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St Joseph, MO         Mon, Feb 20, 2017      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES      HOGS       SHEEP
Monday 02/20/2017     (est)      102,000     2,000     432,000     7,000
Week ago (est)                   113,000     2,000     445,000     9,000
Year ago (act)                   104,000     2,000     434,000     9,000
Previous Day Estimated              Steer and Heifer     Cow and Bull
                      Friday             85,000             22,000
                      Saturday           17,000             12,000

INDEX
                     02/20  02/17  02/16  02/15  02/14  02/13  02/10  02/09
CATFAX FED 6 STATE         119.51 118.98 119.70 119.88 119.88 119.88 119.87
CATFAX FED 3 STATE         119.36 119.04 119.33 120.06 120.06 120.06 120.06
CME FEEDER                   NA   127.69 128.02 128.43 128.46 128.41 128.17
CME LEAN HOG        *77.24  77.07  76.66  75.98  75.31  74.62  74.11  73.51
3 Area LEAN HOG      74.57  74.07  74.06  73.48  72.77  71.88  71.01  70.64

*DTN projected Lean Hog Index, 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, Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, Oklahoma

PORK

Des Moines, IA        Mon, Feb 20, 2017      USDA Market News

02/20 AM CARCASS CUTOUT - $ 85.50   CHANGE  +0.85  TOTAL LD COUNT  164.23

02/20 PM CARCASS CUTOUT - $ 85.46   CHANGE  +0.81  TOTAL LD COUNT  275.21
 
CARLOT PORK - OPEN 02/20           CARLOT PORK - CLOSE 02/20
LOADS - CUTS   144.04  TRIM 20.20  LOADS - CUTS  241.11  TRIM 34.10
LOINS 1/4" Trim VAC       90.24    LOINS 1/4" Trim VAC       90.50
LOINS BNLS CC Strap On   119.20    LOINS BNLS CC Strap On   118.83
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    58.44
       Trm Sel  23-27#    57.38           Trm Sel  23-27#    57.04
BELLIES  Skn-on 10-12#   239.32   BELLIES  Skn-on 10-12#    236.57
BOXED    Skn-on 12-14#   224.28   BOXED    Skn-on 12-14#    224.28

BEEF

Des Moines, IA        Mon, Feb 20, 2017      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 moderate to fairly good demand and
moderate to heavy offerings. Select and Choice rib, round, and loin cuts 
steady to firm. Choice chuck cuts weak while Select firm. Beef trimmings 
mostly slightly lower on light demand and offerings.

BEEF CUTOUTS -  OPEN 02/20        BEEF CUTOUTS -  CLOSE 02/20
CH 600-900#  191.12  +0.63        CH 600-900#  190.91  +0.42
SE 600-900#  190.33  +1.09        SE 600-900#  190.40  +1.16
LOADS     30.59 - Choice Cuts       LOADS   78.80 - Choice Cuts
           8.83 - Select Cuts               18.93 - Select Cuts
           0.00 - Trimmings                  5.55 - Trimmings
           6.53 - Coarse Grinds             20.91 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 02/17    Week Ago    Yr Ago
                                              $ 85.67    $ 84.68    $ 81.77
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: January - $ 85.89

02/15 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 02/11 - 221 million, up 2% from a year ago 
Chick placement for the week ending 02/11 - 179 million, up 1% from a year ago

02/17 - Daily New York Eggs - **02/20 report not available due to holiday**
Prices are unchanged on all sizes. The undertone is steady. Supplies are
adequate to available for trade needs. Offerings are mixed, mostly moderate.
Demand into all channels is light to moderate entering the weekend. Market
activity is slow to moderate.

Extra Large     71-75
Large           69-73
Medium          59-63

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