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St Joseph, MO         Wed, Feb 24, 2021      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 02/24/2021           121,000    2,000     497,000     6,000
Week ago                        99,000    2,000     475,000     6,000
Year ago (act)                 123,000    2,000     497,000     7,000
Week to date                   362,000    6,000   1,483,000    23,000
Same Period Last Week          269,000    6,000   1,298,000    21,000
Same Period Last Year (act)    363,000    6,000   1,485,000    21,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Tuesday          96,000            26,000

INDEXES
                       02/23  02/22  02/19  02/18  02/17  02/16  02/15
CATFAX FED 6 STATE    113.98 113.97 113.97 113.95 113.87 113.83 113.84
CATFAX FED 3 STATE    114.00 114.00 114.00 114.00 114.00 114.00 114.01
CME FEEDER              NA   140.39 141.12 138.11 136.29 135.71 135.60
CME LEAN HOG          *79.12  78.16  77.74  77.43  77.20  76.53  75.15
3 Area LEAN HOG        77.42  76.59  75.43  75.55  74.79  74.38  74.99
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, Feb 24, 2021      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

02/24 AM CARCASS CUTOUT - $ 95.31   CHANGE  +2.56  TOTAL LD COUNT  211.90

02/24 PM CARCASS CUTOUT - $ 92.14   CHANGE  -0.61  TOTAL LD COUNT  371.34

CARLOT PORK -  OPEN  02/24         CARLOT PORK -  CLOSE 02/24
LOADS - CUTS  181.40 TRIM  30.50   LOADS - CUTS  326.39 TRIM  44.95
LOINS 1/4" Trim VAC       91.67    LOINS 1/4" Trim VAC       90.48
LOINS BNLS CC Strap On   115.78    LOINS BNLS CC Strap On   116.35
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    68.46           Trm Sel  20-23#    76.05
       Trm Sel  23-27#    75.78           Trm Sel  23-27#    75.30
BELLIES  Skn-on 10-12#   234.82    BELLIES  Skn-on 10-12#   236.43
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Wed, Feb 24, 2021      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  02/24       BEEF CUTOUTS -  CLOSE 02/24
CH 600-900# $241.40  +1.11        CH 600-900# $240.75  +0.46
SE 600-900# $229.89  -0.64        SE 600-900# $229.79  -0.74
LOADS     54.48 - Choice Cuts     LOADS     78.36 - Choice Cuts
           5.54 - Select Cuts               13.10 - Select Cuts
          10.32 - Trimmings                 16.07 - Trimmings
          10.22 - Coarse Grinds             21.53 - Coarse Grinds

POULTRY

02/24 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $107 to $113 cents FOB
16-24 lb toms $107 to $113 cents FOB

02/18- Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/13      Week Ago     Yr Ago
                                     163,944      167,930    170,974

02/19 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 02/19    Week Ago      Yr Ago
                                              $ 83.16    $ 82.74      $ 78.39
National Composite Wtd Avg for the Month of:  January -  $ 82.29

02/24 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 02/20 - 231 million, off 3% from a year ago
Chick placement for the week ending 02/20 - 183 million, off 4% from a year ago

02/24 - New York Eggs
Prices are unchanged on all sizes. The undertone is steady. Supplies are mixed,
usually adequate to instances available. Offerings are light to moderate.
Retail demand is moderate to fairly good. Market activity is slow to moderate.

Extra Large    127-131
Large          125-129
Medium          97-101

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