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St Joseph, MO         Mon, Jul 06, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Friday 07/03/2020     (est)    109,000    1,000     176,000     1,000
Week ago (est)                 119,000    1,000     472,000     6,000
Year ago (act)                 118,000    2,000     430,000     3,000
Week to date (est)             593,000    8,000   2,043,000    33,000
Same Period Last Week (est)    598,000    7,000   2,318,000    38,000
Same Period Last Year (act)    484,000   11,000   1,867,000    31,000

Saturday 07/04/2020   (est)          0        0           0         0
Week ago (est)                  82,000        0     307,000         0
Year ago (act)                  93,000        0     189,000         0
Week to date (est)             593,000    8,000   2,043,000    33,000
Same Period Last Week (est)    680,000    7,000   2,625,000    38,000
Same Period Last Year*(act)    578,000   10,000   2,056,000    31,000
2020 Year to Date           15,868,000  234,000  64,327,000   972,000
2019 *Year to Date          16,844,000  288,000  64,524,000 1,050,000
Percent change                   -5.8%   -18.7%       -0.3%     -7.4%
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         97,000            24,000

                               CATTLE    CALVES       HOGS      SHEEP
Monday 07/06/2020     (est)    119,000    2,000     452,000     9,000
Week ago (est)                 121,000    2,000     468,000     9,000
Year ago (act)                 119,000    2,000     483,000     8,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Friday           93,000            16,000
                      Saturday              0                 0

INDEX
                      07/03  07/02  07/01  06/30  06/29  06/26
CATFAX FED 6 STATE     NA    94.92  95.16  95.73  95.77  96.06
CATFAX FED 3 STATE     NA    94.41  94.84  95.51  95.51  95.85
CME FEEDER           128.98 128.88 129.05 129.13 129.42 129.68
CME LEAN HOG           NA   *45.66  45.02  45.28  45.24  45.23
3 Area LEAN HOG        NA    43.87  42.61  42.01  42.21  43.13
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        Mon, Jul 06, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

07/06 AM CARCASS CUTOUT - $ 68.05   CHANGE  +1.59  TOTAL LD COUNT  217.42

07/06 PM CARCASS CUTOUT - $ 64.34   CHANGE  -2.12  TOTAL LD COUNT  467.53

CARLOT PORK -  OPEN 07/06          CARLOT PORK -  CLOSE 07/06
LOADS - CUTS  189.92 TRIM  27.49   LOADS - CUTS  414.56 TRIM  52.97
LOINS 1/4" Trim VAC       73.03    LOINS 1/4" Trim VAC       71.93
LOINS BNLS CC Strap On   103.44    LOINS BNLS CC Strap On    98.61
HAMS - Trm Sel  17-20#    37.47    HAMS - Trm Sel  17-20#    35.98
       Trm Sel  20-23#    35.08           Trm Sel  20-23#    35.77
       Trm Sel  23-27#    34.29           Trm Sel  23-27#    33.42
BELLIES  Skn-on 10-12#   208.24    BELLIES  Skn-on 10-12#    NA
BOXED    Skn-on 12-14#   133.43    BOXED    Skn-on 12-14#   134.39

BEEF

Des Moines, IA        Mon, Jul 06, 2020      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.

BEEF CUTOUTS -  OPEN 07/06       BEEF CUTOUTS -  CLOSE 07/06
CH 600-900# $205.06  -0.38        CH 600-900# $205.46  +0.02
SE 600-900# $196.49  -2.27        SE 600-900# $196.97  -1.79
LOADS     64.44 - Choice Cuts     LOADS     91.91 - Choice Cuts
          17.15 - Select Cuts               24.67 - Select Cuts
          18.86 - Trimmings                 21.04 - Trimmings
          16.68 - Coarse Grinds             31.79 - Coarse Grinds

POULTRY

07/06 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $105 to $113 cents FOB
16-24 lb toms $105 to $113 cents FOB

07/02 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 06/27      Week Ago     Yr Ago
                                     164,757      161,890    176,310

07/02 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 07/02    Week Ago      Yr Ago
                                              $ 74.97     $ 74.24     $ 93.75
National Composite Wtd Avg for the Month of: June - $ 74.97

07/01 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 06/27 - 232 million, up 1% from a year ago
Chick placement for the week ending 06/27 - 190 million, down slightly from a 
year ago

07/06 - Daily New York Eggs 
Prices are unchanged on all sizes. The undertone is steady. Supplies are mostly
moderate for current needs. Retail demand is moderate to instances fairly good.
Offerings are moderate. Market activity is moderate.

Extra Large     95-99
Large           93-97
Medium          68-72

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