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St Joseph, MO    Fri Nov 27, 2020     USDA Market News
Daily Livestock Slaughter under Federal Inspection

Thursday 11/26/2020              1,000        0       2,000         0
Week ago                       119,000    1,000     485,000     7,000
Year ago (act)                       0    1,000           0         0
Week to date                   361,000    6,000   1,490,000    22,000
Same Period Last Week          478,000    7,000   1,949,000    30,000
Same Period Last Year (act)    348,000    8,000   1,462,000    26,000
Previous Day                 Steer and Heifer  Cow and Bull
                 Wednesday      93,000               25,000

                               CATTLE   CALVES        HOGS     SHEEP
Friday 11/27/2020              115,000    1,000     480,000     2,000
Week ago                       115,000    1,000     485,000     6,000
Year ago (act)                 113,000    2,000     480,000     6,000
Week to date                   476,000    7,000   1,970,000    24,000
Same Period Last Week          593,000    8,000   2,434,000    36,000
Same Period Last Year (act)    461,000   10,000   1,942,000    32,000

Saturday 11/28/2020             88,000        0     380,000         0
Week ago                        72,000        0     277,000         0
Year ago (act)                  95,000        0     380,000     1,000
Week to date                   564,000    7,000   2,350,000    24,000
Same Period Last Week          665,000    8,000   2,711,000    36,000
Same Period Last Year* (act)   555,000    9,000   2,322,000    33,000
2020 Year to Date            29,293,00  404,000 118,778,000 1,709,000
2019 *Year to Date           30,349,00  530,000 117,869,000 1,846,000
Percent change                   -3.5%   -23.7%        0.8%     -7.4%
2020 *Totals subject to revision
2019 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day                 Steer and Heifer  Cow and Bull
                 Thursday        1,000                    0


INDEX
                       11/26 11/25  11/24  11/23  11/20  11/19  11/18       
CATFAX FED 6 STATE     NA    NA    109.50 109.49 109.49 109.67 109.69   
CATFAX FED 3 STATE     NA    NA    109.32 109.32 109.32 109.61 109.64     
CME FEEDER             NA   136.90 137.43 137.12 136.95 136.75 137.51   
CME LEAN HOG          *NA    x      67.38  67.70  67.83  68.14  68.77         
3 Area LEAN HOG        NA    65.68  65.88  66.14  66.22  66.62  67.33        
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, Nov 27, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

11/27 AM CARCASS CUTOUT - $ 78.80   CHANGE  +0.45  TOTAL LD COUNT  129.64

11/27 PM CARCASS CUTOUT - $ 79.96   CHANGE  +1.61  TOTAL LD COUNT  214.07

CARLOT PORK -  OPEN 11/27          CARLOT PORK -  CLOSE 11/27
LOADS - CUTS  116.86 TRIM  12.78   LOADS - CUTS  181.14 TRIM  32.93
LOINS 1/4" Trim VAC       82.04    LOINS 1/4" Trim VAC       81.91
LOINS BNLS CC Strap On   114.22    LOINS BNLS CC Strap On   120.27
HAMS - Trm Sel  17-20#   No test   HAMS - Trm Sel  17-20#   No test
       Trm Sel  20-23#    67.09           Trm Sel  20-23#    67.48
       Trm Sel  23-27#    64.94           Trm Sel  23-27#    65.58
BELLIES  Skn-on 10-12#   180.46    BELLIES  Skn-on 10-12#   181.02
BOXED    Skn-on 12-14#   No test   BOXED    Skn-on 12-14#   222.42

BEEF

Des Moines, IA       Fri, Nov 27, 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 11/27         BEEF CUTOUTS -  CLOSE 11/27
CH 600-900# $243.85  -1.21        CH 600-900# $242.85  -2.21
SE 600-900# $220.94  +0.04        SE 600-900# $220.68  -0.22
LOADS     11.58 - Choice Cuts     LOADS     29.50 - Choice Cuts
           2.97 - Select Cuts                6.56 - Select Cuts
           4.80 - Trimmings                  7.63 - Trimmings
           7.16 - Coarse Grinds              7.38 - Coarse Grinds

POULTRY

11/25 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $100 to $120 cents FOB
16-24 lb toms $100 to $120 cents FOB

11/26 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/21      Week Ago     Yr Ago
                                     163,084      166,758    164,828

11/27 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 11/27    Week Ago      Yr Ago
                                              $ 83.83    $ 80.05      $ 79.50
National Composite Wtd Avg for the Month of:  November  - $76.80

11/25 - Weekly Egg Sets & Chicks Placed - Delayed due to Veterans Day holiday
Weekly Egg Sets for the week ending 11/21 - 235 million, off 1% from a year ago
Chick placement for the week ending 11/21 - 177 million, off 2% from a year ago

11/27 New York Eggs
Prices are unchanged.  The undertone is weak.  Supplies are moderate 
to instances heavy for current needs.  Offerings are moderate.  Retail 
demand ranges light to fairly good.  Food service demand is light.   
Market activity is slow to moderate.    
Extra Large    108-112
Large          106-110
Medium          94-98

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