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St Joseph, MO Tue, Jun 02, 2020 USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Tuesday 06/02/2020 (est) 113,000 2,000 417,000 8,000
Week ago (est) 106,000 2,000 405,000 8,000
Year ago (act) 118,000 2,000 478,000 8,000
Week to date (est) 223,000 4,000 825,000 16,000
Same Period Last Week (est) 110,000 2,000 407,000 8,000
Same Period Last Year (act) 240,000 4,000 943,000 18,000
Previous Day Estimated Steer and Heifer Cow and Bull
Monday 88,000 22,000
**Revised Monday Hog Slaughter..408,000**
INDEX
06/01 05/29 05/28 05/27 05/26 05/25 05/22
CATFAX FED 6 STATE 116.61 116.45 116.38 117.76 117.83 118.43 118.48
CATFAX FED 3 STATE 117.40 117.24 117.23 119.37 119.21 119.23 119.23
CME FEEDER 128.25 128.96 129.36 127.02 126.11 126.44 126.96
CME LEAN HOG *59.23 59.96 61.25 62.95 62.53 NA 62.30
3 Area LEAN HOG 56.57 59.10 59.31 62.64 61.68 NA 59.86
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, Jun 02, 2020 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
06/02 AM CARCASS CUTOUT - $ 79.00 CHANGE -2.04 TOTAL LD COUNT 307.66
06/02 PM CARCASS CUTOUT - $ 74.37 CHANGE -6.67 TOTAL LD COUNT 571.70
CARLOT PORK - OPEN 06/02 CARLOT PORK - CLOSE 06/02
LOADS - CUTS 290.11 TRIM 17.55 LOADS - CUTS 527.34 TRIM 44.36
LOINS 1/4" Trim VAC 161.53 LOINS 1/4" Trim VAC 158.40
LOINS BNLS CC Strap On 175.18 LOINS BNLS CC Strap On 127.62
HAMS - Trm Sel 17-20# No Test HAMS - Trm Sel 17-20# No Test
Trm Sel 20-23# No Test Trm Sel 20-23# 41.40
Trm Sel 23-27# 37.80 Trm Sel 23-27# 38.06
BELLIES Skn-on 10-12# 217.56 BELLIES Skn-on 10-12# 214.43
BOXED Skn-on 12-14# No Test BOXED Skn-on 12-14# 172.72
BEEF
Des Moines, IA Tue, Jun 02, 2020 USDA Market News
NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Morning - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am
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.
Trends - Not available due to technical issues at the USDA
BEEF CUTOUTS - OPEN 06/02 BEEF CUTOUTS - CLOSE 06/02
CH 600-900# $322.36 -18.79 CH 600-900# $318.73 -22.42
SE 600-900# $295.52 -21.31 SE 600-900# $290.58 -26.25
LOADS 34.19 - Choice Cuts LOADS 66.48 - Choice Cuts
16.65 - Select Cuts 30.02 - Select Cuts
11.40 - Trimmings 22.73 - Trimmings
2.70 - Coarse Grinds 8.21 - Coarse Grinds
POULTRY
06/02 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent
processor offering prices on a national basis (for current deliveries).
8-16 lb hens $103 to $107 cents FOB
16-24 lb toms $103 to $107 cents FOB
05/28 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/23 Week Ago Yr Ago
162,218 160,598 171,691
05/29 - Weekly National Whole Broiler/Fryer Report:
National Composite Wtd Avg for the Week Ending: 05/29 Week Ago Yr Ago
$ 74.00 $ 74.45 $ 99.52
National Composite Wtd Avg for the Month of: May - $ 73.75
05/27 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/23 - 231 million, off 2% from a year ago
Chick placement for the week ending 05/23 - 180 million, off 5% from a year ago
06/02 - Daily New York Eggs
Prices are 2 cents lower. Trade sentiment is steady to barely steady. Supplies
are moderate to heavy. The New York shell egg inventory is 16 percent higher
when compared to a week ago. Offerings are mostly moderate. Retail demand is
moderate to fairly good. Market activity is slow to moderate.
Extra Large 89-93
Large 87-91
Medium 73-77
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