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St Joseph, MO         Thu, Oct 17, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 10/17/2019   (est)    111,000    2,000     491,000     8,000
Week ago (est)                 117,000    2,000     489,000     7,000
Year ago (act)                 116,000    2,000     478,000     8,000
Week to date (est)             462,000    8,000   1,962,000    30,000
Same Period Last Week (est)    467,000    8,000   1,952,000    31,000
Same Period Last Year (act)    471,000    8,000   1,896,000    31,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        90,000            26,000

INDEX
                      10/16  10/15  10/14  10/11  10/10  10/09  10/08
CATFAX FED 6 STATE   109.35 109.34 109.32 109.31 107.60 107.39 107.33
CATFAX FED 3 STATE   108.81 108.81 108.81 108.81 107.00 106.69 106.60
CME FEEDER           145.15 145.12 145.09+144.26 143.63+144.65 144.45
CME LEAN HOG         *64.90  63.94  62.92  62.11  61.18  60.65  60.12
3 Area LEAN HOG       63.33  61.93  61.14  60.80  58.86  58.66  57.86
**NA = Not Available Due to Packer Submission Issues.
+ Before the CME Feeder price indicates a revision by the CME.

*DTN 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, Oct 17, 2019      USDA Market News

10/17 AM CARCASS CUTOUT - $ 76.68   CHANGE  -1.04  TOTAL LD COUNT  175.26

10/17 PM CARCASS CUTOUT - $ 76.28   CHANGE  -1.44  TOTAL LD COUNT  360.81

CARLOT PORK -  OPEN 10/17          CARLOT PORK -  CLOSE 10/17
LOADS - CUTS  143.84 TRIM  31.42   LOADS - CUTS  304.89  TRIM 55.91
LOINS 1/4" Trim VAC       93.46    LOINS 1/4" Trim VAC       93.59
LOINS BNLS CC Strap On   120.09    LOINS BNLS CC Strap On   120.06
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    69.06
       Trm Sel  20-23#    69.30           Trm Sel  20-23#    68.98
       Trm Sel  23-27#    64.92           Trm Sel  23-27#    65.17
BELLIES  Skn-on 10-12#   198.60    BELLIES  Skn-on 10-12#   201.63
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Thu, Oct 17, 2019      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 moderate to 
good demand and moderate to heavy offerings. Select and Choice rib and round 
cuts steady to weak while loin cuts steady to firm. Choice chuck cuts steady 
while Select higher. Beef trimmings slightly to moderately higher on moderate 
to good demand and light offerings.

BEEF CUTOUTS -  OPEN 10/17        BEEF CUTOUTS - CLOSE 10/17
CH 600-900# $218.79  +0.51        CH 600-900# $218.11  -0.17
SE 600-900# $191.43  +0.06        SE 600-900# $192.60  +1.23 
LOADS     28.82 - Choice Cuts     LOADS     86.98 - Choice Cuts
          10.32 - Select Cuts               27.91 - Select Cuts
           5.25 - Trimmings                  7.06 - Trimmings
          10.69 - Coarse Grinds             23.82 - Coarse Grinds

POULTRY

10/16 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $93 to $101 cents FOB
16-24 lb toms $93 to $101 cents FOB                             

10/17 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 10/12      Week Ago     Yr Ago
                                     174,574      175,426    163,896

10/11 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 10/11    Week Ago      Yr Ago
                                              $ 78.71     $ 79.61     $ 83.32
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  September - $ 76.92

10/16 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 10/12 - 220 million, up 1% from a year ago
Chick placement for the week ending 10/12 - 182 million, up 3% from a year ago

10/17 - Daily New York Eggs
Prices for all sizes are 1 cent higher. The undertone is steady to firm.
Supplies are moderate. Offerings are light. Demand is mostly moderate. 
Market activity is moderate.

Extra Large     75-79
Large           73-77
Medium          64-68

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