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St Joseph, MO         Tue, Jan 21, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 01/21/2020    (est)    123,000    2,000     498,000     9,000
Week ago (est)                 123,000    2,000     497,000     9,000
Year ago (act)                 117,000    2,000     473,000    10,000
Week to date (est)             245,000    4,000     909,000    17,000
Same Period Last Week (est)    244,000    4,000     995,000    17,000
Same Period Last Year (act)    233,000    3,000     867,000    17,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           98,000            24,000

**Revised Monday Hog Slaughter..411,000**

INDEX
                      01/20  01/17  01/16  01/15  01/14  01/13  01/10
CATFAX FED 6 STATE   124.01 124.01 124.09 124.17 124.15 124.15 124.15
CATFAX FED 3 STATE   124.00 124.00 124.01 124.04 124.02 124.02 124.02
CME FEEDER           145.46 145.69 145.67 146.35 146.57 146.51 146.46
CME LEAN HOG         *60.18  60.14  60.45  60.15  59.53  59.00  58.99
3 Area LEAN HOG       58.96  58.54  58.63  58.26  57.90  57.50  57.68
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        Tue, Jan 21, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

01/21 AM CARCASS CUTOUT - $ 78.28   CHANGE  +1.17  TOTAL LD COUNT  207.32

01/21 PM CARCASS CUTOUT - $ 78.19   CHANGE  +1.08  TOTAL LD COUNT  374.24

CARLOT PORK -  OPEN 01/21          CARLOT PORK -  CLOSE 01/21
LOADS - CUTS  190.85 TRIM  16.47   LOADS - CUTS  344.65  TRIM 29.59
LOINS 1/4" Trim VAC       83.83    LOINS 1/4" Trim VAC       83.72
LOINS BNLS CC Strap On   107.03    LOINS BNLS CC Strap On   107.84
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    81.99
       Trm Sel  23-27#    78.01           Trm Sel  23-27#    79.51
BELLIES  Skn-on 10-12#   196.23    BELLIES  Skn-on 10-12#   202.17
BOXED    Skn-on 12-14#   200.38    BOXED    Skn-on 12-14#   204.64

BEEF

Des Moines, IA        Tue, Jan 21, 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.

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

BEEF CUTOUTS -  OPEN 01/21        BEEF CUTOUTS - CLOSE 01/21
CH 600-900# $215.43  +0.79        CH 600-900# $214.51  -0.13
SE 600-900# $213.36  -0.12        SE 600-900# $213.47  -0.01 
LOADS     34.05 - Choice Cuts     LOADS     76.13 - Choice Cuts
           6.07 - Select Cuts               12.96 - Select Cuts
           6.26 - Trimmings                 12.71 - Trimmings
           8.01 - Coarse Grinds             13.54 - Coarse Grinds

POULTRY

01/21 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $91 to $100 cents FOB
16-24 lb toms $91 to $100 cents FOB

01/16 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 01/11      Week Ago     Yr Ago
                                     173,135      146,507    165,877

01/17 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 01/17    Week Ago      Yr Ago
                                              $ 90.96     $ 91.46     $ 99.96
National Composite Wtd Avg for the Month of:  December -  $ 84.63

01/15 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 01/11 - 239 million, up 4% from a year ago
Chick placement for the week ending 01/11 - 191 million, up 4% from a year ago

01/21 - Daily New York Eggs
Prices are up on all sizes. Trade sentiment is steady to higher. Supplies range
light to at times heavy, mostly light to moderate. Offerings are moderate. 
Demand into all channels is moderate to fairly good. Market activity is
moderate.

Extra Large     83-87
Large           81-85
Medium          68-72

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