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St Joseph, MO         Fri, Aug 26, 2016      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES      HOGS       SHEEP
Friday 08/26/2016     (est)      112,000     2,000     428,000     7,000
Week ago (est)                   112,000     2,000     428,000     6,000
Year ago (act)                   108,000     2,000     404,000     5,000
Week to date (est)               563,000     9,000   2,154,000    38,000
Same Period Last Week (est)      564,000     9,000   2,146,000    36,000
Same Period Last Year (act)      545,000     8,000   2,117,000    37,000

Saturday 08/27/2016   (est)       37,000         0     112,000         0
Week ago (est)                    35,000         0     145,000         0
Year ago (act)                     7,000         0     107,000         0
Week to date (est)               600,000     9,000   2,266,000    38,000
Same Period Last Week (est)      599,000     9,000   2,291,000    36,000
Same Period Last Year*(act)      553,000     8,000   2,225,000    37,000
2016 Year to Date             19,386,000   291,000  74,662,000 1,302,000
2015 *Year to Date            18,606,000   284,000  74,371,000 1,309,000
Percent change                      4.2%      2.4%        0.4%     -0.5%
2016 *Totals subject to revision
2015 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated              Steer and Heifer     Cow and Bull
                      Thursday           91,000             22,000

**Revised Thursday Hog Slaughter..421,000  New Week to Date..1,726,000**

LIVESTOCK INDEXES
                     08/25  08/24  08/23  08/22  08/19  08/18  08/17  08/16
CATFAX FED 6 STATE  114.92 116.64 117.79 117.81 117.81 118.29 118.74 118.76
CATFAX FED 3 STATE  115.01 116.70 118.01 118.01 118.01 118.44 118.92 118.95
CME FEEDER          146.11 147.29 147.73 147.84 148.34 148.07 148.32 148.77
CME LEAN HOG        *66.90  67.04  66.99  66.96  67.02  67.22  67.32  67.17
3 Area LEAN HOG      63.91  64.04  64.28  64.19  63.90  64.39  64.40  64.55

*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        Fri, Aug 26, 2016      USDA Market News

08/26 AM CARCASS CUTOUT - $ 76.31   CHANGE  -0.22  TOTAL LD COUNT  153.48

08/26 PM CARCASS CUTOUT - $ 76.39   CHANGE  -0.14   TOTAL LD COUNT 270.21

CARLOT PORK - OPEN 08/26           CARLOT PORK - CLOSE 08/26
LOADS - CUTS  132.83  TRIM 20.65   LOADS - CUTS  236.97  TRIM 33.24
LOINS 1/4" Trim VAC      102.24    LOINS 1/4" Trim VAC       98.25
LOINS BNLS CC Strap On   128.81    LOINS BNLS CC Strap On   129.32
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    74.75
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    75.34
       Trm Sel  23-27#    75.16           Trm Sel  23-27#    74.87
BELLIES  Skn-on 10-12#   142.47    BELLIES  Skn-on 10-12#   147.60
BOXED    Skn-on 12-14#   134.30    BOXED    Skn-on 12-14#   132.46

BEEF

Des Moines, IA        Fri, Aug 26, 2016      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 weak to lower on light to moderate demand and
moderate offerings. Select and Choice rib, chuck, round, and loin cuts
steady to weak. Beef trimmings slightly to moderately higher on moderate
demand and offerings.

BEEF CUTOUTS -  OPEN 08/26        BEEF CUTOUTS - CLOSE 08/26
CH 600-900#  199.73  -0.63        CH 600-900#  199.48  -0.88
SE 600-900#  194.03  -0.12        SE 600-900#  193.57  -0.58
LOADS     48.59 - Choice Cuts       LOADS   75.34 - Choice Cuts
          19.12 - Select Cuts               30.86 - Select Cuts
           6.49 - Trimmings                 13.53 - Trimmings
           7.91 - Coarse Grinds             11.59 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 08/26    Week Ago    Yr Ago
                                              $ 79.01     $ 79.44    $ 82.31
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  July - $ 88.62

08/24 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 08/20 - 216 million, up 1% from a year 
ago. Chick placement for the week ending 08/20 - 177 million, up slightly from 
a year ago.

08/26 - New York Daily Eggs
Prices are unchanged. The undertone is steady to firm. Supplies of all sizes
are light to moderate for trade needs entering the weekend. Offerings are light
to moderate. Demand into all channels is moderate to fairly good. Market
activity is moderate.

Extra Large     81-85
Large           79-83
Medium          49-53

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