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St Joseph, MO         Wed, July 24, 2024     USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS        SHEEP
Wednesday                    122,000     1,000     479,000      6,000
Week ago                     121,000     1,000     479,000      6,000
Year ago (act)               124,007     1,000     458,276      6,000
Week to Date                 360,000     3,000   1,413,000     25,000
Same Period Last Week        360,000     3,000   1,434,000     25,000
Same Period Last Year*       372,000     3,000   1,396,000     21,500
2024 Year to Date         17,642,344   124,834  71,932,959  1,083,839
2023*Year to Date         18,475,599   167,950  71,142,676  1,033,064
Percent Change                 -4.5%    -25.7%        1.1%       4.9%
Previous Day Breakdown             Steers/Heifers    Cows/Bulls
                       Tuesday        101,000          22,000
   2024  *Totals subject to revision / 2023 *Totals adjusted to reflect 
        NASS Revisions / Yearly totals may not add due to rounding

INDEXES
                         07/23  07/22  07/19  07/18  07/17  07/16  07/15
CATFAX FED 6 STATE      191.68 193.76 191.74 191.63 189.81 195.17 195.17
CATFAX FED 3 STATE      188.00 189.09 188.00 188.05 188.07 190.48 190.48
CME FEEDER              258.39 257.74 256.67 259.07 259.16 261.21 261.37
CME LEAN HOG            *90.77  90.08  89.80  89.71  89.27  88.80  88.62
3 Area LEAN HOG          89.02  88.08  87.51  87.26  87.25  86.53  86.47
NA = Not Available; **NA = Not Available Due to Packer Submission Issues;
*NA* = Not Available Due to Confidentiality; + 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        Wed, July 24, 2024     USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
07/24 MORNING     $103.71      +0.21      152.23
07/24 AFTERNOON   $104.76      +1.26      311.85 

CARLOT PORK                 OPEN         CLOSE
 DATE                      07/24         07/24
 LOADS - CUTS             136.96        284.77
 LOADS - TRIM              15.27         27.08
 LOINS 1/4" Trim VAC      123.59        123.97
 LOINS BNLS CC Strap On   142.29        142.36
 HAMS - Trm Sel  17-20#  No Test       No Test
        Trm Sel  20-23#   120.48        120.36
        Trm Sel  23-27#   121.80        120.53
 BELLIES  Skn-on 10-12#  No Test       No Test
 BOXED    Skn-on 12-14#   150.05        150.05

BEEF

Des Moines, IA        Wed, July 24, 2024     USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

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.
                    MORNING            AFTERNOON
BEEF CUTOUTS    OPEN      CHNG      CLOSE     CHNG
                     07/24               07/24
 CH 600-900#    $313.30  +0.09      $312.68  -0.53
 SE 600-900#    $295.01  -1.65      $293.96  -2.70
    LOADS   
     Choice cuts     83.58              114.30
     Select cuts     24.09               44.07
     Trimmings        7.68               10.82
     Coarse Grinds    9.65               18.40
     CH/SEL SPREAD  $18.29              $18.72

POULTRY

07/24 - Daily Turkey Market
Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $ 75 to $103 cents FOB
16-24 lb toms $ 75 to $105 cents FOB

07/18 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 07/13      Week Ago    Yr Ago
                                     166,498      142,583   168,991

07/19 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 07/19/24
      Wtd Avg    Chg         Range         Wk Ago Avg
      $131.18   -0.86   $ 90.00-$153.00     $132.04

07/24 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/20 - 249 million, up 3% from a year ago
Chick placement for the week ending 07/20 - 190 million, up 2% from a year ago

07/24 - New York Eggs
Prices are up 6 cents for larger sizes and unchanged for Medium. The undertone
is firm. Demand is mostly moderate. Offerings are light. Supplies are light to
moderate. Market activity is moderate.

Extra Large   271-275
Large         269-273
Medium        171-175
    ** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, USDA GRADE A AND 
GRADE A, WHITE EGGS IN CARTONS, DELIVERED STORE DOOR, CENTS PER DOZEN.**

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