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St Joseph, MO         Tue, Jul 16, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 07/16/2019    (est)    121,000    2,000     475,000     9,000
Week ago (est)                 121,000    2,000     478,000     9,000
Year ago (act)                 120,000    3,000     459,000     8,000
Week to date (est)             238,000    4,000     885,000    18,000
Same Period Last Week (est)    241,000    4,000     957,000    18,000
Same Period Last Year (act)    236,000    5,000     888,000    15,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           95,000            22,000

INDEX
                      07/15  07/12  07/11  07/10  07/09  07/08  07/05  07/04
CATFAX FED 6 STATE   112.74 112.74 114.52 110.42 110.42 110.40 110.40   NA
CATFAX FED 3 STATE   111.54 111.54 109.02 109.02 109.02 109.00 109.00   NA
CME FEEDER                  140.46 141.08 139.59 135.82 135.44 134.37 133.21
CME LEAN HOG         *70.62  70.73  70.73  70.65  70.77  71.25  71.92   NA
3 Area LEAN HOG       67.91  67.90  67.87  68.08  68.00  68.49  68.54   NA
**NA = Not Available Due to Packer Submission Issues.

*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        Tue, Jul 16, 2019      USDA Market News

07/16 AM CARCASS CUTOUT - $ 74.76   CHANGE  +1.86  TOTAL LD COUNT  233.78

07/15 PM CARCASS CUTOUT - $ 72.90   CHANGE  +1.25  TOTAL LD COUNT  281.35

CARLOT PORK -  OPEN 07/16          CARLOT PORK -  CLOSE 07/15
LOADS - CUTS  220.84 TRIM  12.94   LOADS - CUTS  261.74  TRIM 19.61
LOINS 1/4" Trim VAC      101.99    LOINS 1/4" Trim VAC       98.94
LOINS BNLS CC Strap On   106.23    LOINS BNLS CC Strap On   105.37
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    73.24           Trm Sel  20-23#    68.24
       Trm Sel  23-27#    68.92           Trm Sel  23-27#    67.35
BELLIES  Skn-on 10-12#   180.86    BELLIES  Skn-on 10-12#   164.43
BOXED    Skn-on 12-14#   190.31    BOXED    Skn-on 12-14#   150.15

BEEF

Des Moines, IA        Tue, Jul 16, 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 07/16        BEEF CUTOUTS - CLOSE 07/15
CH 600-900# $213.91  +0.64        CH 600-900# $213.27  +0.47
SE 600-900# $190.30  +1.09        SE 600-900# $189.21  -0.39  
LOADS     31.68 - Choice Cuts     LOADS     65.72 - Choice Cuts
          18.62 - Select Cuts               35.33 - Select Cuts
           6.11 - Trimmings                 11.12 - Trimmings
           9.59 - Coarse Grinds             30.63 - Coarse Grinds

POULTRY

07/11 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 07/06      Week Ago     Yr Ago
                                     152,427      176,310    144,435

07/12 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 07/12    Week Ago      Yr Ago
                                              $ 92.81     $ 93.75     $112.48
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: June - $ 94.63

07/10 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 07/06 - 233 million, up 1% from a year ago
Chick placement for the week ending 07/06 - 187 million, up slightly from a 
year ago

07/16 - Daily New York Eggs
Prices are 1 cent lower for Extra Large and Large, steady for Medium eggs. The
undertone is steady to weak. Supplies of all sizes are available to heavy. The
New York shell egg inventory is up 3% when compared to last Monday. Offerings
are moderate. Retail and distributive demand is light to moderate. Market
activity is slow to moderate.

Extra Large     61-65
Large           59-63
Medium          45-49

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