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St Joseph, MO         Thu, May 19, 2022      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 05/19/2022            125,000    1,000     473,000     7,000
Week ago                       124,000    1,000     472,000     8,000
Year ago (act)                 120,000    1,000     479,000     7,000
Week to date                   499,000    6,000   1,899,000    31,000
Same Period Last Week          495,000    6,000   1,889,000    32,000
Same Period Last Year (act)    474,000    5,000   1,897,000    32,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Wednesday        96,000            29,000

INDEXES
                        05/18  05/17  05/16  05/13  05/12  05/11  05/10
CATFAX FED 6 STATE     142.72 140.05 141.91 141.91 144.29 142.32 142.32
CATFAX FED 3 STATE     137.93 137.93 140.00 140.00 140.00 140.00 140.00
CME FEEDER             153.46 155.05 155.27 156.00 156.36 156.61 156.24
CME LEAN HOG          *100.37 100.08  99.90 100.07 100.49 101.04 101.26
3 Area LEAN HOG         98.50  98.04  98.23  97.85  98.86  99.19  99.80
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, May 19, 2022      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

05/19 AM CARCASS CUTOUT - $104.61   CHANGE  +1.00 TOTAL LD COUNT   99.37

05/19 PM CARCASS CUTOUT - $103.46   CHANGE  -0.15 TOTAL LD COUNT  220.69

CARLOT PORK -  OPEN  05/19        CARLOT PORK -  CLOSE 05/19
LOADS - CUTS   78.42 TRIM 20.96    LOADS - CUTS  187.25 TRIM  33.45
LOINS 1/4" Trim VAC      130.31    LOINS 1/4" Trim VAC      130.12
LOINS BNLS CC Strap On   137.32    LOINS BNLS CC Strap On   119.69
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    81.51
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    80.49
       Trm Sel  23-27#    80.40           Trm Sel  23-27#    80.19
BELLIES  Skn-on 10-12#   223.99    BELLIES  Skn-on 10-12#   227.71
BOXED    Skn-on 12-14#   279.02    BOXED    Skn-on 12-14#   279.47

BEEF

Des Moines, IA        Thu, May 19, 2022      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales
Afternoon - 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  05/19       BEEF CUTOUTS -  CLOSE  05/19
CH 600-900# $261.47  +1.00        CH 600-900# $261.70   +1.23
SE 600-900# $245.97  -0.05        SE 600-900# $246.06   +0.04
LOADS     29.61 - Choice Cuts     LOADS     61.38 - Choice Cuts
           8.34 - Select Cuts               13.73 - Select Cuts
           0.00 - Trimmings                  2.54 - Trimmings
           6.66 - Coarse Grinds              8.79 - Coarse Grinds
CHOICE/SELECT SPREAD:  $15.50     CHOICE/SELECT SPREAD:  $15.64

POULTRY

05/19 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $138 to $151 cents FOB
16-24 lb toms $138 to $149 cents FOB

05/19 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/14      Week Ago     Yr Ago
                                     165,073      162,882    163,760

05/13 Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 05/13      Wk Ago    Yr Ago
                                              $170.24     $169.45   $105.56
National Composite Wtd Avg for the Month of: April - $166.89

05/18 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/14 - 242 million, up 1% from 
a year ago
Chick placement for the week ending 05/14 - 188 million, up slightly 
from a year ago

05/19 - New York Eggs
Prices are steady. Trade sentiment is barely steady to weak. Supplies are in
a full range but mostly moderate. Offerings are light to moderate. Demand into
retail channels is light to instances moderate. Market activity is slow to 
moderate. Eastern region breaking stock supplies are adequate for normal to 
over-time breaking schedules. Offerings of spent hens are mostly moderate for
normal to less than normal processing schedules.

Extra Large    223-227
Large          221-225
Medium         210-214

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