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St Joseph, MO         Wed, Jul 15, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Wednesday 07/15/2020  (est)    119,000    2,000     470,000     7,000
Week ago (est)                 120,000    2,000     467,000     8,000
Year ago (act)                 122,000    2,000     463,000     7,000
Week to date (est)             353,000    6,000   1,393,000    22,000
Same Period Last Week (est)    354,000    6,000   1,388,000    23,000
Same Period Last Year (act)    364,000    7,000   1,347,000    24,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                 Tuesday               94,000            25,000

INDEX
                      07/15  07/14  07/13  07/10  07/09  07/08  07/07
CATFAX FED 6 STATE    95.77  95.76  95.68  95.68  95.49  95.43  95.15
CATFAX FED 3 STATE    95.14  95.02  94.86  94.85  94.70  94.71  94.62
CME FEEDER                  135.91 135.62 135.17 134.92 133.69 130.15
CME LEAN HOG         *47.49  47.10  46.05  45.62  45.33  45.18  45.35
3 Area LEAN HOG       45.14  44.83  43.44  43.51  43.05  42.72  42.71
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, Jul 16, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

07/16 AM CARCASS CUTOUT - $ 66.84   CHANGE  -2.11  TOTAL LD COUNT  197.31

07/15 PM CARCASS CUTOUT - $ 68.95   CHANGE  +2.71  TOTAL LD COUNT  322.33

CARLOT PORK -  OPEN 07/16          CARLOT PORK -  CLOSE 07/15
LOADS - CUTS  184.48 TRIM  12.83   LOADS - CUTS  287.38 TRIM  34.95
LOINS 1/4" Trim VAC       75.12    LOINS 1/4" Trim VAC       75.54
LOINS BNLS CC Strap On   111.16    LOINS BNLS CC Strap On   109.09
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    49.68
       Trm Sel  23-27#    50.77           Trm Sel  23-27#    49.75
BELLIES  Skn-on 10-12#   185.68    BELLIES  Skn-on 10-12#   170.60
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Thu, Jul 16, 2020      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 07/16       BEEF CUTOUTS -  CLOSE 07/15
CH 600-900# $201.13  +0.37        CH 600-900# $200.76  -0.16
SE 600-900# $191.42  +0.05        SE 600-900# $191.37  +0.52
LOADS     53.65 - Choice Cuts     LOADS     89.16 - Choice Cuts
          17.83 - Select Cuts               34.65 - Select Cuts
           5.65 - Trimmings                  9.55 - Trimmings
          15.25 - Coarse Grinds             17.20 - Coarse Grinds

POULTRY

07/15 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $106 to $113 cents FOB
16-24 lb toms $106 to $113 cents FOB

07/16 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 07/11      Week Ago     Yr Ago
                                     165,184      147,821    171,800

07/10 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 07/10    Week Ago      Yr Ago
                                              $ 75.34     $ 74.97     $ 92.81
National Composite Wtd Avg for the Month of: June - $ 73.60

07/15 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/11 - 234 million, up 1% from a year ago
Chick placement for the week ending 07/11 - 189 million, up slightly from a 
year ago

07/16 - Daily New York Eggs 
Prices are 3 cents lower for all sizes. The undertone is weak. Supplies are
mixed, but mostly moderate for current trade needs. Offerings of all sizes are
moderate to heavy. Demand into all channels is light to moderate. Market 
activity is slow to moderate.  

Extra Large     85-89
Large           83-87
Medium          58-62

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