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St Joseph, MO         Thu, Feb 21, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 02/21/2019   (est)    114,000    3,000     475,000     7,000
Week ago (est)                 117,000    3,000     470,000     7,000
Year ago (act)                 118,000    2,000     460,000     8,000
Week to date (est)             436,000   10,000   1,890,000    30,000
Same Period Last Week (est)    459,000   10,000   1,831,000    30,000
Same Period Last Year (act)    444,000    7,000   1,799,000    30,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday       82,000             26,000

INDEX
                      02/20  02/19  02/18  02/15  02/14  02/13  02/12
CATFAX FED 6 STATE   125.01 124.99 124.99 124.99 124.99 124.96 124.94
CATFAX FED 3 STATE   125.00 125.00 125.00 125.00 125.00 125.00 124.99
CME FEEDER           141.11 141.10 141.28 141.50 141.31 141.50 141.79
CME LEAN HOG         *54.06  54.13  54.43  54.74  55.02  55.24  55.55
3 Area LEAN HOG       51.81  51.98  52.41  52.39  52.83  53.04  53.31
**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, Feb 21, 2019      USDA Market News

02/21 AM CARCASS CUTOUT - $ 60.30   CHANGE  +0.13  TOTAL LD COUNT  180.42

02/21 PM CARCASS CUTOUT - $ 61.23   CHANGE  +1.06  TOTAL LD COUNT  328.59 

CARLOT PORK -  OPEN 02/21          CARLOT PORK -  CLOSE 02/21
LOADS - CUTS  154.65 TRIM  25.77   LOADS - CUTS  281.89  TRIM 46.70
LOINS 1/4" Trim VAC       72.46    LOINS 1/4" Trim VAC       70.94
LOINS BNLS CC Strap On   107.58    LOINS BNLS CC Strap On   104.02
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    48.13
       Trm Sel  23-27#    44.32           Trm Sel  23-27#    42.52
BELLIES  Skn-on 10-12#   174.11    BELLIES  Skn-on 10-12#   175.47
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   182.46

BEEF

Des Moines, IA        Thu, Feb 21, 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 higher on Choice and steady on Select on moderate to
good demand and light to moderate offerings. Select and Choice chuck, round, 
and loin cuts steady to firm. Choice rib cuts firm while Select weak. Beef 
trimmings sharply higher on good demand and light offerings.

BEEF CUTOUTS -  OPEN 02/21        BEEF CUTOUTS - CLOSE 02/21
CH 600-900# $218.07  +1.58        CH 600-900# $218.07  +1.58
SE 600-900# $211.62  +0.12        SE 600-900# $211.41  -0.09
LOADS     30.98 - Choice Cuts     LOADS     62.65 - Choice Cuts
          13.00 - Select Cuts               18.40 - Select Cuts
           0.00 - Trimmings                  3.27 - Trimmings
          16.81 - Coarse Grinds             21.27 - Coarse Grinds

POULTRY

02/21 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/16      Week Ago     Yr Ago     
                                     161,570      162,013    163,506

02/15 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 02/15    Week Ago      Yr Ago
                                              $ 90.94     $ 91.16     $ 98.90
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: December - $ 89.75

02/20 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 02/16 - 230 million, up 1% from a year ago
Chick placement for the week ending 02/16 - 184 million, up 2% from a year ago

02/21 - Daily New York Eggs
Prices are steady with a mostly steady undertone. Supplies are light to
instances heavy, mostly moderate. Offerings are moderate. Demand is usually
moderate. Market activity is slow to moderate.

Extra Large    101-105
Large           99-103
Medium          84-88

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