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St Joseph, MO Fri, Oct 11, 2019 USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Friday 10/11/2019 (est) 117,000 2,000 488,000 7,000
Week ago (est) 108,000 2,000 487,000 5,000
Year ago (act) 114,000 3,000 459,000 7,000
Week to date (est) 584,000 10,000 2,440,000 38,000
Same Period Last Week (est) 575,000 10,000 2,444,000 36,000
Same Period Last Year (act) 587,000 13,000 2,327,000 38,000
Saturday 10/12/2019 (est) 61,000 0 285,000 1,000
Week ago (est) 64,000 0 225,000 1,000
Year ago (act) 60,000 0 169,000 0
Week to date (est) 645,000 10,000 2,725,000 39,000
Same Period Last Week (est) 639,000 10,000 2,669,000 37,000
Same Period Last Year*(act) 647,000 11,000 2,497,000 38,000
2019 Year to Date 25,855,00 447,000 99,265,000 1,576,000
2018 *Year to Date 25,591,00 434,000 95,741,000 1,549,000
Percent change 1.0% 3.1% 3.7% 1.7%
2019 *Totals subject to revision
2018 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated Steer and Heifer Cow and Bull
Thursday 91,000 26,000
INDEX
10/10 10/09 10/08 10/07 10/04 10/03 10/02
CATFAX FED 6 STATE 107.60 107.39 107.33 107.32 107.32 105.10 104.41
CATFAX FED 3 STATE 107.00 106.69 106.60 106.60 106.60 104.34 103.42
CME FEEDER 143.63+144.65 144.45+144.41 144.43 143.59 142.92
CME LEAN HOG *61.18 60.65 60.12 59.59 59.22 59.23 58.72
3 Area LEAN HOG 58.86 58.66 57.86 57.48 57.01 56.49 56.73
**NA = Not Available Due to Packer Submission Issues.
+ Before the CME Feeder price indicates a revision by the CME.
*DTN projected Lean Hog Index, is only an estimate that may vary one
or two cents from actual.
NOTES: 3 AREA LEAN: 3 area lean value base cost for 51-52% lean hogs
CATFAX FED 6 STATES: Iowa, Colorado, Kansas, Nebraska, Texas, and Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, and Oklahoma
PORK
Des Moines, IA Fri, Oct 11, 2019 USDA Market News
10/11 AM CARCASS CUTOUT - $ 79.28 CHANGE +2.37 TOTAL LD COUNT 214.86
10/11 PM CARCASS CUTOUT - $ 77.52 CHANGE +0.61 TOTAL LD COUNT 339.92
CARLOT PORK - OPEN 10/11 CARLOT PORK - CLOSE 10/11
LOADS - CUTS 197.17 TRIM 17.69 LOADS - CUTS 301.71 TRIM 38.21
LOINS 1/4" Trim VAC 90.78 LOINS 1/4" Trim VAC 90.24
LOINS BNLS CC Strap On 118.05 LOINS BNLS CC Strap On 118.27
HAMS - Trm Sel 17-20# No Test HAMS - Trm Sel 17-20# 60.95
Trm Sel 20-23# 61.38 Trm Sel 20-23# 61.39
Trm Sel 23-27# 55.53 Trm Sel 23-27# 56.23
BELLIES Skn-on 10-12# 213.77 BELLIES Skn-on 10-12# 217.98
BOXED Skn-on 12-14# No Test BOXED Skn-on 12-14# 194.88
BEEF
Des Moines, IA Fri, Oct 11, 2019 USDA Market News
NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Afternoon - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm
Based on negotiated prices and volume of boxed beef cuts delivered within 0-21
days and on average industry cutting yields. Values reflect U.S. dollars per
100 pounds.
Boxed beef cutout values steady on Choice and higher on Select on moderate to
fairly good demand and light offerings. Select and Choice chuck and round
cuts steady to weak while loin cuts firm. Choice rib cuts steady while Select
higher. Beef trimmings sharply higher on good demand and heavy offerings.
BEEF CUTOUTS - OPEN 10/11 BEEF CUTOUTS - CLOSE 10/11
CH 600-900# $215.88 +0.25 CH 600-900# $215.66 +0.03
SE 600-900# $188.15 +1.49 SE 600-900# $188.68 +2.02
LOADS 25.16 - Choice Cuts LOADS 35.84 - Choice Cuts
11.08 - Select Cuts 25.35 - Select Cuts
13.70 - Trimmings 20.73 - Trimmings
15.26 - Coarse Grinds 28.53 - Coarse Grinds
POULTRY
10/11 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent
processor offering prices on a national basis (for current deliveries).
8-16 lb hens $92 to $100 cents FOB
16-24 lb toms $92 to $100 cents FOB
10/10 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 10/05 Week Ago Yr Ago
175,426 175,151 167,488
10/11 - Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Week Ending: 10/11 Week Ago Yr Ago
$ 78.71 $ 79.61 $ 83.32
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: September - $ 76.92
10/09 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 10/05 - 219 million, up 1% from a year ago
Chick placement for the week ending 10/05 - 179 million, up 5% from a year ago
10/11 - Daily New York Eggs
Prices are steady. The undertone is steady to full steady. Supplies are mixed,
usually adequate to instances ample for needs. Offerings are light to moderate.
Demand is light to moderate. Market activity is moderate.
Extra Large 74-78
Large 72-76
Medium 62-66
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