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St Joseph, MO         Tue, Apr 23, 2024      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Tuesday                      125,000     1,000     486,000     7,000
Week ago                     124,000     1,000     486,000     7,000
Year ago (act)               127,000     1,000     467,000     7,000
Week to Date                 238,000     2,000     968,000    17,000
Same Period Last Week        245,000     2,000     968,000    18,000
Same Period Last Year*       252,000     2,000     935,000    16,000
2024 Year to Date          9,781,288    75,119  41,008,537   606,024
2023*Year to Date         10,281,395    99,285  40,702,632   602,053
Percent Change                 -4.9%    -24.3%       +0.8%     +0.7%
Previous Day Breakdown           Steers/Heifers     Cows/Bulls
                      Monday         92,000           21,000
    **** REVISION ** HOGS ** MON **  482(482)  ** HOGS ** REVISION ****
    2024 *Totals subject to revision / 2023 *Totals adjusted to reflect 
          NASS Revisions / Yearly totals may not add due to rounding.

INDEXES
                        04/22  04/19  04/18  04/17  04/16  04/15  04/12
CATFAX FED 6 STATE     182.71 182.67 183.07 183.43 183.49 183.49 183.49
CATFAX FED 3 STATE     181.97 182.00 181.98 182.01 182.01 182.01 182.01
CME FEEDER             243.22 242.11 241.73 242.35 242.63 241.36 241.07
CME LEAN HOG           *91.45  91.31  91.35  91.46  91.36  90.98  90.73
3 Area LEAN HOG         89.32  89.38  89.13  89.52  89.18  89.11  89.10
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, Apr 23, 2024      USDA Market News

**** THE USDA HAS REVISED THE AFTERNOON NAT'L DAILY PORK REPORT ****
     **** CORRECTIONS ARE NOTED WITH A * BEHIND THE CHANGE ****

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
04/23 MORNING     $ 98.31      -3.39      133.48
04/23 AFTERNOON   $ 96.89*     -4.81*     292.97 

CARLOT PORK                 OPEN         CLOSE
 DATE                      04/23         04/23
 LOADS - CUTS             122.71        274.51
 LOADS - TRIM              10.77         18.47
 LOINS 1/4" Trim VAC      126.77        126.40
 LOINS BNLS CC Strap On   164.86        160.08
 HAMS - Trm Sel  17-20#  No Test       No Test
        Trm Sel  20-23#  No Test         85.45
        Trm Sel  23-27#    88.48         81.89*
 BELLIES  Skn-on 10-12#   268.44        268.50
 BOXED    Skn-on 12-14#   259.45        257.41

BEEF

Des Moines, IA        Tue, Apr 23, 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
                     04/23               04/23
 CH 600-900#    $299.62  +3.69      $297.40  +1.47
 SE 600-900#    $292.61  +0.74      $292.76  +0.89
    LOADS   
     Choice cuts     35.95               97.72
     Select cuts     12.58               18.16
     Trimmings        5.15                7.40
     Coarse Grinds   17.78               22.56
     CH/SEL SPREAD  $ 7.01              $ 4.64

POULTRY

04/23 - 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

04/18 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 04/13      Week Ago    Yr Ago
                                     162,156     160,773     167,566

04/19 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 04/19/2024
      Wtd Avg    Chg         Range         Wk Ago Avg
      $132.08   -0.63   $ 92.00-$155.00     $132.71

04/17 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 04/13 - 247 million, up 2% from a year ago
Chick placement for the week ending 04/13 - 190 million, up 2% from a year ago

04/23 - New York Eggs
Prices are down 5 cents for larger sizes and Medium. The undertone is steady 
to barely steady. The New York shell egg inventory is down 10 percent compared
to last week. Demand is mostly moderate. Offerings are moderate. Supplies are 
light to moderate. Market activity is moderate.

Extra Large   244-248
Large         242-246
Medium        240-236
    ** 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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