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St Joseph, MO Thu, May 28, 2020 USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Thursday 05/28/2020 (est) 110,000 1,000 422,000 8,000
Week ago (est) 103,000 1,000 398,000 8,000
Year ago (act) 121,000 2,000 469,000 9,000
Week to date (est) 330,000 4,000 1,250,000 24,000
Same Period Last Week (est) 397,000 6,000 1,580,000 32,000
Same Period Last Year (act) 369,000 7,000 1,409,000 29,000
Previous Day Estimated Steer and Heifer Cow and Bull
Wednesday 87,000 23,000
**Revised Wednesday Hog Slaughter..421,000 New Week to Date..828,000**
INDEX
05/28 05/27 05/26 05/25 05/22 05/21 05/20
CATFAX FED 6 STATE 117.76 117.83 118.43 118.48 117.61 117.29
CATFAX FED 3 STATE 119.37 119.21 119.23 119.23 118.66 117.93
CME FEEDER 127.02 126.11 126.44 126.96 126.24 126.60
CME LEAN HOG *61.25 62.95 62.53 NA 62.30 63.45 64.59
3 Area LEAN HOG 59.31 62.64 61.68 NA 59.86 62.50 63.16
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, May 29, 2020 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
05/29 AM CARCASS CUTOUT - $ 90.83 CHANGE +1.37 TOTAL LD COUNT 396.22
05/28 PM CARCASS CUTOUT - $ 89.46 CHANGE +0.64 TOTAL LD COUNT 372.79
CARLOT PORK - OPEN 05/29 CARLOT PORK - CLOSE 05/28
LOADS - CUTS 364.26 TRIM 31.97 LOADS - CUTS 321.25 TRIM 51.54
LOINS 1/4" Trim VAC 161.08 LOINS 1/4" Trim VAC 147.53
LOINS BNLS CC Strap On 291.29 LOINS BNLS CC Strap On 235.43
HAMS - Trm Sel 17-20# 41.89 HAMS - Trm Sel 17-20# No Test
Trm Sel 20-23# 51.43 Trm Sel 20-23# 38.81
Trm Sel 23-27# 39.04 Trm Sel 23-27# 39.25
BELLIES Skn-on 10-12# 180.08 BELLIES Skn-on 10-12# 155.84
BOXED Skn-on 12-14# 219.84 BOXED Skn-on 12-14# No Test
BEEF
Des Moines, IA Fri, May 29, 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.
Trends - Not available due to technical issues at the USDA
BEEF CUTOUTS - OPEN 05/29 BEEF CUTOUTS - CLOSE 05/28
CH 600-900# $365.57 -3.99 CH 600-900# $369.56 -8.21
SE 600-900# $343.46 -0.63 SE 600-900# $344.09 -6.11
LOADS 44.18 - Choice Cuts LOADS 81.43 - Choice Cuts
13.16 - Select Cuts 17.09 - Select Cuts
19.72 - Trimmings 24.22 - Trimmings
22.35 - Coarse Grinds 26.47 - Coarse Grinds
POULTRY
05/28 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent
processor offering prices on a national basis (for current deliveries).
8-16 lb hens $102 to $107 cents FOB
16-24 lb toms $102 to $107 cents FOB
05/28 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/23 Week Ago Yr Ago
162,218 160,598 171,691
05/22 - Weekly National Whole Broiler/Fryer Report:
National Composite Wtd Avg for the Week Ending: 05/22 Week Ago Yr Ago
$ 74.45 $ 77.45 $100.95
National Composite Wtd Avg for the Month of: April - $ 53.52
05/27 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/23 - 231 million, off 2% from a year ago
Chick placement for the week ending 05/23 - 180 million, off 5% from a year ago
05/28 - Daily New York Eggs
Prices are steady. The undertone is mostly steady. Current supplies are
moderate to instances heavy. Offerings are light to moderate. Retail
demand is moderate to fairly good. Market activity is slow to moderate.
Extra Large 91-95
Large 89-93
Medium 75-79
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