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St Joseph, MO Fri, May 22, 2020 USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Friday 05/22/2020 (est) 102,000 1,000 380,000 7,000
Week ago (est) 91,000 1,000 375,000 7,000
Year ago (act) 120,000 3,000 404,000 8,000
Week to date (est) 499,000 7,000 1,960,000 39,000
Same Period Last Week (est) 449,000 7,000 1,853,000 37,000
Same Period Last Year (act) 601,000 9,000 2,271,000 42,000
Saturday 05/23/2020 (est) 56,000 0 170,000 0
Week ago (est) 50,000 0 245,000 1,000
Year ago (act) 46,000 0 40,000 0
Week to date (est) 555,000 7,000 2,130,000 39,000
Same Period Last Week (est) 499,000 7,000 2,098,000 38,000
Same Period Last Year*(act) 647,000 10,000 2,310,000 42,000
2020 Year to Date 12,113,00 187,000 50,090,000 747,000
2019 *Year to Date 13,006,00 224,000 50,648,000 832,000
Percent change -6.9% -16.6% -1.1% -10.2%
2020 *Totals subject to revision
2019 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated Steer and Heifer Cow and Bull
Thursday 80,000 23,000
INDEX
05/21 05/20 05/19 05/18 05/15 05/14 05/13
CATFAX FED 6 STATE 117.61 117.29 114.90 114.04 114.04 110.28 110.14
CATFAX FED 3 STATE 118.66 117.93 115.93 114.73 114.73 112.96 112.95
CME FEEDER 126.24 126.60 126.89+126.88+125.78 124.80 123.95
CME LEAN HOG *63.45 64.59 65.98 67.04 67.60 68.70 68.87
3 Area LEAN HOG 62.50 63.16 64.45 64.50 66.75 65.42 66.11
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 22, 2020 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
05/22 AM CARCASS CUTOUT - $ 97.82 CHANGE -0.03 TOTAL LD COUNT 340.31
05/22 PM CARCASS CUTOUT - $ 96.75 CHANGE -1.10 TOTAL LD COUNT 483.44
CARLOT PORK - OPEN 05/22 CARLOT PORK - CLOSE 05/22
LOADS - CUTS 327.11 TRIM 13.20 LOADS - CUTS 458.14 TRIM 25.29
LOINS 1/4" Trim VAC 210.71 LOINS 1/4" Trim VAC 210.87
LOINS BNLS CC Strap On 317.57 LOINS BNLS CC Strap On 315.33
HAMS - Trm Sel 17-20# No Test HAMS - Trm Sel 17-20# 38.74
Trm Sel 20-23# No Test Trm Sel 20-23# 37.71
Trm Sel 23-27# 35.44 Trm Sel 23-27# 35.73
BELLIES Skn-on 10-12# 200.33 BELLIES Skn-on 10-12# 196.64
BOXED Skn-on 12-14# No Test BOXED Skn-on 12-14# 148.80
BEEF
Des Moines, IA Fri, May 22, 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 05/22 BEEF CUTOUTS - CLOSE 05/22
CH 600-900# $400.87 -0.94 CH 600-900# $396.74 -5.07
SE 600-900# $376.06 -6.47 SE 600-900# $374.18 -8.35
LOADS 21.89 - Choice Cuts LOADS 46.14 - Choice Cuts
6.45 - Select Cuts 13.65 - Select Cuts
7.31 - Trimmings 9.00 - Trimmings
30.80 - Coarse Grinds 32.06 - Coarse Grinds
POULTRY
05/22 - 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
05/21 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/16 Week Ago Yr Ago
160,598 162,954 166,906
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
05/20 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/16 - 231 million, 2% Lr from a year ago
Chick placement for the week ending 05/16 - 170 million, 10% Lr from a year ago
05/22 - Daily New York Eggs
Prices are steady. The undertone is steady. Supplies vary, but are generally
moderate to heavy for needs. Offerings are usually 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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