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St Joseph, MO         Thu, Sep 19, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 09/19/2019   (est)    116,000    2,000     488,000     7,000
Week ago (est)                 114,000    2,000     486,000     7,000
Year ago (act)                 118,000    2,000     438,000     8,000
Week to date (est)             467,000    8,000   1,951,000    31,000
Same Period Last Week (est)    462,000    8,000   1,943,000    31,000
Same Period Last Year (act)    470,000   11,000   1,708,000    31,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        91,000            25,000

INDEX
                      09/18  09/17  09/16  09/13  09/12  09/11  09/10
CATFAX FED 6 STATE   100.00  99.77  99.77  99.58  99.04 100.06 100.19
CATFAX FED 3 STATE    99.68  99.29  99.29  99.06  98.75  99.57  99.61
CME FEEDER                  137.33 137.12 136.09 136.09 136.65 136.94
CME LEAN HOG         *56.32  56.76  57.49  58.48  59.71  60.69  61.85
3 Area LEAN HOG       53.89  54.13  55.08  55.75  57.14  57.95  59.13
**NA = Not Available Due to Packer Submission Issues.
+ Before the CME Feeder price indicates a revision by the CME.

*DTN 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, Sep 19, 2019      USDA Market News

09/19 AM CARCASS CUTOUT - $ 68.13   CHANGE  +0.02  TOTAL LD COUNT  146.58

09/18 PM CARCASS CUTOUT - $ 68.11   CHANGE  -0.10  TOTAL LD COUNT  380.41

CARLOT PORK -  OPEN 09/19          CARLOT PORK -  CLOSE 09/18
LOADS - CUTS  132.98 TRIM  13.60   LOADS - CUTS  347.65  TRIM 32.76
LOINS 1/4" Trim VAC       78.96    LOINS 1/4" Trim VAC       82.60
LOINS BNLS CC Strap On   120.27    LOINS BNLS CC Strap On   118.46
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    62.87           Trm Sel  20-23#    63.32
       Trm Sel  23-27#    61.39           Trm Sel  23-27#    60.37
BELLIES  Skn-on 10-12#   172.74    BELLIES  Skn-on 10-12#   167.64
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   199.67

BEEF

Des Moines, IA        Thu, Sep 19, 2019      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 09/19        BEEF CUTOUTS - CLOSE 09/18
CH 600-900# $218.41  +0.17        CH 600-900# $218.24  -1.53
SE 600-900# $192.53  +0.56        SE 600-900# $191.97  -1.94 
LOADS     25.22 - Choice Cuts     LOADS     72.43 - Choice Cuts
          17.65 - Select Cuts               53.79 - Select Cuts
           3.94 - Trimmings                 25.81 - Trimmings
          12.23 - Coarse Grinds             19.53 - Coarse Grinds

POULTRY

09/18 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $89 to $99 cents FOB
16-24 lb toms $89 to $99 cents FOB                             

09/19 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 09/14      Week Ago     Yr Ago
                                     173,696      148,929    161,759

09/13 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 09/13    Week Ago      Yr Ago
                                              $ 76.19     $ 76.08     $ 83.08
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  August - $ 80.88

09/18 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 09/14 - 223 million, up 5% from a year ago
Chick placement for the week ending 09/14 - 186 million, up 2% from a year ago

09/19 - Daily New York Eggs
Extra Large and Large egg prices are 2 cents lower, however Medium egg prices
remain unchanged. The undertone is steady to weak. Supplies are moderate to
heavy. Offerings are moderate. Demand continues moderate. Market activity is
slow to moderate.

Extra Large     74-78
Large           72-76
Medium          59-63

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