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St Joseph, MO         Thu, Mar 23, 2017      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES      HOGS       SHEEP
Thursday 03/23/2017   (est)      115,000     2,000     441,000     8,000
Week ago (est)                   116,000     2,000     446,000     7,000
Year ago (act)                   107,000     1,000     424,000     7,000
Week to date (est)               463,000     8,000   1,767,000    33,000
Same Period Last Week (est)      457,000     8,000   1,759,000    32,000
Same Period Last Year (act)      434,000     6,000   1,675,000    33,000
Previous Day Estimated              Steer and Heifer     Cow and Bull
                      Wednesday         93,000              23,000

INDEX
                     03/22  03/21  03/20  03/17  03/16  03/15  03/14  03/13
CATFAX FED 6 STATE  129.59 128.61 128.61 128.60 128.53 128.44 125.44 125.44 
CATFAX FED 3 STATE  128.04 127.63 127.63 127.61 127.61 127.69 124.85 124.85
CME FEEDER          131.58 130.02 129.95 129.70 129.27 128.22 127.61 127.42
CME LEAN HOG        *71.29  71.41  71.48  71.61  71.74  71.84  71.99  71.94
3 Area LEAN HOG      68.40  68.57  68.70  68.69  69.07  68.93  69.13  69.06

*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        Thu, Mar 23, 2017      USDA Market News

03/23 AM CARCASS CUTOUT - $ 77.83   CHANGE  -1.21  TOTAL LD COUNT  184.90

03/23 PM CARCASS CUTOUT - $ 77.49   CHANGE  -1.55  TOTAL LD COUNT  337.37
 
CARLOT PORK - OPEN 03/23           CARLOT PORK - CLOSE 03/23
LOADS - CUTS   176.56  TRIM  8.34  LOADS - CUTS  305.57  TRIM 31.80
LOINS 1/4" Trim VAC       93.77    LOINS 1/4" Trim VAC       95.20
LOINS BNLS CC Strap On   119.93    LOINS BNLS CC Strap On   118.65
HAMS - Trm Sel  17-20#    63.50    HAMS - Trm Sel  17-20#    63.61
       Trm Sel  20-23#    63.00           Trm Sel  20-23#    63.22
       Trm Sel  23-27#    61.86           Trm Sel  23-27#    61.92
BELLIES  Skn-on 10-12#   186.13   BELLIES  Skn-on 10-12#    188.41
BOXED    Skn-on 12-14#  No Test   BOXED    Skn-on 12-14#    183.71

BEEF

Des Moines, IA        Thu, Mar 23, 2017      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 03/23        BEEF CUTOUTS -  CLOSE 03/22
CH 600-900# $222.00  -1.00        CH 600-900# $223.00  -1.93
SE 600-900# $216.55  +0.75        SE 600-900# $215.80  +0.39
LOADS     54.42 - Choice Cuts       LOADS   84.44 - Choice Cuts
          28.85 - Select Cuts               26.80 - Select Cuts
           3.88 - Trimmings                  0.00 - Trimmings
          15.35 - Coarse Grinds             26.43 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 03/17    Week Ago    Yr Ago
                                              $ 96.63    $ 93.04    $ 86.56
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: February - $ 85.07

03/22 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 03/18 - 223 million, up 2% from a year ago 
Chick placement for the week ending 03/18 - 181 million, up 2% from a year ago

03/23 - Daily New York Eggs 
Prices are steady. Trade sentiment is generally steady. Supplies are light to
mostly moderate. Offerings are light to moderate. Demand is moderate to fairly
good. Market activity is moderate.

Extra Large     94-98
Large           92-96
Medium          82-86

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