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St Joseph, MO Fri, Jan 24, 2020 USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Friday 01/24/2020 (est) 122,000 2,000 494,000 4,000
Week ago (est) 116,000 2,000 440,000 4,000
Year ago (act) 117,000 3,000 469,000 7,000
Week to date (est) 612,000 11,000 2,388,000 36,000
Same Period Last Week (est) 604,000 11,000 2,430,000 37,000
Same Period Last Year (act) 583,000 11,000 2,275,000 37,000
Saturday 01/25/2020 (est) 35,000 0 332,000 1,000
Week ago (est) 27,000 0 70,000 1,000
Year ago (act) 25,000 0 212,000 1,000
Week to date (est) 647,000 11,000 2,720,000 37,000
Same Period Last Week (est) 631,000 11,000 2,500,000 38,000
Same Period Last Year*(act) 608,000 11,000 2,487,000 38,000
2020 Year to Date 2,250,000 39,000 9,313,000 127,000
2019 *Year to Date 2,323,000 44,000 9,386,000 138,000
Percent change -3.2% -12.2% -0.8% -7.9%
2020 *Totals subject to revision
2019 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated Steer and Heifer Cow and Bull
Thursday 96,000 26,000
INDEX
01/23 01/22 01/21 01/20 01/17 01/16 01/15
CATFAX FED 6 STATE 124.04 124.03 124.01 124.01 124.01 124.09 124.17
CATFAX FED 3 STATE 123.99 123.99 124.00 124.00 124.00 124.01 124.04
CME FEEDER 144.84 144.86 145.17 145.46 145.69 145.67 146.35
CME LEAN HOG *61.53 61.29 61.02 60.18 60.14 60.45 60.15
3 Area LEAN HOG 59.59 59.48 59.27 58.96 58.54 58.63 58.26
NA = Not Available
**NA = Not Available Due to Packer Submission Issues.
+ Before the CME Feeder price indicates a revision by the CME.
* = Projection. CME 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, Jan 24, 2020 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
01/24 AM CARCASS CUTOUT - $ 77.60 CHANGE -1.24 TOTAL LD COUNT 119.17
01/24 PM CARCASS CUTOUT - $ 77.38 CHANGE -1.46 TOTAL LD COUNT 298.26
CARLOT PORK - OPEN 01/24 CARLOT PORK - CLOSE 01/24
LOADS - CUTS 104.96 TRIM 14.21 LOADS - CUTS 266.40 TRIM 31.86
LOINS 1/4" Trim VAC 91.43 LOINS 1/4" Trim VAC 89.40
LOINS BNLS CC Strap On 108.80 LOINS BNLS CC Strap On 109.41
HAMS - Trm Sel 17-20# No Test HAMS - Trm Sel 17-20# No Test
Trm Sel 20-23# No Test Trm Sel 20-23# 81.02
Trm Sel 23-27# 78.20 Trm Sel 23-27# 78.33
BELLIES Skn-on 10-12# 214.47 BELLIES Skn-on 10-12# 218.42
BOXED Skn-on 12-14# No Test BOXED Skn-on 12-14# 179.24
BEEF
Des Moines, IA Fri, Jan 24, 2020 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 weak to lower on light to moderate demand and moderate
offerings. Select and Choice rib, chuck, and round cuts steady to weak while
loin cuts steady to firm. Beef trimmings sharply lower on light demand and
offerings.
BEEF CUTOUTS - OPEN 01/24 BEEF CUTOUTS - CLOSE 01/24
CH 600-900# $214.78 -0.54 CH 600-900# $214.49 -0.83
SE 600-900# $210.44 -0.76 SE 600-900# $210.70 -0.50
LOADS 38.97 - Choice Cuts LOADS 62.84 - Choice Cuts
6.53 - Select Cuts 16.18 - Select Cuts
5.57 - Trimmings 5.57 - Trimmings
4.79 - Coarse Grinds 15.11 - Coarse Grinds
POULTRY
01/24 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent
processor offering prices on a national basis (for current deliveries).
8-16 lb hens $91 to $100 cents FOB
16-24 lb toms $91 to $100 cents FOB
01/23 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 01/11 Week Ago Yr Ago
173,135 146,507 165,877
01/24 - Weekly National Whole Broiler/Fryer Report:
National Composite Wtd Avg for the Week Ending: 01/24 Week Ago Yr Ago
$ 90.90 $ 90.96 $ 94.22
National Composite Wtd Avg for the Month of: December - $ 84.63
01/22 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 01/18 - 237 million, up 4% from a year ago
Chick placement for the week ending 01/18 - 191 million, up 4% from a year ago
01/24 - Daily New York Eggs
Prices are 5 cent higher for larger sizes, 3 cents higher for Medium. The
undertone is higher. Supplies and offerings are light to moderate for current
needs. Demand is moderate to fairly good. Market activity is moderate to
active.
Extra Large 97-101
Large 95-99
Medium 75-79
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