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St Joseph, MO         Thu, Jan 16, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 01/16/2020   (est)    122,000    2,000     497,000     8,000
Week ago (est)                 122,000    2,000     495,000     8,000
Year ago (act)                 122,000    2,000     473,000     7,000
Week to date (est)             488,000    9,000   1,990,000    33,000
Same Period Last Week (est)    488,000    9,000   1,987,000    30,000
Same Period Last Year (act)    484,000   10,000   1,890,000    28,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        95,000            27,000

INDEX
                      01/16  01/15  01/14  01/13  01/10  01/09  01/08
CATFAX FED 6 STATE   124.09 124.17 124.15 124.15 124.15 124.07 124.08
CATFAX FED 3 STATE   124.01 124.04 124.02 124.02 124.02 124.00 124.00
CME FEEDER                  146.35 146.57 146.51 146.46+146.81 146.44
CME LEAN HOG         *60.45  60.15  59.53  59.00  58.99  59.36  59.56
3 Area LEAN HOG       58.63  58.26  57.90  57.50  57.68  57.26  57.87
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        Fri, Jan 17, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

01/17 AM CARCASS CUTOUT - $ 72.63   CHANGE  -2.82  TOTAL LD COUNT  234.07

01/16 PM CARCASS CUTOUT - $ 75.45   CHANGE  +0.80  TOTAL LD COUNT  283.53

CARLOT PORK -  OPEN 01/17          CARLOT PORK -  CLOSE 01/16
LOADS - CUTS  211.58 TRIM  22.49   LOADS - CUTS  242.50  TRIM 41.03
LOINS 1/4" Trim VAC       82.43    LOINS 1/4" Trim VAC       81.67
LOINS BNLS CC Strap On   102.96    LOINS BNLS CC Strap On   104.83
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    78.31
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    78.65
       Trm Sel  23-27#    79.72           Trm Sel  23-27#    76.66
BELLIES  Skn-on 10-12#   194.30    BELLIES  Skn-on 10-12#   197.04
BOXED    Skn-on 12-14#   230.73    BOXED    Skn-on 12-14#   217.07

BEEF

Des Moines, IA        Fri, Jan 17, 2020      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Morning - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am

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 01/17        BEEF CUTOUTS - CLOSE 01/16
CH 600-900# $213.99  +1.09        CH 600-900# $212.90  +0.37
SE 600-900# $213.45  +1.98        SE 600-900# $211.47  +1.80 
LOADS     38.90 - Choice Cuts     LOADS     76.15 - Choice Cuts
           5.14 - Select Cuts               17.56 - Select Cuts
           9.82 - Trimmings                  9.05 - Trimmings
           6.60 - Coarse Grinds             12.20 - Coarse Grinds

POULTRY

01/16 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $91 to $100 cents FOB
16-24 lb toms $91 to $100 cents FOB

01/09 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 01/04      Week Ago     Yr Ago
                                     146,507      127,491    137,882

01/10 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 01/10    Week Ago      Yr Ago
                                              $ 91.46     $ 90.49     $103.87
National Composite Wtd Avg for the Month of:  December -  $ 84.63

01/15 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 01/11 - 239 million, up 4% from a year ago
Chick placement for the week ending 01/11 - 191 million, up 4% from a year ago

01/17 - Daily New York Eggs
Prices are steady. The undertone is steady. Supplies are moderate to instances
heavy for needs. Offerings slow and are light to moderate. Demand is mostly
moderate. Market activity is usually moderate.

Extra Large     76-80
Large           74-78
Medium          67-71

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