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St Joseph, MO Thu, Jul 09, 2020 USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Thursday 07/09/2020 (est) 120,000 1,000 469,000 8,000
Week ago (est) 121,000 2,000 461,000 7,000
Year ago (act) 119,000 2,000 478,000 8,000
Week to date (est) 474,000 7,000 1,857,000 31,000
Same Period Last Week (est) 484,000 7,000 1,867,000 32,000
Same Period Last Year (act) 476,000 10,000 1,920,000 32,000
Previous Day Estimated Steer and Heifer Cow and Bull
Wednesday 95,000 25,000
INDEX
07/08 07/07 07/06 07/03 07/02 07/01 06/30
CATFAX FED 6 STATE 95.43 95.15 94.93 NA 94.92 95.16 95.73
CATFAX FED 3 STATE 94.71 94.62 94.47 NA 94.41 94.84 95.51
CME FEEDER 133.69 130.15 130.13 128.98 128.88 129.05 129.13
CME LEAN HOG *45.18 45.35 45.90 NA 45.66 45.02 45.28
3 Area LEAN HOG 42.72 42.71 43.04 NA 43.87 42.61 42.01
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 Thu, Jul 09, 2020 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
07/09 AM CARCASS CUTOUT - $ 71.61 CHANGE +4.45 TOTAL LD COUNT 155.90
07/09 PM CARCASS CUTOUT - $ 67.12 CHANGE -0.04 TOTAL LD COUNT 347.07
CARLOT PORK - OPEN 07/09 CARLOT PORK - CLOSE 07/09
LOADS - CUTS 134.65 TRIM 21.25 LOADS - CUTS 317.40 TRIM 29.67
LOINS 1/4" Trim VAC 76.80 LOINS 1/4" Trim VAC 76.69
LOINS BNLS CC Strap On 102.56 LOINS BNLS CC Strap On 102.80
HAMS - Trm Sel 17-20# No Test HAMS - Trm Sel 17-20# No Test
Trm Sel 20-23# No Test Trm Sel 20-23# 38.29
Trm Sel 23-27# 37.15 Trm Sel 23-27# 37.94
BELLIES Skn-on 10-12# 189.18 BELLIES Skn-on 10-12# 189.54
BOXED Skn-on 12-14# 186.83 BOXED Skn-on 12-14# 186.83
BEEF
Des Moines, IA Thu, Jul 09, 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.
BEEF CUTOUTS - OPEN 07/09 BEEF CUTOUTS - CLOSE 07/09
CH 600-900# $203.38 -0.45 CH 600-900# $203.59 -0.24
SE 600-900# $194.66 -0.86 SE 600-900# $194.83 -0.69
LOADS 34.49 - Choice Cuts LOADS 75.85 - Choice Cuts
25.29 - Select Cuts 32.96 - Select Cuts
18.65 - Trimmings 31.35 - Trimmings
14.47 - Coarse Grinds 23.23 - Coarse Grinds
POULTRY
07/09 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent
processor offering prices on a national basis (for current deliveries).
8-16 lb hens $105 to $113 cents FOB
16-24 lb toms $105 to $113 cents FOB
07/09 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 07/04 Week Ago Yr Ago
147,821 164,757 152,427
07/02 - Weekly National Whole Broiler/Fryer Report:
National Composite Wtd Avg for the Week Ending: 07/02 Week Ago Yr Ago
$ 74.97 $ 74.24 $ 93.75
National Composite Wtd Avg for the Month of: June - $ 74.97
07/08 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/04 - 231 million, off 1% from a year ago
Chick placement for the week ending 07/04 - 191 million, up 1% from a year ago
07/09 - Daily New York Eggs
Prices are steady for heavier weight eggs, however 3 cents lower for Medium.
The undertone is steady to barely steady. Supplies and offerings are mostly
moderate. Retail demand is moderate to occasionally fairly good. Food service
demand is light to moderate. Market activity is slow to mostly moderate.
Extra Large 95-99
Large 93-97
Medium 65-69
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