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St Joseph, MO Wed, May 08, 2024 USDA Market News
Daily Livestock Slaughter Under Federal Inspection
CATTLE CALVES HOGS SHEEP
Wednesday 123,000 1,000 477,000 7,000
Week ago 123,000 1,000 480,000 7,000
Year ago (act) 125,174 1,000 465,000 6,000
Week to Date 367,000 3,000 1,436,000 23,000
Same Period Last Week 360,000 3,000 1,438,000 24,000
Same Period Last Year* 379,689 3,000 1,383,430 22,000
2024 Year to Date 11,138,013 86,650 46,252,626 680,425
2023*Year to Date 11,655,574 110,323 45,982,672 674,705
Percent Change -4.4% -24.2% +0.6% +0.9%
Previous Day Breakdown Steers/Heifers Cows/Bulls
Tuesday 100,000 24,000
2024 *Totals subject to revision / 2023 *Totals adjusted to reflect
NASS Revisions / Yearly totals may not add due to rounding.
INDEXES
05/07 05/06 05/03 05/02 05/01 04/30 04/29
CATFAX FED 6 STATE 184.00 185.92 185.86 186.25 184.62 183.37 183.32
CATFAX FED 3 STATE 184.00 184.00 184.00 184.00 184.00 184.00 184.00
CME FEEDER 239.45 239.53 240.05 242.39 243.37 247.06 247.03
CME LEAN HOG *91.28 91.03 90.80 90.96 90.92 90.60 90.26
3 Area LEAN HOG 89.07 88.75 88.72 88.80 88.78 88.39 88.30
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 Wed, May 08, 2024 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS CUTOUT CHANGE TOTAL LDS
05/08 MORNING $ 99.79 +2.70 134.79
05/08 AFTERNOON $ 99.29 +2.20 261.28
CARLOT PORK OPEN CLOSE
DATE 05/08 05/08
LOADS - CUTS 114.05 209.19
LOADS - TRIM 20.75 52.10
LOINS 1/4" Trim VAC 131.88 130.87
LOINS BNLS CC Strap On 160.63 161.33
HAMS - Trm Sel 17-20# No Test 86.67
Trm Sel 20-23# 83.69 85.88
Trm Sel 23-27# 85.17 85.04
BELLIES Skn-on 10-12# 263.95 263.71
BOXED Skn-on 12-14# No Test 251.15
BEEF
Des Moines, IA Wed, May 08, 2024 USDA Market News
NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated
ESTIMATED BOXED BEEF CUT-OUT VALUES
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.
MORNING AFTERNOON
BEEF CUTOUTS OPEN CHNG CLOSE CHNG
05/08 05/08
CH 600-900# $296.70 -1.79 $296.67 -1.82
SE 600-900# $288.88 -3.46 $288.25 -4.09
LOADS
Choice cuts 61.39 87.96
Select cuts 17.09 25.48
Trimmings 8.40 9.36
Coarse Grinds 11.39 22.46
CH/SEL SPREAD $ 7.82 $ 8.42
POULTRY
05/08 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
8-16 lb hens $ 84 to $103 cents FOB
16-24 lb toms $ 86 to $105 cents FOB
05/02 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 04/27 Week Ago Yr Ago
163,751 162,094 165,811
05/03 - Weekly National Chicken Report
National Composite Whole Bird for the Week Ending: 05/0332024
Wtd Avg Chg Range Wk Ago Avg
$132.53 +0.52 $103.00-$155.00 $132.01
05/08 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/04 - 247 million, up 1% from a year ago
Chick placement for the week ending 05/04 - 190 million, up 2% from a year ago
05/08 - New York Eggs
Prices are unchanged for Extra Large, Large and Medium. The undertone is weak.
Demand is light to moderate. Offerings are light to moderate. Supplies are
moderate. Market activity is slow to moderate.
Extra Large 159-163
Large 157-161
Medium 153-157
** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, USDA GRADE A AND
GRADE A, WHITE EGGS IN CARTONS, DELIVERED STORE DOOR, CENTS PER DOZEN.**
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