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St Joseph, MO         Wed, Jul 18, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 07/18/2018  (est)    119,000    2,000     461,000     7,000
Week ago (est)                 120,000    2,000     456,000     7,000
Year ago (act)                 117,000    2,000     441,000     7,000
Week to date (est)             355,000    6,000   1,353,000    23,000
Same Period Last Week (est)    359,000    6,000   1,357,000    23,000
Same Period Last Year (act)    343,000    6,000   1,294,000    23,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday         95,000            25,000

INDEX
                     07/17  07/16  07/13  07/12  07/11  07/10  07/09
CATFAX FED 6 STATE  110.63 110.63 110.63 112.96 112.96 112.96 112.95
CATFAX FED 3 STATE  110.94 110.94 110.94 112.72 112.71 112.71 112.71
CME FEEDER          148.59 148.37 148.27 148.16 147.16 145.08 146.75
CME LEAN HOG        *79.15  79.69  80.34  80.91  81.26  81.52  81.67
3 Area LEAN HOG      76.01  76.59  77.12  77.76  78.20  78.50  78.33
*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        Wed, Jul 18, 2018      USDA Market News

07/18 AM CARCASS CUTOUT - $ 82.46   CHANGE  -1.74  TOTAL LD COUNT  226.83

07/18 PM CARCASS CUTOUT - $ 82.35   CHANGE  -1.85  TOTAL LD COUNT  357.15

CARLOT PORK -  OPEN 07/18          CARLOT PORK - CLOSE 07/18
LOADS - CUTS  195.80 TRIM 31.03   LOADS - CUTS  314.02  TRIM 43.13
LOINS 1/4" Trim VAC      103.07    LOINS 1/4" Trim VAC      103.42
LOINS BNLS CC Strap On   110.10    LOINS BNLS CC Strap On   112.14
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#    55.01           Trm Sel  23-27#    55.11
BELLIES  Skn-on 10-12#   220.15    BELLIES  Skn-on 10-12#   222.71
BOXED    Skn-on 12-14#   248.34    BOXED    Skn-on 12-14#   229.45

BEEF

Des Moines, IA        Wed, Jul 18, 2018      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 demand and offerings.
Select and Choice rib, chuck, round, and loin cuts steady to firm. Beef 
trimmings mostly sharply higher on moderate to good demand and moderate 
offerings. 

BEEF CUTOUTS -  OPEN 07/18        BEEF CUTOUTS - CLOSE 07/18 
CH 600-900# $204.65  +0.26        CH 600-900# $204.80  +0.41
SE 600-900# $197.14  +0.28        SE 600-900# $197.09  +0.23
LOADS     56.60 - Choice Cuts     LOADS     80.54 - Choice Cuts
          14.84 - Select Cuts               22.35 - Select Cuts
           3.89 - Trimmings                  9.03 - Trimmings
          14.14 - Coarse Grinds             19.59 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 07/13   Week Ago     Yr Ago
                                              $112.48    $114.31    $106.25
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: June - $118.92

07/18 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/14 - 228 million, up 1% from a year ago
Chick placement for the week ending 07/14 - 186 million, up 2% from a year ago

07/18 - Daily New York Eggs
Extra Large and Large egg prices are 5 cents lower; 3 cents lower for Medium.
The undertone is lower. Supplies are moderate to heavy for present needs. 
Offerings are moderate to heavy. Demand is moderate Market activity is
moderate.

Extra Large    134-138
Large          132-136
Medium          70-74

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