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St Joseph, MO         Wed, Dec 11, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 12/11/2019  (est)    122,000    3,000     495,000     8,000
Week ago (est)                 117,000    3,000     494,000     7,000
Year ago (act)                 121,000    3,000     475,000     9,000
Week to date (est)             365,000    7,000   1,474,000    24,000
Same Period Last Week (est)    357,000    7,000   1,486,000    23,000
Same Period Last Year (act)    361,000    8,000   1,425,000    28,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday          96,000            26,000

**Revised Tuesday Hog Slaughter..488,000  New Week to Date..979,000**

INDEX
                      12/11  12/10  12/09  12/06  12/05  12/04  12/03
CATFAX FED 6 STATE   118.93 118.93 118.93 118.93 118.92 118.79 118.69
CATFAX FED 3 STATE   119.03 119.03 119.04 119.04 119.00 118.90 118.38
CME FEEDER                  143.00+143.41 143.33 144.49 144.53 145.19
CME LEAN HOG         *59.72  59.46  58.47  58.12  58.49  58.34  58.20
3 Area LEAN HOG       58.25  57.43  57.71  56.56  56.51  56.76  57.21
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, Dec 12, 2019      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/12 AM CARCASS CUTOUT - $ 81.66   CHANGE  -1.53  TOTAL LD COUNT  145.36

12/11 PM CARCASS CUTOUT - $ 83.19   CHANGE  +0.07  TOTAL LD COUNT  316.04

CARLOT PORK -  OPEN 12/12          CARLOT PORK -  CLOSE 12/11
LOADS - CUTS  123.83 TRIM  21.53   LOADS - CUTS  253.34  TRIM 62.70
LOINS 1/4" Trim VAC       84.67    LOINS 1/4" Trim VAC       86.87
LOINS BNLS CC Strap On   121.19    LOINS BNLS CC Strap On   122.31
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    89.30
       Trm Sel  20-23#    89.78           Trm Sel  20-23#    92.14
       Trm Sel  23-27#    90.98           Trm Sel  23-27#    91.21
BELLIES  Skn-on 10-12#   211.81    BELLIES  Skn-on 10-12#   201.45
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   169.68

BEEF

Des Moines, IA        Thu, Dec 12, 2019      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Morning - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am

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 12/12        BEEF CUTOUTS - CLOSE 12/11
CH 600-900# $216.61  -2.04        CH 600-900# $218.65  -2.84
SE 600-900# $203.24  -0.48        SE 600-900# $203.72  -1.63 
LOADS     86.15 - Choice Cuts     LOADS     99.41 - Choice Cuts
          13.47 - Select Cuts               24.91 - Select Cuts
           0.00 - Trimmings                  5.42 - Trimmings
          14.03 - Coarse Grinds             35.45 - Coarse Grinds

POULTRY

12/11 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $95 to $103 cents FOB
16-24 lb toms $87 to $103 cents FOB

12/12 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 12/07      Week Ago     Yr Ago
                                     171,941      129,887    164,048

12/06 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 12/06    Week Ago      Yr Ago
                                              $ 82.59     $ 79.50     $ 86.57
National Composite Wtd Avg for the Month of:  November -  $ 78.30

12/11 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 12/07 - 223 million, up 7% from a year ago
Chick placement for the week ending 12/07 - 188 million, up 3% from a year ago.

12/12 - Daily New York Eggs
Prices for Extra Large and Large are 3 cents lower; unchanged for Medium. The 
undertone is steady to weak. Supplies are mostly moderate. Demand is moderate
to fairly good. Offerings are light to moderate. Market activity is moderate.

Extra Large    123-127
Large          121-125
Medium          88-92

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