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

                                 CATTLE     CALVES      HOGS       SHEEP
Monday 09/26/2016     (est)      114,000     2,000     441,000     9,000
Week ago (est)                   111,000     2,000     441,000     8,000
Year ago (act)                   108,000     2,000     428,000     7,000
Previous Day Estimated              Steer and Heifer     Cow and Bull
                      Friday             86,000             21,000
                      Saturday           25,000              7,000

LIVESTOCK INDEXES
                     09/23  09/22  09/21  09/20  09/19  09/16  09/15  09/14
CATFAX FED 6 STATE  106.52 109.56 109.58 109.58 109.58 109.58 105.29 104.99
CATFAX FED 3 STATE  106.93 109.99 109.99 109.99 109.99 109.99 105.00 105.00
CME FEEDER          137.14 136.10 136.11 134.58 134.55 134.14 134.46 133.49
CME LEAN HOG        *58.93  59.88  60.48  60.96  61.61  62.20  63.05  63.59
3 Area LEAN HOG      56.00  57.24  57.78  58.27  59.20  59.12  60.21  60.60

*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        Mon, Sep 26, 2016      USDA Market News

09/26 AM CARCASS CUTOUT - $ 80.02   CHANGE  +3.10  TOTAL LD COUNT  169.17

09/26 PM CARCASS CUTOUT - $ 78.61   CHANGE  +1.69  TOTAL LD COUNT  290.46

CARLOT PORK - OPEN 09/26           CARLOT PORK - CLOSE 09/26
LOADS - CUTS  160.15  TRIM 09.02   LOADS - CUTS  265.98  TRIM 24.48
LOINS 1/4" Trim VAC      107.39    LOINS 1/4" Trim VAC      107.41
LOINS BNLS CC Strap On   154.99    LOINS BNLS CC Strap On   156.30
HAMS - Trm Sel  17-20#    74.58    HAMS - Trm Sel  17-20#    65.41
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    62.35
       Trm Sel  23-27#    60.11           Trm Sel  23-27#    56.60
BELLIES  Skn-on 10-12#   158.93    BELLIES  Skn-on 10-12#   165.63
BOXED    Skn-on 12-14#   135.86    BOXED    Skn-on 12-14#   131.98

BEEF

Des Moines, IA        Mon, Sep 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 steady on Choice and higher on Select on light to
moderate demand and moderate to heavy offerings. Select and Choice rib, chuck,
round, and loin cuts steady to firm. Beef trimmings lower on light to moderate
demand and moderate to heavy offerings.

BEEF CUTOUTS -  OPEN 09/26        BEEF CUTOUTS - CLOSE 09/26
CH 600-900#  187.09  +0.28        CH 600-900#  187.04  +0.23
SE 600-900#  180.14  +1.33        SE 600-900#  179.65  +0.84
LOADS     46.27 - Choice Cuts       LOADS   71.62 - Choice Cuts
          22.10 - Select Cuts               42.40 - Select Cuts
          14.56 - Trimmings                 19.23 - Trimmings
          24.57 - Coarse Grinds             29.97 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 09/23    Week Ago    Yr Ago
                                              $ 76.24    $ 77.78    $ 76.85
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: August - $ 79.71

09/21 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 09/17 - 206 million, up 4% from a year 
ago. Chick placement for the week ending 09/17 - 178 million, up 2% from a 
year ago.

09/26 - New York Daily Eggs
Prices are steady. Trade sentiment is steady to lower. Supplies are moderate to
heavy for larger sizes, usually moderate for Mediums. Offerings are mostly
moderate. Demand is light to moderate. Market activity is mostly slow to
moderate.

Extra Large     65-69
Large           63-67
Medium          45-49