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St Joseph, MO Thu, Feb 27, 2020 USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Thursday 02/27/2020 (est) 122,000 2,000 494,000 7,000
Week ago (est) 122,000 2,000 492,000 7,000
Year ago (act) 119,000 2,000 475,000 7,000
Week to date (est) 487,000 9,000 1,979,000 28,000
Same Period Last Week (est) 474,000 9,000 1,963,000 28,000
Same Period Last Year (act) 471,000 9,000 1,780,000 30,000
Previous Day Estimated Steer and Heifer Cow and Bull
Wednesday 96,000 27,000
INDEX
02/26 02/25 02/24 02/21 02/20 02/19 02/18
CATFAX FED 6 STATE 116.69 118.45 119.81 119.82 119.83 119.61 118.92
CATFAX FED 3 STATE 115.50 118.06 120.00 120.00 120.00 120.00 118.96
CME FEEDER 138.04 139.61 139.72 141.02+142.07 141.95 141.10
CME LEAN HOG *56.36 56.41 56.16 55.91 55.87 55.78 55.54
3 Area LEAN HOG 54.14 54.23 54.07 53.69 53.70 53.22 53.26
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, Feb 27, 2020 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
02/27 AM CARCASS CUTOUT - $ 66.43 CHANGE +1.94 TOTAL LD COUNT 194.84
02/27 PM CARCASS CUTOUT - $ 64.29 CHANGE -0.20 TOTAL LD COUNT 329.70
CARLOT PORK - OPEN 02/27 CARLOT PORK - CLOSE 02/27
LOADS - CUTS 174.04 TRIM 20.80 LOADS - CUTS 297.62 TRIM 32.08
LOINS 1/4" Trim VAC 87.68 LOINS 1/4" Trim VAC 89.39
LOINS BNLS CC Strap On 94.53 LOINS BNLS CC Strap On 95.05
HAMS - Trm Sel 17-20# No Test HAMS - Trm Sel 17-20# No Test
Trm Sel 20-23# No Test Trm Sel 20-23# 68.66
Trm Sel 23-27# 69.41 Trm Sel 23-27# 69.02
BELLIES Skn-on 10-12# 169.21 BELLIES Skn-on 10-12# 170.52
BOXED Skn-on 12-14# 212.34 BOXED Skn-on 12-14# 165.71
BEEF
Des Moines, IA Thu, Feb 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.
Boxed beef cutout values lower on Choice and higher on Select on light to
moderate demand and moderate to heavy offerings. Select and Choice rib, chuck,
and round cuts steady to firm. Choice loin cuts steady while Select higher.
Beef trimmings not fully established.
BEEF CUTOUTS - OPEN 02/27 BEEF CUTOUTS - CLOSE 02/27
CH 600-900# $205.84 -0.50 CH 600-900# $205.54 -0.80
SE 600-900# $199.84 +1.24 SE 600-900# $199.69 +1.09
LOADS 77.45 - Choice Cuts LOADS 122.19 - Choice Cuts
11.67 - Select Cuts 34.12 - Select Cuts
0.00 - Trimmings 0.00 - Trimmings
12.06 - Coarse Grinds 25.50 - Coarse Grinds
POULTRY
02/27 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent
processor offering prices on a national basis (for current deliveries).
8-16 lb hens $95 to $102 cents FOB
16-24 lb toms $95 to $102 cents FOB
02/27 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/22 Week Ago Yr Ago
169,956 170,974 160,194
02/21 - Weekly National Whole Broiler/Fryer Report:
National Composite Wtd Avg for the Week Ending: 02/21 Week Ago Yr Ago
$ 78.39 $ 81.62 $ 89.16
National Composite Wtd Avg for the Month of: January - $ 90.56
02/26 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 02/22 - 239 million, up 3% from a year ago
Chick placement for the week ending 02/22 - 190 million, up 5% from a year ago
02/27 - Daily New York Eggs
Prices are 4 cents higher for Medium, steady for larger sizes. The undertone
Is steady to full steady. Supplies are generally light to moderate. Current
offerings are moderate. Demand into all channels is mostly moderate. Market
activity is moderate.
Extra Large 101-105
Large 99-103
Medium 84-88
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