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

 

 
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St Joseph, MO         Wed, Dec 04, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 12/04/2019  (est)    121,000    3,000     494,000     7,000
Week ago (est)                 116,000    3,000     486,000     5,000
Year ago (act)                 122,000    3,000     479,000     8,000
Week to date (est)             361,000    7,000   1,486,000    23,000
Same Period Last Week (est)    341,000    7,000   1,465,000    21,000
Same Period Last Year (act)    360,000    8,000   1,429,000    27,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday          95,000            25,000

INDEX
                      12/03  12/02  11/29  11/28  11/27  11/26  11/25
CATFAX FED 6 STATE   118.69 118.69 118.69 118.45 117.64 116.18 116.17
CATFAX FED 3 STATE   118.38 118.38 118.38 118.34 117.74 115.95 115.95
CME FEEDER           145.19 145.03 144.97+144.62 144.71 145.02 144.79
CME LEAN HOG         *58.20  57.38  57.35   NA    58.35  58.60  57.88
3 Area LEAN HOG       57.21  56.36  54.77   NA    55.78  56.84  56.81
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        Wed, Dec 04, 2019      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/04 AM CARCASS CUTOUT - $ 81.35   CHANGE  +0.74  TOTAL LD COUNT  171.85

12/04 PM CARCASS CUTOUT - $ 81.00   CHANGE  +0.39  TOTAL LD COUNT  297.38

CARLOT PORK -  OPEN 12/04          CARLOT PORK -  CLOSE 12/04
LOADS - CUTS  148.83 TRIM  23.01   LOADS - CUTS  250.31  TRIM 47.06
LOINS 1/4" Trim VAC       84.28    LOINS 1/4" Trim VAC       85.19
LOINS BNLS CC Strap On   128.78    LOINS BNLS CC Strap On   128.18
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    91.25
       Trm Sel  20-23#    91.14           Trm Sel  20-23#    90.51
       Trm Sel  23-27#    88.43           Trm Sel  23-27#    87.57
BELLIES  Skn-on 10-12#   203.75    BELLIES  Skn-on 10-12#   204.52
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   186.25

BEEF

Des Moines, IA        Wed, Dec 04, 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 sharply lower on light demand and heavy offerings. 
Select and Choice rib cuts steady to weak while chuck, round, and loin cuts 
weak to lower. Beef trimmings sharply lower on light demand and moderate 
offerings. 

BEEF CUTOUTS -  OPEN 12/04        BEEF CUTOUTS - CLOSE 12/04
CH 600-900# $227.58  -2.57        CH 600-900# $226.95  -3.20
SE 600-900# $210.78  -1.53        SE 600-900# $210.31  -2.00 
LOADS     54.52 - Choice Cuts     LOADS    102.97 - Choice Cuts
          14.95 - Select Cuts               21.41 - Select Cuts
           7.70 - Trimmings                 10.94 - Trimmings
          11.39 - Coarse Grinds             17.85 - Coarse Grinds

POULTRY

12/04 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $95 to $103 cents FOB
16-24 lb toms $87 to $103 cents FOB

11/29 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/23      Week Ago     Yr Ago
                                     164,828      168,705    124,072

11/29 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 11/29    Week Ago      Yr Ago
                                              $ 79.50     $ 77.00     $ 87.20
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  November -  $ 78.30

12/04 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 11/30 - 233 million, up 1% from a year ago
Chick placement for the week ending 11/30 - 182 million, up 2% from a year ago

12/04 - Daily New York Eggs
Extra Large and Large egg prices are 7 cents lower, Medium egg prices are 3
cent lower. The undertone is lower. Supplies are moderate to heavy. Offerings
are moderate. Demand is light to moderate. Market activity is slow to moderate.

Extra Large    152-156
Large          150-154
Medium          97-101

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