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St Joseph, MO         Tue, Mar 28, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

Tuesday 03/28/2023             127,000    1,000     480,000     9,000
Week ago                       127,000    1,000     485,000     9,000
Year ago (act)                 125,000    2,000     485,000     8,000
Week to date                   252,000    2,000     966,000    19,000
Same Period Last Week          252,000    2,000     944,000    18,000
Same Period Last Year (act)    245,000    3,000     963,000    18,000
Previous Day                 Steer and Heifer  Cow and Bull
                 Monday         99,000               26,000

INDEXES
                       03/27  03/24  03/23  03/22  03/21  03/20  03/17 
CATFAX FED 6 STATE    164.00 163.96 163.94 163.89 163.00 164.54 164.19 
CATFAX FED 3 STATE    162.98 163.00 163.34 162.98 163.00 164.37 164.00 
CME FEEDER            191.34 191.24 188.85 187.78 187.69 187.78 188.01 
CME LEAN HOG          *xx.xx *76.57  76.99  77.83  78.67  79.55  80.01
3 Area LEAN HOG        74.22  74.71  74.72  75.29  75.84  76.98  77.57
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        Tue, Mar 28, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

03/28 AM CARCASS CUTOUT - $ 81.10   CHANGE  -0.12 TOTAL LD COUNT  197.62

03/28 PM CARCASS CUTOUT - $ 80.00   CHANGE  -1.22 TOTAL LD COUNT  352.81

CARLOT PORK -  OPEN  03/28         CARLOT PORK -  CLOSE 03/28
LOADS - CUTS 171.10  TRIM  26.52   LOADS - CUTS  291.51 TRIM  61.30
LOINS 1/4" Trim VAC       95.82    LOINS 1/4" Trim VAC       93.66
LOINS BNLS CC Strap On   139.91    LOINS BNLS CC Strap On   138.01
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    76.65
       Trm Sel  20-23#    76.29           Trm Sel  20-23#    75.40
       Trm Sel  23-27#    71.87           Trm Sel  23-27#    71.30
BELLIES  Skn-on 10-12#  101.95     BELLIES  Skn-on 10-12#   228.87
BOXED    Skn-on 12-14#   97.11     BOXED    Skn-on 12-14#   193.86

BEEF

Des Moines, IA        Tue, Mar 28, 2023      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
Afternoon - ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30 pm

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  03/28       BEEF CUTOUTS -  CLOSE 03/28
CH 600-900# $280.88  +0.52        CH 600-900# $280.63  +0.27
SE 600-900# $270.66  +0.94        SE 600-900# $270.36  +0.64
LOADS     28.57 - Choice Cuts     LOADS     59.25 - Choice Cuts
          11.94 - Select Cuts               23.01 - Select Cuts
           7.86 - Trimmings                  9.90 - Trimmings
           8.18 - Coarse Grinds             11.01 - Coarse Grinds
CHOICE/SELECT SPREAD:  $10.22     CHOICE/SELECT SPREAD:  $10.27

POULTRY

03/28 Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $163 to $180 cents FOB
16-24 lb toms $163 to $180 cents FOB

03/23 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 03/18      Week Ago    Yr Ago
                                     164,288     166,557     163,622

03/24 Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 03/10/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $131.91   +1.77   $ 93.00-$163.00     $130.14

03/22 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 03/18 - 241 million, up slightly 
from a year ago.
Chick placement for the week ending 03/18 - 186 million, up slightly 
from a year ago.

03/28 - New York Eggs
Prices are down 7 cents for Extra Large, Large, and Medium. The undertone
is barely steady. The New York shell egg inventory is unchanged compared
to last week. Offerings are light to instances moderate. Supplies are
light to moderate. Demand is moderate to fairly good.
Market activity is moderate.

Extra Large    337-341
Large          335-339
Medium         293-297

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