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St Joseph, MO         Wed, Jan 16, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 01/16/2019  (est)    120,000    2,000     480,000     7,000
Week ago (est)                 120,000    2,000     469,000     8,000
Year ago (act)                 115,000    2,000     445,000     7,000
Week to date (est)             359,000    6,000   1,423,000    22,000
Same Period Last Week (est)    357,000    6,000   1,423,000    24,000
Same Period Last Year (act)    348,000    5,000   1,283,000    23,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday         94,000             26,000

INDEX
                      01/15  01/14  01/11  01/10  01/09  01/08  01/07
CATFAX FED 6 STATE   123.90 123.90 123.89 122.68 122.98 122.98 122.98
CATFAX FED 3 STATE   123.97 123.97 123.97 123.00 123.18 123.18 123.18
CME FEEDER           144.19 144.44 144.65 145.46 145.55 145.70 145.63
CME LEAN HOG         *58.02  57.65  57.21  56.69  55.99  55.10  54.85
3 Area LEAN HOG       55.69  55.20  55.25  54.43  53.85  53.22  52.54
*DTN 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, Jan 16, 2019      USDA Market News

01/16 AM CARCASS CUTOUT - $ 70.53   CHANGE  +0.20  TOTAL LD COUNT  215.03

01/16 PM CARCASS CUTOUT - $ 69.64   CHANGE  -0.64  TOTAL LD COUNT  361.77 

CARLOT PORK -  OPEN 01/16          CARLOT PORK -  CLOSE 01/16
LOADS - CUTS  178.38 TRIM  36.65   LOADS - CUTS  293.79  TRIM 67.98
LOINS 1/4" Trim VAC       82.99    LOINS 1/4" Trim VAC       81.20
LOINS BNLS CC Strap On   111.71    LOINS BNLS CC Strap On   109.63
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    56.72
       Trm Sel  23-27#    51.06           Trm Sel  23-27#    51.21
BELLIES  Skn-on 10-12#   201.69    BELLIES  Skn-on 10-12#   202.12
BOXED    Skn-on 12-14#   216.26    BOXED    Skn-on 12-14#   223.72

BEEF

Des Moines, IA        Wed, Jan 16, 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 weak on Choice and higher on Select on light to
moderate demand and offerings. Select and Choice rib and loin cuts steady while
chuck and round cuts steady to firm. Beef trimmings moderate to sharply lower
on light demand and moderate offerings.

BEEF CUTOUTS -  OPEN 01/16        BEEF CUTOUTS - CLOSE 01/16
CH 600-900# $212.16  -0.05       CH 600-900# $211.90  -0.31
SE 600-900# $206.72  +0.85       SE 600-900# $206.94  +1.07
LOADS     46.69 - Choice Cuts     LOADS     80.50 - Choice Cuts
          11.42 - Select Cuts               19.27 - Select Cuts
          10.33 - Trimmings                 13.50 - Trimmings
          10.62 - Coarse Grinds             27.06 - Coarse Grinds

POULTRY

Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 01/05/19     Week Ago     Yr Ago     
                                       137,882      117,657    129,090

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 01/11     Week Ago     Yr Ago
                                              $103.87     $104.79     $ 96.09
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: December - $ 89.75

12/19- Weekly Egg Sets & Chicks Placed 
   ***Latest reports not available due to government shut down***
Weekly Egg Sets for the week ending 12/15 - 225 million, down 1% from a
year ago.
Chick placement for the week ending 12/15 - 183 million, up slightly from a
year ago.

01/16 - Daily New York Eggs
Prices are 4 cents higher for Medium and larger sizes. The undertone is
higher. Supplies are mostly moderate. Demand is moderate to instances
fairly good. Offerings are light to moderate. Market activity is moderate.

Extra Large    105-109
Large          103-107
Medium          66-70

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