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St Joseph, MO         Mon, Aug 03, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 08/03/2020     (est)    113,000    2,000     425,000     7,000
Week ago (est)                 117,000    2,000     455,000     7,000
Year ago (act)                 120,000    2,000     425,000     8,000
Previous Day Estimated            Steer & Heifer        Cow & Bull
                      Friday          90,000              23,000
                      Saturday        46,000               5,000

**Revised Saturday Hog Slaughter..177,000  New Week to Date..2,538,000**

INDEX
                      07/31  07/30  07/29  07/28  07/27  07/24  07/23
CATFAX FED 6 STATE    98.19  98.01  97.77  97.03  96.97  96.97  96.96
CATFAX FED 3 STATE    96.89  96.90  96.82  96.09  96.00  96.00  96.00
CME FEEDER             NA   138.58 139.24 139.83 139.77 139.99 139.43
CME LEAN HOG         *53.52  53.52  53.56  52.95  51.10  50.23  50.13
3 Area LEAN HOG       51.21  51.57  51.20  50.50  49.53  47.39  47.07
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        Mon, Aug 03, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

08/03 AM CARCASS CUTOUT - $ 72.87   CHANGE  +7.56  TOTAL LD COUNT  179.99

08/03 PM CARCASS CUTOUT - $ 66.78   CHANGE  +1.47  TOTAL LD COUNT  393.09

CARLOT PORK -  OPEN 08/03          CARLOT PORK -  CLOSE 08/03
LOADS - CUTS  162.23 TRIM  17.76   LOADS - CUTS  349.29 TRIM  43.81
LOINS 1/4" Trim VAC       77.31    LOINS 1/4" Trim VAC       77.94
LOINS BNLS CC Strap On   114.93    LOINS BNLS CC Strap On   113.41
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    38.20
       Trm Sel  20-23#    41.00           Trm Sel  20-23#    38.25
       Trm Sel  23-27#    35.55           Trm Sel  23-27#    34.13
BELLIES  Skn-on 10-12#   181.75    BELLIES  Skn-on 10-12#   196.09
BOXED    Skn-on 12-14#   142.78    BOXED    Skn-on 12-14#   143.58

BEEF

Des Moines, IA        Mon, Aug 03, 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 08/03        BEEF CUTOUTS -  CLOSE 08/03
CH 600-900# $203.95  +0.69        CH 600-900# $204.66  +1.40
SE 600-900# $189.93  +0.04        SE 600-900# $190.40  +0.51
LOADS     24.27 - Choice Cuts     LOADS     50.39 - Choice Cuts
          10.90 - Select Cuts               21.58 - Select Cuts
           9.58 - Trimmings                 14.37 - Trimmings
           5.42 8 Coarse Grinds             17.45 - Coarse Grinds

POULTRY

08/03 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $107 to $115 cents FOB
16-24 lb toms $107 to $114 cents FOB

07/30 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 07/25      Week Ago     Yr Ago
                                     163,998      162,082    169,641

07/31 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 07/31    Week Ago      Yr Ago
                                              $ 64.89    $ 66.10     $ 82.97
National Composite Wtd Avg for the Month of: July - $ 70.41

07/29 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/25 - 232 million, off 1% from a year ago
Chick placement for the week ending 07/25 - 186 million, off 1% from a year ago

08/03 - Daily New York Eggs 
Prices begin the week unchanged on all sizes. Trade sentiment is mostly steady.
Supplies are moderate to instances heavy. Offerings are moderate. Retail demand
is varied by plant ranging light to good, mostly moderate. Food service demand 
is light to moderate. Activity is slow to moderate.

Extra Large     76-80
Large           74-78
Medium          52-56

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