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St Joseph, MO         Thu, Sep 24, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 09/24/2020   (est)    121,000    1,000     485,000     6,000
Week ago (est)                 119,000    1,000     470,000     6,000
Year ago (act)                 118,000    2,000     485,000     8,000
Week to date (est)             482,000    7,000   1,935,000    26,000
Same Period Last Week (est)    479,000    7,000   1,926,000    28,000
Same Period Last Year (act)    468,000   10,000   1,875,000    32,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        95,000            25,000

INDEX
                      09/23  09/22  09/21  09/18  09/17  09/16  09/15  09/14
CATFAX FED 6 STATE   103.60 103.37 103.36 103.36 103.15 102.69 101.25 101.25
CATFAX FED 3 STATE   103.55 103.21 103.21 103.21 102.92 102.82 101.41 101.41
CME FEEDER           142.59 142.28 142.45+142.05+142.19+141.21 140.60 140.52
CME LEAN HOG         *73.70  72.89  72.17  71.29  69.58  67.84  66.42  65.35
3 Area LEAN HOG       71.58  70.76  66.21  69.45  67.18  65.95  63.94  62.78
NA = Not Available
**NA = Not Available Due to Packer Submission Issues.
+ 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        Thu, Sep 24, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

09/24 AM CARCASS CUTOUT - $ 89.74   CHANGE  +0.77  TOTAL LD COUNT  149.71

09/24 PM CARCASS CUTOUT - $ 92.03   CHANGE  +3.06  TOTAL LD COUNT  276.93

CARLOT PORK -  OPEN 09/24          CARLOT PORK -  CLOSE 09/24
LOADS - CUTS  134.41 TRIM  15.30   LOADS - CUTS  244.52 TRIM  32.41
LOINS 1/4" Trim VAC       88.43    LOINS 1/4" Trim VAC       90.14
LOINS BNLS CC Strap On   122.67    LOINS BNLS CC Strap On   121.77
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    73.54
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    73.80
       Trm Sel  23-27#    71.48           Trm Sel  23-27#    71.44
BELLIES  Skn-on 10-12#   218.54    BELLIES  Skn-on 10-12#   217.89
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Thu, Sep 24, 2020      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.

BEEF CUTOUTS -  OPEN 09/24        BEEF CUTOUTS -  CLOSE 09/24
CH 600-900# $217.58  +1.71        CH 600-900# $217.48  +1.61
SE 600-900# $208.19  +0.59        SE 600-900# $207.74  +0.14
LOADS     45.22 - Choice Cuts     LOADS     72.49 - Choice Cuts
          10.75 - Select Cuts               21.28 - Select Cuts
           3.42 - Trimmings                  5.49 - Trimmings
          15.38 - Coarse Grinds             24.20 - Coarse Grinds

POULTRY

09/24 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $111 to $117 cents FOB
16-24 lb toms $111 to $117 cents FOB

09/24 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 09/19      Week Ago     Yr Ago
                                     170,275      149,110    174,993

09/18 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 09/18    Week Ago      Yr Ago
                                              $ 63.48    $ 63.98      $ 76.19
National Composite Wtd Avg for the Month of:  August  -  $ 66.08

09/23 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 09/19 - 223 million, off 2% from a year ago
Chick placement for the week ending 09/19 - 186 million, off 1% from a year ago

09/24 - Daily New York Eggs 
Prices for Extra Large, Large and Medium are 3 cents lower. The undertone is 
firm. Supplies are mostly moderate while offerings are usually light. Retail 
demand is moderate to fairly good. Market activity is moderate.

Extra Large    100-104
Large           98-102
Medium          74-78

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