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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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