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St Joseph, MO         Tue, Jul 07, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Tuesday 07/07/2020    (est)    119,000    2,000     469,000     6,000
Week ago (est)                 121,000    2,000     469,000     8,000
Year ago (act)                 120,000    3,000     477,000     9,000
Week to date (est)             234,000    4,000     921,000    15,000
Same Period Last Week (est)    242,000    4,000     937,000    17,000
Same Period Last Year (act)    239,000    5,000     960,000    17,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           92,000            23,000

**Revised Monday Cattle Slaughter..115,000**

INDEX
                      07/06  07/03  07/02  07/01  06/30  06/29  06/26
CATFAX FED 6 STATE    94.93   NA    94.92  95.16  95.73  95.77  96.06
CATFAX FED 3 STATE    94.47   NA    94.41  94.84  95.51  95.51  95.85
CME FEEDER           130.13 128.98 128.88 129.05 129.13 129.42 129.68
CME LEAN HOG         *45.90   NA    45.66  45.02  45.28  45.24  45.23
3 Area LEAN HOG       43.04   NA    43.87  42.61  42.01  42.21  43.13
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, Jul 07, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

07/07 AM CARCASS CUTOUT - $ 65.48   CHANGE  +1.14  TOTAL LD COUNT  210.23

07/07 PM CARCASS CUTOUT - $ 62.60   CHANGE  -1.74  TOTAL LD COUNT  472.46

CARLOT PORK -  OPEN 07/07          CARLOT PORK -  CLOSE 07/07
LOADS - CUTS  189.88 TRIM  20.35   LOADS - CUTS  434.43 TRIM  38.04
LOINS 1/4" Trim VAC       73.81    LOINS 1/4" Trim VAC       72.98
LOINS BNLS CC Strap On   100.72    LOINS BNLS CC Strap On   100.37
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#  No Test
       Trm Sel  23-27#    33.92           Trm Sel  23-27#    34.04
BELLIES  Skn-on 10-12#   177.84    BELLIES  Skn-on 10-12#   179.56
BOXED    Skn-on 12-14#   168.99    BOXED    Skn-on 12-14#   186.42

BEEF

Des Moines, IA        Tue, Jul 07, 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 07/07       BEEF CUTOUTS -  CLOSE 07/07
CH 600-900# $206.04  +0.58        CH 600-900# $205.30  -0.16
SE 600-900# $197.86  +0.89        SE 600-900# $196.84  -0.13
LOADS     27.74 - Choice Cuts     LOADS     68.84 - Choice Cuts
          13.58 - Select Cuts               20.28 - Select Cuts
           5.75 - Trimmings                  9.09 - Trimmings
           7.98 - Coarse Grinds             25.57 - Coarse Grinds

POULTRY

07/07 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $105 to $113 cents FOB
16-24 lb toms $105 to $113 cents FOB

07/02 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 06/27      Week Ago     Yr Ago
                                     164,757      161,890    176,310

07/02 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 07/02    Week Ago      Yr Ago
                                              $ 74.97     $ 74.24     $ 93.75
National Composite Wtd Avg for the Month of: June - $ 74.97

07/01 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 06/27 - 232 million, up 1% from a year ago
Chick placement for the week ending 06/27 - 190 million, down slightly from a 
year ago

07/07 - Daily New York Eggs 
Prices are steady.  The undertone is steady. Supplies are mostly moderate. The 
New York shell egg inventory dropped 1 percent when compared to last Monday. 
Retail demand is moderate to instances fairly good. Offerings are moderate.
Market activity is moderate but slowing.

Extra Large     95-99
Large           93-97
Medium          68-72

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