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St Joseph, MO         Tue, Oct 27, 2020      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 10/27/2020             117,000    2,000     492,000     9,000
Week ago                       121,000    2,000     488,000     9,000
Year ago (act)                 113,000    3,000     492,000     8,000
Week to date                   232,000    4,000     979,000    18,000
Same Period Last Week          239,000    4,000     965,000    18,000
Same Period Last Year (act)    229,000    4,000     983,000    17,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Monday           91,000            24,000

**Revised Monday Cattle Slaughter..115,000**
**Revised Monday Hog Slaughter.....487,000**

INDEX
                       10/26  10/23  10/22  10/21  10/20  10/19  10/16
CATFAX FED 6 STATE    105.34 105.32 105.38 105.65 106.77 107.23 107.84
CATFAX FED 3 STATE    106.05 106.01 106.03 106.05 106.87 107.11 108.06
CME FEEDER            133.64 133.70 134.01 135.53 138.36 138.66 140.26
CME LEAN HOG          *77.47  78.17  78.54  78.60  78.69  78.62  78.27
3 Area LEAN HOG        75.39  76.34  76.40  76.84  76.90  77.20  76.82
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, Oct 27, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

10/27 AM CARCASS CUTOUT - $ 94.89   CHANGE  +3.03  TOTAL LD COUNT  198.41

10/27 PM CARCASS CUTOUT - $ 88.83   CHANGE  -3.03  TOTAL LD COUNT  444.39

CARLOT PORK -  OPEN 10/27          CARLOT PORK -  CLOSE 10/27
LOADS - CUTS  179.42 TRIM  18.99   LOADS - CUTS  399.34 TRIM  45.05
LOINS 1/4" Trim VAC       80.24    LOINS 1/4" Trim VAC       83.56
LOINS BNLS CC Strap On   116.20    LOINS BNLS CC Strap On   114.67
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    76.52
       Trm Sel  23-27#    75.97           Trm Sel  23-27#    73.32
BELLIES  Skn-on 10-12#   263.95    BELLIES  Skn-on 10-12#   245.25
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   225.03

BEEF

Des Moines, IA        Tue, Oct 27, 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 10/27        BEEF CUTOUTS -  CLOSE 10/27
CH 600-900# $207.54  -0.29        CH 600-900# $206.70  -1.13
SE 600-900# $189.04  +0.55        SE 600-900# $188.67  +0.18
LOADS     64.12 - Choice Cuts     LOADS    104.81 - Choice Cuts
          20.62 - Select Cuts               25.52 - Select Cuts
          13.23 - Trimmings                 17.21 - Trimmings
          21.18 - Coarse Grinds             27.60 - Coarse Grinds

POULTRY

10/27 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $115 to $120 cents FOB
16-24 lb toms $112 to $120 cents FOB

10/22 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 10/17      Week Ago     Yr Ago
                                     168,430      168,297    174,327

10/23 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 10/23    Week Ago      Yr Ago
                                              $ 68.75    $ 67.87      $ 78.31
National Composite Wtd Avg for the Month of: September - $ 63.58

10/21 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 10/17 - 220 million, off 2% from a year ago
Chick placement for the week ending 10/17 - 182 million, off 1% from a year ago

10/27 - Daily New York Eggs 
Prices are 1 cent lower for Extra Large and Large, unchanged for Medium. Trade
sentiment is steady at best. Supplies are moderate to heavy. The New York shell
egg inventory is 8% higher than a week ago. Offerings are light to moderate.
Retail demand is mostly moderate. Market activity is slow to moderate.

Extra Large    116-120
Large          114-118
Medium         104-108

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