***DUE TO THE HOLIDAY, THIS PAGE WILL NOT UPDATE ON MONDAY, FEBRARY 18***

St Joseph, MO         Fri, Feb 15, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

***NOTE: USDA CORRECTIONS TO SLAUGHTER REPORT***

                               CATTLE    CALVES      HOGS       SHEEP
Friday 02/15/2019     (est)    111,000    2,000     465,000     8,000
Week ago (est)                 115,000    2,000     442,000     8,000
Year ago (act)                 114,000    3,000     442,000     7,000
Week to date (est)             570,000   12,000   2,296,000    38,000
Same Period Last Week (est)    585,000   10,000   2,299,000    38,000
Same Period Last Year (act)    579,000   10,000   2,299,000    36,000

Saturday 02/16/2019   (est)     26,000        0     218,000     1,000
Week ago (est)                  35,000        0     217,000     1,000
Year ago (act)                  23,000        0      87,000         0
Week to date (est)             596,000   12,000   2,514,000    39,000
Same Period Last Week (est)    620,000   10,000   2,516,000    39,000
Same Period Last Year*(act)    602,000   10,000   2,385,000    36,000
2019 Year to Date            4,134,000   75,000  16,817,000   252,000
2018 *Year to Date           4,168,000   73,000  16,465,000   246,000
Percent change                  -0.8%     +2.9%        2.1%      2.3%
2019 *Totals subject to revision
2018 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated            Steer and Heifer    Cow and Bull
                      Thursday        93,000             24,000

INDEX
                      02/14  02/13  02/12  02/11  02/08  02/07  02/06
CATFAX FED 6 STATE   124.99 124.96 124.94 124.94 124.94 123.91 123.90
CATFAX FED 3 STATE   125.00 125.00 124.99 124.99 124.99 124.00 124.00
CME FEEDER           141.31 141.50 141.79 141.66 141.73 141.69 141.81
CME LEAN HOG         *55.02  55.24  55.55  55.91  56.14  56.53  56.89
3 Area LEAN HOG       52.83  53.04  53.31  53.59  53.60  54.23  54.68
**NA = Not Available Due to Packer Submission Issues.

*DTN 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        Fri, Feb 15, 2019      USDA Market News

02/15 AM CARCASS CUTOUT - $ 64.84   CHANGE  +2.08  TOTAL LD COUNT  177.77

02/15 PM CARCASS CUTOUT - $ 63.03   CHANGE  +0.27  TOTAL LD COUNT  286.78 

CARLOT PORK -  OPEN 02/15          CARLOT PORK -  CLOSE 02/15
LOADS - CUTS  155.00 TRIM  22.78   LOADS - CUTS  232.30  TRIM 54.47
LOINS 1/4" Trim VAC       74.79    LOINS 1/4" Trim VAC       74.23
LOINS BNLS CC Strap On   111.48    LOINS BNLS CC Strap On   107.47
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    46.71           Trm Sel  20-23#    46.08
       Trm Sel  23-27#    42.56           Trm Sel  23-27#    41.91
BELLIES  Skn-on 10-12#   191.35    BELLIES  Skn-on 10-12#   195.23
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Fri, Feb 15, 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 02/15        BEEF CUTOUTS - CLOSE 02/14
CH 600-900# $216.94  +0.87        CH 600-900# $216.07  -0.37
SE 600-900# $211.50  +1.09        SE 600-900# $210.41  -1.60
LOADS     35.36 - Choice Cuts     LOADS     58.89 - Choice Cuts
           5.41 - Select Cuts               16.29 - Select Cuts
           3.77 - Trimmings                 15.11 - Trimmings
          13.75 - Coarse Grinds             22.39 - Coarse Grinds

POULTRY

02/14 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/09      Week Ago     Yr Ago     
                                     162,013      163,174    162,822

02/15 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 02/15    Week Ago      Yr Ago
                                              $ 90.94     $ 91.16     $ 98.90
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: December - $ 89.75

02/13 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 02/09 - 228 million, up 1% from a year ago
Chick placement for the week ending 02/09 - 183 million, up 3% from a year ago

02/15 - Daily New York Eggs
Prices are unchanged on all sizes. The undertone is steady. Supplies and
offerings are moderate to heavy. Current demand is light to moderate. Market
activity is slow to moderate.

Extra Large    101-105
Large           99-103
Medium          84-88