5,008Other Purchase Arrangement 16,177 4,865 7,897 6,352Packer Sold (all purchase types) 0 0 0 0--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 2,963Compared to Prior Day's closing weighted average (LM—HG207), 1.28 lowerBase Price Range $121.00 - $123.01, Weighted Average $121.14Base 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/ 2.70.4 124.00 133.93 125.50 135.50 125.50 138.77 127.00 141.19 127.00 143.610.5 122.50 131.75 124.00 133.32 124.00 136.59 125.50 139.01 125.50 141.430.6 122.50 129.57 122.50 131.14 124.00 134.41 124.00 136.83 125.50 139.250.7 121.00 127.39 121.00 128.96 122.50 132.23 122.50 134.65 124.00 137.070.8 120.00 125.21 121.00 126.78 121.00 130.05 121.00 132.47 122.50 134.890.9 118.00 123.76 120.00 124.60 120.00 127.87 121.00 130.29 121.00 132.711.0 118.00 122.01 118.00 123.76 118.00 125.69 120.00 128.11 121.00 130.541.1 116.00 120.51 116.00 122.01 118.00 123.76 118.00 125.93 120.00 128.361.2 114.00 118.01 114.00 120.51 116.00 122.01 116.00 123.76 118.00 124.721.4 106.56 118.01 108.13 118.01 111.00 118.01 113.82 120.51 114.00 122.01--------------------------------------------------------------------------------CARCASS WEIGHT DIFFERENTIALS145# -30.00-12.11 175# -3.00 1.00 205# -9.69 3.00155# -30.00 0.00 185# 0.00 1.50 215# -9.69 3.00165# -15.00 0.00 195# -2.42 3.00 225# -9.69 1.00--------------------------------------------------------------------------------MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED5-Day Rolling Average Market Hog: 199.70 lb carcass, 0.73 inch back-fat,7.24 square inch loin/2.41 inch loin depth, FFLI: 51.79%Price Range $122.50 - $134.65--------------------------------------------------------------------------------SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)Barrows & Gilts (carcass basis): 2,816Base Price Range $121.43 - $130.26, Weighted Average $123.73--------------------------------------------------------------------------------NEGOTIATED PURCHASE (Including Packer Sold)Barrows & Gilts (live basis, 240-320 lbs): 394Compared to Prior Day's closing weighted average (LM—HG207), 0.59 higherPrice Range $94.00 - $98.00, Weighted Average $96.86--------------------------------------------------------------------------------BARROWS & GILTS PURCHASE BY STATE OF ORIGINIllinois 2,553 Indiana 3,149Kentucky 198 Michigan 1,375Ohio 8,331 Pennsylvania 535Tennessee 129--------------------------------------------------------------------------------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.