St Joseph, MO         Thu, May 02, 2024      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Thursday                     120,000     1,000     481,000     7,000
Week ago                     125,000     1,000     485,000     7,000
Year ago (act)               120,174       841     471,520     6,728
Week to Date                 480,000     4,000   1,919,000    31,000
Same Period Last Week        488,000     4,000   1,936,000    31,000
Same Period Last Year*       493,689     4,036   1,862,179    30,538
2024 Year to Date         10,629,013    79,650  44,328,626   652,425
2023*Year to Date         11,149,653   106,056  44,010,198   648,750
Percent Change                 -4.7%    -24.9%       +0.7%     +0.6%
Previous Day Breakdown           Steers/Heifers     Cows/Bulls
                     Wednesday      99,000           24,000
    2024 *Totals subject to revision / 2023 *Totals adjusted to reflect 
          NASS Revisions / Yearly totals may not add due to rounding.

INDEXES
                        05/01  04/30  04/29  04/26  04/25  04/24  04/23
CATFAX FED 6 STATE     184.62 183.37 183.32 183.23 182.92 182.47 182.71
CATFAX FED 3 STATE     184.00 184.00 184.00 182.00 181.97 181.96 181.97
CME FEEDER                    247.06 247.03 247.18 245.53 245.15 242.64
CME LEAN HOG           *90.92  90.60  90.26  90.36  90.88  91.43  91.64
3 Area LEAN HOG         88.78  88.39  88.30  88.44  88.80  89.18  89.56
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        Thu, May 02, 2024      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
05/02 MORNING     $ 99.65      +1.66       93.47
05/01 AFTERNOON   $ 97.99      -0.77      266.40 

CARLOT PORK                 OPEN         CLOSE
 DATE                      05/02         05/01
 LOADS - CUTS              84.97        233.54
 LOADS - TRIM               8.49         32.86
 LOINS 1/4" Trim VAC      132.61        131.72
 LOINS BNLS CC Strap On   153.89        158.56
 HAMS - Trm Sel  17-20#    84.86         87.04
        Trm Sel  20-23#    77.00         84.80
        Trm Sel  23-27#    77.67         83.41
 BELLIES  Skn-on 10-12#   270.83        267.32
 BOXED    Skn-on 12-14#  No Test       No Test

BEEF

Des Moines, IA        Thu, May 02, 2024      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

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.

                    MORNING            AFTERNOON
BEEF CUTOUTS    OPEN      CHNG      CLOSE     CHNG
                     05/02               05/01
 CH 600-900#    $293.34  -0.20      $293.54  -0.83
 SE 600-900#    $288.54  +0.47      $288.07  -1.88
    LOADS   
     Choice cuts     73.25              137.56
     Select cuts     15.15               22.11
     Trimmings        4.30                3.43
     Coarse Grinds   14.94               23.20
     CH/SEL SPREAD  $ 4.80              $ 5.47

POULTRY

05/01 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $ 84 to $103 cents FOB
16-24 lb toms $ 86 to $105 cents FOB

05/02 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 04/27      Week Ago    Yr Ago
                                     163,751     162,094     165,811

04/26 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 04/26/2024
      Wtd Avg    Chg         Range         Wk Ago Avg
      $132.01   -0.07   $104.00-$155.00     $132.08

05/01 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 04/27 - 247 million, up 2% from a year ago
Chick placement for the week ending 04/27 - 190 million, up 2% from a year ago

05/02 - New York Eggs
Prices are 7 cents lower for Extra Large and Large and down 6 cents for Medium.
The undertone is weak. Demand is light to moderate. Offerings are moderate. 
Supplies are light to moderate. Market activity is slow to moderate.

Extra Large   168-172
Large         166-170
Medium        161-165
    ** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, USDA GRADE A AND 
GRADE A, WHITE EGGS IN CARTONS, DELIVERED STORE DOOR, CENTS PER DOZEN.**