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St Joseph, MO         Thu, Jul 18, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 07/18/2019   (est)    121,000    2,000     472,000     7,000
Week ago (est)                 118,000    2,000     479,000     8,000
Year ago (act)                 120,000    2,000     448,000     7,000
Week to date (est)             481,000    8,000   1,820,000    33,000
Same Period Last Week (est)    478,000    8,000   1,914,000    34,000
Same Period Last Year (act)    474,000    9,000   1,796,000    29,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        96,000            26,000

INDEX
                      07/17  07/16  07/15  07/12  07/11  07/10  07/09 
CATFAX FED 6 STATE   112.58 112.74 112.74 112.74 114.52 110.42 110.42
CATFAX FED 3 STATE   111.41 111.54 111.54 111.54 109.02 109.02 109.02
CME FEEDER           140.00 141.01 141.09 140.46 141.08 139.59 135.82
CME LEAN HOG         *71.52  70.79  70.62  70.73  70.73  70.65  70.77
3 Area LEAN HOG       69.37  68.26  67.91  67.90  67.87  68.08  68.00
**NA = Not Available Due to Packer Submission Issues.

*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        Thu, Jul 18, 2019      USDA Market News

07/18 AM CARCASS CUTOUT - $ 78.37   CHANGE  +1.89  TOTAL LD COUNT  166.16

07/18 PM CARCASS CUTOUT - $ 76.60   CHANGE  +0.12  TOTAL LD COUNT  276.29

CARLOT PORK -  OPEN 07/18          CARLOT PORK -  CLOSE 07/18
LOADS - CUTS  159.45 TRIM   6.70   LOADS - CUTS  256.78  TRIM 19.51
LOINS 1/4" Trim VAC      100.30    LOINS 1/4" Trim VAC       97.19
LOINS BNLS CC Strap On   105.11    LOINS BNLS CC Strap On   106.46
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#    72.02           Trm Sel  23-27#    71.96
BELLIES  Skn-on 10-12#   206.04    BELLIES  Skn-on 10-12#   206.68
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   207.05

BEEF

Des Moines, IA        Thu, Jul 18, 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 firm to higher on moderate to good demand and moderate 
offerings. Select and Choice rib, chuck, round, and loin cuts steady to firm. 
Beef trimmings unevenly steady on moderate demand and offerings. 

BEEF CUTOUTS -  OPEN 07/18        BEEF CUTOUTS - CLOSE 07/18
CH 600-900# $213.19  +0.62        CH 600-900# $213.34  +0.77
SE 600-900# $188.82  +0.48        SE 600-900# $188.61  +0.27  
LOADS     27.47 - Choice Cuts     LOADS     67.15 - Choice Cuts
          12.34 - Select Cuts               31.50 - Select Cuts
           8.99 - Trimmings                  8.99 - Trimmings
          17.28 - Coarse Grinds             27.27 - Coarse Grinds

POULTRY

07/18 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 07/13      Week Ago     Yr Ago
                                     171,800      152,427    165,628

07/12 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 07/12    Week Ago      Yr Ago
                                              $ 92.81     $ 93.75     $112.48
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: June - $ 94.63

07/17 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 07/13 - 232 million, up 1% from a year ago
Chick placement for the week ending 07/13 - 188 million, up 1% from a year ago

07/18 - Daily New York Eggs
Prices for Extra Large and Large eggs are down 1 cent, but Medium egg prices
remain unchanged. The undertone continues steady to weak. Supplies of all sizes
are moderate to heavy. Offerings are readily available. Demand into retail and
distributive channels is mixed, mostly moderate. Market activity is slow to 
moderate. 

Extra Large     58-62
Large           56-60
Medium          45-49

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