St Joseph, MO         Mon Jul 21, 2014       USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES       HOGS      SHEEP
Monday 07/21/2014     (est)      115,000     2,000     372,000     9,000
Week ago (est)                   112,000     2,000     363,000     9,000
Year ago (act)                   119,000     3,000     395,000     9,000
Previous Day Estimated              Steer & Heifer      Cow & Bull
                      Friday            92,000            22,000
                      Saturday           2,000             2,000

**Revised Saturday Sheep Slaughter..1,000  New Week to Date..40,000**

LIVESTOCK INDEXES
                      07/21  07/18  07/17  07/16  07/15  07/14  07/11  07/10
CATFAX FED 6 STATE   155.84 155.84 155.71 155.82 155.92 155.94 155.94 156.19
CATFAX FED 3 STATE   155.30 155.30 155.30 155.57 155.82 155.82 155.82 155.87
CME FEEDER                  210.88 214.48 214.11 216.12 216.77 217.62 214.58
CME LEAN HOG        *132.57 133.16 133.78 134.17 134.01 133.36 132.78 132.38
3 Area LEAN HOG      130.40 130.82 131.14 131.99 131.72 131.75 130.67 130.71

*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        Tue, Jul 22, 2014      USDA Market News

NATOINAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

07/22 AM CARCASS CUTOUT - $135.00   CHANGE  + .01   TOTAL LD COUNT  135.83

07/21 PM CARCASS CUTOUT - $134.99   CHANGE  -2.57   TOTAL LD COUNT  176.23

CARLOT PORK - OPEN 07/22           CARLOT PORK - CLOSE 07/21
LOADS - CUTS  124.55  TRIM 11.28   LOADS - CUTS  166.33  TRIM  9.90
LOINS 1/4" Trim VAC      175.76    LOINS 1/4" Trim VAC     173.41
LOINS BNLS CC Strap On   198.89    LOINS BNLS CC Strap On  194.19
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  141.78
       Trm Sel  20-23#   142.12           Trm Sel  20-23#  141.92
       Trm Sel  23-27#   141.51           Trm Sel  23-27#  141.35
BELLIES  Skn-on 10-12#   238.59    BELLIES  Skn-on 10-12#  234.69
BOXED    Skn-on 12-14#   203.73    BOXED    Skn-on 12-14#  222.39
 
BEEF

Des Moines, IA        Tue, Jul 22, 2014      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 07/22         BEEF CUTOUTS - CLOSE 07/21
CH 6-900#     253.59  +3.07       CH 6-900#      250.52  +2.07
SE 6-900#     246.18  +2.10       SE 6-900#      244.08  +1.43
LOADS     36.52 - Choice Cuts     LOADS     70.03 - Choice cuts
          33.50 - Select Cuts               48.24 - Select Cuts
           9.81 - Trimmings                  9.56 - Trimmings
          17.89 - Coarse Grinds             19.11 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 07/18     Week Ago     Year Ago
                                              $108.82     $111.95      $ 99.77
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  JUNE - $113.40

07/16 Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 07/12 - 214 million, up 1% from eggs sets a 
year ago. Chick placement week ended 07/12 - 174 million, down slightly from a 
year ago.

07/22    New York Eggs
Extra Large    145-149
Large          143-147
Medium          98-102