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Southwest MFA Agri Services - Cassville, Neosho, Berryville & Wheaton.

 

 
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St Joseph, MO    Tue Oct 22, 2019     USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 10/22/2019    (est)    119,000    2,000     492,000     9,000
Week ago (est)                 118,000    2,000     490,000     8,000
Year ago (act)                 120,000    2,000     474,000     8,000
Week to date (est)             237,000    4,000     980,000    18,000
Same Period Last Week (est)    235,000    4,000     981,000    15,000
Same Period Last Year (act)    238,000    4,000     949,000    16,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           94,000            24,000

INDEX
                      10/21  10/18  10/17  10/16  10/15  10/14  10/11
CATFAX FED 6 STATE   108.94 108.94 109.38 109.35 109.34 109.32 109.31
CATFAX FED 3 STATE   108.05 108.05 108.81 108.81 108.81 108.81 108.81
CME FEEDER           144.96 145.96 145.60 145.15 145.12 145.09+144.26
CME LEAN HOG         *65.47  65.53  65.64  64.90  63.94  62.92  62.11
3 Area LEAN HOG       63.68  63.59  63.70  63.33  61.93  61.14  60.80
**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        Tue, Oct 22, 2019      USDA Market News

10/22 AM CARCASS CUTOUT - $ 76.73   CHANGE  -1.80  TOTAL LD COUNT  210.66

10/22 PM CARCASS CUTOUT - $ 76.10   CHANGE  -2.43  TOTAL LD COUNT  419.29

CARLOT PORK -  OPEN 10/22          CARLOT PORK -  CLOSE 10/22
LOADS - CUTS  188.19 TRIM  22.47   LOADS - CUTS  362.20  TRIM 57.09
LOINS 1/4" Trim VAC       94.07    LOINS 1/4" Trim VAC       90.06
LOINS BNLS CC Strap On   117.22    LOINS BNLS CC Strap On   117.08
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    70.55
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    71.30
       Trm Sel  23-27#    69.22           Trm Sel  23-27#    68.04
BELLIES  Skn-on 10-12#   231.50    BELLIES  Skn-on 10-12#   230.68
BOXED    Skn-on 12-14#   185.29    BOXED    Skn-on 12-14#   186.58

BEEF

Des Moines, IA        Tue, Oct 22, 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 higher on Choice and sharply higher on Select on 
moderate to good demand and offerings. Select and Choice round cuts steady. 
Select rib and loin cuts steady to firm while Choice cuts higher. Choice chuck
cuts weak while Select firm. Beef trimmings sharply higher on good demand and
light offerings.

BEEF CUTOUTS -  OPEN 10/22        BEEF CUTOUTS - CLOSE 10/22
CH 600-900# $220.88  +0.75        CH 600-900# $220.93  +0.80
SE 600-900# $197.78  +3.34        SE 600-900# $198.08  +3.64 
LOADS     32.72 - Choice Cuts     LOADS     56.85 - Choice Cuts
          11.25 - Select Cuts               25.23 - Select Cuts
           0.00 - Trimmings                  5.16 - Trimmings
           9.99 - Coarse Grinds             17.44 - Coarse Grinds

POULTRY

10/22 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $94 to $102 cents FOB
16-24 lb toms $94 to $102 cents FOB                             

10/17 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 10/12      Week Ago     Yr Ago
                                     174,574      175,426    163,896

10/18 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 10/17    Week Ago      Yr Ago
                                              $ 78.49     $ 78.71     $ 84.00
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  September - $ 76.92

10/16 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 10/12 - 220 million, up 1% from a year ago
Chick placement for the week ending 10/12 - 182 million, up 3% from a year ago

10/22 - Daily New York Eggs
Prices are steady on all sizes. The undertone is steady to firm. Supplies of
all sizes are sufficient. Offerings are light to moderate. Demand is mostly
moderate. Market activity is moderate.

Extra Large     76-80
Large           74-78
Medium          65-69

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