St Joseph, MO         Tue, Jan 15, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 01/15/2019    (est)    120,000    2,000     480,000     8,000
Week ago (est)                 119,000    2,000     474,000     8,000
Year ago (act)                 117,000    2,000     455,000     9,000
Week to date (est)             239,000    4,000     943,000    15,000
Same Period Last Week (est)    237,000    4,000     954,000    16,000
Same Period Last Year (act)    233,000    3,000     838,000    16,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           95,000            24,000

INDEX
                      01/14  01/11  01/10  01/09  01/08  01/07  01/04
CATFAX FED 6 STATE   123.90 123.89 122.68 122.98 122.98 122.98 122.98
CATFAX FED 3 STATE   123.97 123.97 123.00 123.18 123.18 123.18 123.18
CME FEEDER           144.44 144.65 145.46 145.55 145.70 145.63 146.06
CME LEAN HOG         *57.65  57.21  56.69  55.99  55.10  54.85  54.50
3 Area LEAN HOG       55.20  55.25  54.43  53.85  53.22  52.54  52.66
*DTN 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 15, 2019      USDA Market News

01/15 AM CARCASS CUTOUT - $ 72.38   CHANGE  +1.19  TOTAL LD COUNT  242.78

01/15 PM CARCASS CUTOUT - $ 70.33   CHANGE  -0.86  TOTAL LD COUNT  482.73 

CARLOT PORK -  OPEN 01/15          CARLOT PORK -  CLOSE 01/15
LOADS - CUTS  226.17 TRIM  16.61   LOADS - CUTS  443.00  TRIM 39.73
LOINS 1/4" Trim VAC       80.58    LOINS 1/4" Trim VAC       78.91
LOINS BNLS CC Strap On   107.61    LOINS BNLS CC Strap On   107.04
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    55.90
       Trm Sel  23-27#    53.16           Trm Sel  23-27#    51.32
BELLIES  Skn-on 10-12#   224.10    BELLIES  Skn-on 10-12#   210.34
BOXED    Skn-on 12-14#   181.78    BOXED    Skn-on 12-14#   182.46

BEEF

Des Moines, IA        Tue, Jan 15, 2019      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 to firm on moderate to fairly good demand and
heavy offerings. Select and Choice rib, round, and loin cuts steady to firm.
Choice chuck cuts weak while Select firm. Beef trimmings mostly sharply higher
on moderate to good demand and light offerings.

BEEF CUTOUTS -  OPEN 01/15        BEEF CUTOUTS - CLOSE 01/15
CH 600-900# $212.58  +0.56       CH 600-900# $212.21  +0.19
SE 600-900# $206.17  +0.71       SE 600-900# $205.87  +0.41
LOADS     56.32 - Choice Cuts     LOADS    124.54 - Choice Cuts
          13.86 - Select Cuts               23.33 - Select Cuts
           4.27 - Trimmings                  5.02 - Trimmings
          13.39 - Coarse Grinds             20.45 - Coarse Grinds

POULTRY

Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 01/05/19     Week Ago     Yr Ago     
                                       137,882      117,657    129,090

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 01/11     Week Ago     Yr Ago
                                              $103.87     $104.79     $ 96.09
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: December - $ 89.75

12/19- Weekly Egg Sets & Chicks Placed 
**Latest report not available due to government shut down**
Weekly Egg Sets for the week ending 12/15 - 225 million, down 1% from a
year ago.
Chick placement for the week ending 12/15 - 183 million, up slightly from a
year ago.

01/15 - Daily New York Eggs
Prices are 1 cent higher for Extra Large and Large, 2 cents higher for
Medium. The undertone is steady to firm. Supplies are mostly moderate.
The New York shell egg inventory is 14% lower than last Monday. Demand
into all channels is moderate. Offerings are light to moderate. Market
activity is moderate.

Extra Large    101-105
Large           99-103
Medium          62-66