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St Joseph, MO     Wed, March 27, 2024     USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Wednesday                    124,000     1,000     490,000     7,000
Week ago                     116,000     1,000     490,000     8,000
Year ago (act)               125,000     1,000     477,000     7,000
Week to Date                 367,000     3,000   1,457,000    21,000
Same Period Last Week        358,000     3,000   1,462,000    26,000
Same Period Last Year*       375,000     3,000   1,442.000    27,427
2024 Year to Date          7,499,931    59,383  31,743,893   455,008
2023*Year to Date          7,918,255    78,328  31,476,117   447,368
Percent Change                 -5.3%    -24.2%       +0.9%     +1.7%
Previous Day Breakdown           Steers/Heifers     Cows/Bulls
                      Tuesday       101,000           24,000
        *** REVISION TUE HOGS....483,000  /  NEW WTD....967,000 ***
    2024 *Totals subject to revision / 2023 *Totals adjusted to reflect 
          NASS Revisions / Yearly totals may not add due to rounding.

INDEXES
                       03/26  03/25  03/22  03/21  03/20  03/19  03/18
CATFAX FED 6 STATE    189.25 189.25 189.26 187.06 187.11 187.04 187.04
CATFAX FED 3 STATE    187.96 187.96 187.96 186.00 185.94 185.94 185.94
CME FEEDER            251.27 251.63 251.70 251.38 251.82 251.41 251.02
CME LEAN HOG          *84.25  83.69  83.48  83.59  83.54  83.21  82.82
3 Area LEAN HOG        82.54  81.84  81.75  81.44  81.61  81.15  81.15
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, Mar 27, 2024      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
03/27 MORNING     $ 94.73      -0.60      132.28
03/27 AFTERNOON   $ 94.06      -1.27      230.10 

CARLOT PORK                 OPEN         CLOSE
 DATE                      03/27         03/27
 LOADS - CUTS             106.80        190.15
 LOADS - TRIM              25.48         39.95
 LOINS 1/4" Trim VAC      118.15        116.84
 LOINS BNLS CC Strap On   144.61        145.61
 HAMS - Trm Sel  17-20#    83.65         81.49
        Trm Sel  20-23#    81.72         81.43
        Trm Sel  23-27#    79.97         79.98
 BELLIES  Skn-on 10-12#   266.76        267.63
 BOXED    Skn-on 12-14#  No Test       No Test

BEEF

Des Moines, IA        Wed, Mar 27, 2024      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

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.

                    MORNING            AFTERNOON
BEEF CUTOUTS    OPEN      CHNG      CLOSE     CHNG
                     03/27               03/27
 CH 600-900#    $309.87  -1.22      $308.58  -2.51
 SE 600-900#    $299.21  -1.05      $298.43  -1.83
   LOADS   
     Choice cuts     59.27              103.87
     Select cuts     10.67               24.00
     Trimmings        4.93                5.45
     Coarse Grinds   18.30               32.19
     CH/SEL SPREAD  $10.66              $10.15

POULTRY

03/27 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $ 86 to $103 cents FOB
16-24 lb toms $ 86 to $105 cents FOB

03/21 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 03/16      Week Ago    Yr Ago
                                     160,579     164,520     164,288

03/22 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 03/15/2024
      Wtd Avg    Chg         Range         Wk Ago Avg
      $131.16   +2.85   $ 97.00-$155.00     $128.31

03/27 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 03/23 - 245 million, up 1% from a 
year ago
Chick placement for the week ending 03/23 - 188 million, up slightly from 
a year ago

03/27 - New York Eggs
Prices are unchanged for Extra Large, Large, and Medium. The undertone is 
steady. Demand is moderate to good. Offerings are light to instances moderate.
Supplies are light to moderate. Market activity is moderate to active.

Extra Large    253-257
Large          251-255
Medium         240-244
    ** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, USDA GRADE A AND 
GRADE A, WHITE EGGS IN CARTONS, DELIVERED STORE DOOR, CENTS PER DOZEN.**

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