St Joseph, MO         Fri Feb 27, 2015       USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES      HOGS       SHEEP
Friday 02/27/2015     (est)      102,000     2,000     426,000     6,000
Week ago (est)                   100,000     2,000     423,000     7,000
Year ago (act)                   113,000     3,000     404,000     7,000
Week to date (est)               519,000    10,000   2,092,000    39,000
Same Period Last Week (est)      516,000    10,000   2,100,000    35,000
Same Period Last Year (act)      561,000    13,000   2,089,000    40,000

Saturday 02/28/2015   (est)        4,000         0     170,000         0
Week ago (est)                     5,000         0     180,000         0
Year ago (act)                     9,000         0      53,000         0
Week to date (est)               523,000    10,000   2,262,000    39,000
Same Period Last Week (est)      521,000    10,000   2,280,000    35,000
Same Period Last Year*(act)      570,000    12,000   2,142,000    40,000
2015 Year to Date              4,507,000    78,000  18,726,000   299,000
2014 *Year to Date             4,845,000   114,000  18,388,000   322,000
Percent change                     -7.0%    -31.3%        1.8%     -7.2%
2015 *Totals subject to revision
2014 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated               Steer and Heifer    Cow and Bull
                      Thursday            87,000            21,000

LIVESTOCK INDEXES
                      02/26  02/25  02/24  02/23  02/20  02/19  02/18  02/17
CATFAX FED 6 STATE   158.73 159.38 159.60 159.86 159.86 161.44 161.96 161.94
CATFAX FED 3 STATE   159.32 159.97 159.99 159.99 159.99 161.08 161.28 161.28
CME FEEDER           207.72 208.27 208.61 208.76 209.55 210.58 210.48 210.99
CME LEAN HOG         *64.49  63.38  62.06  60.88  60.40  60.27  60.40  60.93
3 Area LEAN HOG       62.20  61.60  59.82  59.15  58.36  58.14  58.10  58.54

*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        Fri, Feb 27, 2015      USDA Market News

NATOINAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

02/27 AM CARCASS CUTOUT - $ 69.98   CHANGE  +1.58   TOTAL LD COUNT  183.11

02/27 PM CARCASS CUTOUT - $ 70.51   CHANGE  +2.38   TOTAL LD COUNT  318.78

CARLOT PORK - OPEN 02/27           CARLOT PORK - CLOSE 02/27
LOADS - CUTS  167.47  TRIM 15.64   LOADS - CUTS  286.49  TRIM 32.29
LOINS 1/4" Trim VAC       97.75    LOINS 1/4" Trim VAC       98.58
LOINS BNLS CC Strap On   132.66    LOINS BNLS CC Strap On   136.79
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    67.98
       Trm Sel  23-27#    59.77           Trm Sel  23-27#    59.41
BELLIES  Skn-on 10-12#   139.89    BELLIES  Skn-on 10-12#   134.91
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   145.81
 
BEEF

Des Moines, IA        Fri, Feb 27, 2015      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 firm on moderate to fairly good demand and moderate 
offerings. Select and Choice rib, chuck, and round cuts steady while loin cuts
steady to firm. Beef trimmings firm on moderate demand and light to moderate 
offerings.

BEEF CUTOUTS -  OPEN 02/27         BEEF CUTOUTS - CLOSE 02/27
CH 600-900#  247.84  + .81         CH 600-900#  247.03  + .54
SE 600-900#  245.93  +1.03         SE 600-900#  244.90  - .03
LOADS    34.42 - Choice Cuts       LOADS    66.46 - Choice cuts
         24.59 - Select Cuts                32.27 - Select Cuts
          2.56 - Trimmings                   8.28 - Trimmings
         12.57 - Coarse Grinds              17.48 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 02/27     Week Ago     Year Ago
                                              $ 94.60     $ 92.88      $ 94.40
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  February - $ 97.99

02/25 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 02/21 - 215 million, up 3% from eggs sets a 
year ago. Chick placement week ended 02/21- 174 million, up 2% from a year ago.

02/27 - New York Daily Eggs
Prices are 2 cents higher on larger sizes, steady is Medium. Trade sentiment is 
full steady to firm. Supplies are usually moderate for needs.  Offerings are 
light to moderate. Retail and distributive demand is moderate. Market activity 
is moderate to active. 

Extra Large    145-149
Large          143-147
Medium         129-133