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St Joseph, MO         Fri, Dec 06, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Friday 12/06/2019     (est)    121,000    2,000     488,000     7,000
Week ago (est)                 115,000    2,000     486,000     7,000
Year ago (act)                 121,000    3,000     471,000     7,000
Week to date (est)             598,000   11,000   2,470,000    38,000
Same Period Last Week (est)    458,000    9,000   1,953,000    28,000
Same Period Last Year (act)    603,000   13,000   2,374,000    43,000

Saturday 12/07/2019   (est)     81,000        0     329,000     1,000
Week ago (est)                  95,000        0     380,000     1,000
Year ago (act)                  66,000        0     193,000         0
Week to date (est)             679,000   11,000   2,799,000    39,000
Same Period Last Week (est)    553,000    9,000   2,333,000    29,000
Same Period Last Year*(act)    669,000   14,000   2,568,000    43,000
2019 Year to Date            31,026,00  540,000 120,679,000 1,881,000
2018 *Year to Date           30,689,00  533,000 116,052,000 1,865,000
Percent change                    1.1%     1.3%        4.0%      0.9%
2019 *Totals subject to revision
2018 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated             Steer and Heifer  Cow and Bull
                      Thursday          93,000          27,000

INDEX
                      12/05  12/04  12/03  12/02  11/29  11/28  11/27
CATFAX FED 6 STATE   118.92 118.79 118.69 118.69 118.69 118.45 117.64
CATFAX FED 3 STATE   119.00 118.90 118.38 118.38 118.38 118.34 117.74
CME FEEDER           144.49 144.53 145.19 145.03 144.97+144.62 144.71
CME LEAN HOG         *58.49  58.34  58.20  57.38  57.35   NA    58.35
3 Area LEAN HOG       56.51  56.76  57.21  56.36  54.77   NA    55.78
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, Dec 06, 2019      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/06 AM CARCASS CUTOUT - $ 82.42   CHANGE  +1.06  TOTAL LD COUNT  198.79

12/06 PM CARCASS CUTOUT - $ 82.08   CHANGE  +0.72  TOTAL LD COUNT  289.13

CARLOT PORK -  OPEN 12/06          CARLOT PORK -  CLOSE 12/06
LOADS - CUTS  183.47 TRIM  15.32   LOADS - CUTS  255.97  TRIM 33.15
LOINS 1/4" Trim VAC       83.47    LOINS 1/4" Trim VAC       83.64
LOINS BNLS CC Strap On   129.09    LOINS BNLS CC Strap On   125.59
HAMS - Trm Sel  17-20#    89.72    HAMS - Trm Sel  17-20#    89.72
       Trm Sel  20-23#    90.26           Trm Sel  20-23#    90.72
       Trm Sel  23-27#    88.88           Trm Sel  23-27#    89.67
BELLIES  Skn-on 10-12#   203.89    BELLIES  Skn-on 10-12#   199.61
BOXED    Skn-on 12-14#   225.87    BOXED    Skn-on 12-14#   227.10

BEEF

Des Moines, IA        Fri, Dec 06, 2019      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.

Boxed beef cutout values lower on light to moderate demand and heavy offerings.
Select and Choice rib and loin cuts steady while chuck and round cuts steady to
weak. Beef trimmings sharply higher on good demand and moderate offerings.

BEEF CUTOUTS -  OPEN 12/06        BEEF CUTOUTS - CLOSE 12/06
CH 600-900# $225.18  -0.42        CH 600-900# $224.56  -1.04
SE 600-900# $208.29  +0.17        SE 600-900# $207.30  -0.82 
LOADS     43.78 - Choice Cuts     LOADS     77.72 - Choice Cuts
          14.51 - Select Cuts               22.67 - Select Cuts
           5.07 - Trimmings                 10.07 - Trimmings
          13.99 - Coarse Grinds             21.31 - Coarse Grinds

POULTRY

12/06 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $95 to $103 cents FOB
16-24 lb toms $87 to $103 cents FOB

12/05 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/30      Week Ago     Yr Ago
                                     129,887      164,828    165,509

12/06 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 12/06    Week Ago      Yr Ago
                                              $ 82.59     $ 79.50     $ 86.57
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  November -  $ 78.30

12/04 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 11/30 - 233 million, up 1% from a year ago
Chick placement for the week ending 11/30 - 182 million, up 2% from a year ago

12/06 - Daily New York Eggs
Prices are 6 cents lower for Extra Large and Large, 2 cents lower for Medium.
The undertone is lower. Supplies are adequate to ample for needs. Offerings are
light to moderate. Demand is light to moderate. Market activity is slow to
moderate.

Extra Large    140-144
Large          136-142
Medium          92-96

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