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St Joseph, MO         Fri, July 12, 2024     USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS        SHEEP
Friday                       118,000     1,000     470,000      3,000
Week ago                     116,000     1,000     445,000      3,000
Year ago (act)               121,000     1,000     456,000      4,000
Week to Date                 594,000     5,000   2,360,000     35,000
Same Period Last Week        475,000     4,000   1,874,000     28,000
Same Period Last Year*       625,000     5,000   2,311,000     32,000
2024 Year to Date         16,691,873   117,272  68,158,737  1,018,871
2023*Year to Date         17,469,222   159,046  67,392,059    979,977
Percent Change                 -4.5%    -26.3%        1.1%       4.0%

Saturday                       7,000     0,000      26,000      0,000
Week ago                      47,000     0,000     160,000      0,000
Year ago (act)                 8,000     0,000      27,000      0,000
Week to Date                 601,000     5,000   2,386,000     35,000
Same Period Last Week        522,000     4,000   2,034,000     28,000
Same Period Last Year*       633,000     5,000   2,338,000     32,000
2024 Year to Date         16,698,873   117,272  68,184,737  1,018,871
2023*Year to Date         17,477,332   159,241  67,419,127    979,977
Percent Change                 -4.5%    -26.4%        1.1%       4.0%
Previous Day Breakdown             Steers/Heifers    Cows/Bulls
                      Thursday         98,000          24,000
   2024  *Totals subject to revision / 2023 *Totals adjusted to reflect 
        NASS Revisions / Yearly totals may not add due to rounding

INDEXES
                         07/11  07/10  07/09  07/08  07/05  07/04  07/03
CATFAX FED 6 STATE      192.99 193.07 193.12 195.08 194.79 193.42 194.48
CATFAX FED 3 STATE      188.20 188.59 189.05 190.21 190.21 193.42 190.08
CME FEEDER              261.04 261.53 258.15 257.33 258.29 255.08 255.69
CME LEAN HOG            *88.38  88.65  88.67  88.43  88.76   NA    89.20
3 Area LEAN HOG          85.73  85.99  86.55  85.81  85.74   NA    86.75
NA = Not Available; **NA = Not Available Due to Packer Submission Issues;
*NA* = Not Available Due to Confidentiality; + 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, July 12, 2024     USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
07/12 MORNING     $ 98.73      +2.50      143.43
07/12 AFTERNOON   $ 98.84      +2.61      244.26 

CARLOT PORK                 OPEN         CLOSE
 DATE                      07/12         07/12
 LOADS - CUTS             121.60        215.20
 LOADS - TRIM              21.82         29.06
 LOINS 1/4" Trim VAC      124.27        125.69
 LOINS BNLS CC Strap On   140.94        148.73
 HAMS - Trm Sel  17-20#  No Test       No Test
        Trm Sel  20-23#   100.04        102.64
        Trm Sel  23-27#   104.66        104.71
 BELLIES  Skn-on 10-12#   260.54        260.50
 BOXED    Skn-on 12-14#  No Test       No Test

BEEF

Des Moines, IA        Fri, July 12, 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
                     07/12               07/12
 CH 600-900#    $322.16  +0.51      $322.06  +0.41
 SE 600-900#    $303.17  -0.21      $302.31  -1.07
    LOADS   
     Choice cuts     55.54               70.32
     Select cuts      7.72               12.95
     Trimmings        3.57                6.15
     Coarse Grinds   11.01               12.91
     CH/SEL SPREAD  $18.99              $19.75

POULTRY

07/12 - Daily Turkey Market
Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $ 76 to $103 cents FOB
16-24 lb toms $ 78 to $105 cents FOB

07/11 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 07/06      Week Ago    Yr Ago
                                     142,583      171,627   147,841

07/12 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 07/12/24
      Wtd Avg    Chg         Range         Wk Ago Avg
      $132.04   +0.07   $ 90.00-$150.00     $131.97

07/10 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/06 - 247 million, up 2% from a year ago
Chick placement for the week ending 07/06 - 190 million, up 1% from a year ago

07/12 - New York Eggs
Prices are unchanged for Extra Large and Large and 2 cents lower for Medium.
The undertone is steady. Demand remains mostly moderate. Offerings are light to
moderate. Supplies are light to moderate. Market activity is moderate.

Extra Large   238-242
Large         236-240
Medium        175-179
    ** 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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