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St Joseph, MO Tue, Jan 28, 2020 USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Tuesday 01/28/2020 (est) 117,000 2,000 498,000 8,000
Week ago (est) 123,000 2,000 493,000 9,000
Year ago (act) 117,000 3,000 466,000 8,000
Week to date (est) 239,000 4,000 996,000 17,000
Same Period Last Week (est) 245,000 4,000 904,000 17,000
Same Period Last Year (act) 236,000 5,000 938,000 15,000
Previous Day Estimated Steer and Heifer Cow and Bull
Monday 97,000 25,000
INDEX
01/27 01/24 01/23 01/22 01/21 01/20 01/17
CATFAX FED 6 STATE 124.04 124.04 124.04 124.03 124.01 124.01 124.01
CATFAX FED 3 STATE 123.99 123.99 123.99 123.99 124.00 124.00 124.00
CME FEEDER 143.76+144.32 144.84 144.86 145.17 145.46 145.69
CME LEAN HOG *61.74 61.64 61.53 61.29 61.02 60.18 60.14
3 Area LEAN HOG 60.21 59.61 59.59 59.48 59.27 58.96 58.54
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 Tue, Jan 28, 2020 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
01/28 AM CARCASS CUTOUT - $ 77.14 CHANGE -0.12 TOTAL LD COUNT 259.05
01/28 PM CARCASS CUTOUT - $ 75.88 CHANGE -1.38 TOTAL LD COUNT 425.39
CARLOT PORK - OPEN 01/28 CARLOT PORK - CLOSE 01/28
LOADS - CUTS 237.18 TRIM 21.86 LOADS - CUTS 384.42 TRIM 40.98
LOINS 1/4" Trim VAC 88.74 LOINS 1/4" Trim VAC 89.04
LOINS BNLS CC Strap On 109.29 LOINS BNLS CC Strap On 108.90
HAMS - Trm Sel 17-20# No Test HAMS - Trm Sel 17-20# No Test
Trm Sel 20-23# No Test Trm Sel 20-23# 74.37
Trm Sel 23-27# 71.12 Trm Sel 23-27# 70.51
BELLIES Skn-on 10-12# 218.35 BELLIES Skn-on 10-12# 217.66
BOXED Skn-on 12-14# 199.00 BOXED Skn-on 12-14# 197.84
BEEF
Des Moines, IA Tue, Jan 28, 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 on Choice and higher on Select on moderate to
good demand and moderate to heavy offerings. Select and Choice chuck, round,
and loin cuts steady to weak. Choice rib cuts steady while Select higher.
Beef trimmings sharply lower on light demand and moderate offerings.
BEEF CUTOUTS - OPEN 01/28 BEEF CUTOUTS - CLOSE 01/28
CH 600-900# $213.74 +0.15 CH 600-900# $212.85 -0.74
SE 600-900# $213.09 +2.59 SE 600-900# $212.16 +1.66
LOADS 43.29 - Choice Cuts LOADS 83.73 - Choice Cuts
7.14 - Select Cuts 30.10 - Select Cuts
0.00 - Trimmings 10.44 - Trimmings
10.76 - Coarse Grinds 28.33 - Coarse Grinds
POULTRY
01/28 - 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
01/28 - Daily New York Eggs
Extra Large and Large egg prices are 4 cents higher. Prices are 2 cents higher
for Medium. The undertone is higher. Supplies are mixed, ranging light to
heavy. The New York shell egg inventory is 18% higher than a week ago.
Offerings are light to moderate. Demand into all channels is moderate to good.
Market activity is moderate to active.
Extra Large 105-109
Large 103-107
Medium 78-82
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