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St Joseph, MO         Tue, Nov 12, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 11/12/2019    (est)    119,000    2,000     492,000     9,000
Week ago (est)                 119,000    2,000     491,000     8,000
Year ago (act)                 120,000    3,000     484,000    10,000
Week to date (est)             231,000    4,000     936,000    17,000
Same Period Last Week (est)    234,000    4,000     982,000    17,000
Same Period Last Year (act)    231,000    4,000     924,000    17,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           87,000            25,000

INDEX
                      11/11  11/08  11/07  11/06  11/05  11/04  11/01
CATFAX FED 6 STATE   114.59 114.60 114.19 113.45 112.98 112.98 112.87
CATFAX FED 3 STATE   114.48 114.48 114.00 112.00 111.99 111.99 111.99
CME FEEDER           147.25 146.52 145.84 146.09 146.26 146.24 146.45
CME LEAN HOG         *58.94  59.44  60.29  60.19  60.16  60.36  60.88
3 Area LEAN HOG       56.92  57.90  58.03  58.09  58.14  57.88  58.74
**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        Tue, Nov 12, 2019      USDA Market News

11/12 AM CARCASS CUTOUT - $ 89.07   CHANGE  +2.73  TOTAL LD COUNT  189.09

11/12 PM CARCASS CUTOUT - $ 88.53   CHANGE  +2.19  TOTAL LD COUNT  366.33

CARLOT PORK -  OPEN 11/12          CARLOT PORK -  CLOSE 11/12
LOADS - CUTS  170.95 TRIM  18.14   LOADS - CUTS  331.20  TRIM 35.13
LOINS 1/4" Trim VAC       89.36    LOINS 1/4" Trim VAC       89.73
LOINS BNLS CC Strap On   123.32    LOINS BNLS CC Strap On   122.94
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    97.05           Trm Sel  20-23#    98.80
       Trm Sel  23-27#    98.11           Trm Sel  23-27#    98.47
BELLIES  Skn-on 10-12#   202.83    BELLIES  Skn-on 10-12#   203.72
BOXED    Skn-on 12-14#   204.36    BOXED    Skn-on 12-14#   185.52

BEEF

Des Moines, IA        Tue, Nov 12, 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 higher on Choice and sharply higher on Select on 
moderate to good demand and light to moderate offerings. Select and Choice rib
and loin cuts steady to firm while chuck and round cuts firm to higher. Beef 
trimmings sharply higher on good demand and light offerings.

BEEF CUTOUTS -  OPEN 11/12        BEEF CUTOUTS - CLOSE 11/12
CH 600-900# $240.05  +1.46        CH 600-900# $240.50  +1.91
SE 600-900# $216.81  +3.12        SE 600-900# $216.23  +2.54 
LOADS     24.34 - Choice Cuts     LOADS     49.38 - Choice Cuts
          11.06 - Select Cuts               19.16 - Select Cuts
           5.07 - Trimmings                  6.51 - Trimmings
          14.40 - Coarse Grinds             17.34 - Coarse Grinds

POULTRY

11/12 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $95 to $103 cents FOB
16-24 lb toms $95 to $103 cents FOB

11/07 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/02      Week Ago     Yr Ago
                                     172,986      172,753    164,459

11/08 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 11/08    Week Ago      Yr Ago
                                              $ 78.50     $ 78.92     $ 85.74
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  October - $ 78.86

11/06 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 11/02 - 224 million, up 4% from a year ago
Chick placement for the week ending 11/02 - 178 million, up 2% from a year ago

11/12 - Daily New York Eggs
Prices are higher for larger sizes, while Medium egg prices remain unchanged.
The undertone is steady to firm. Supplies vary but are mostly moderate for 
needs. Offerings are light. Demand is moderate to good. Market activity is
moderate to active.

Extra Large    146-150
Large          144-148
Medium         107-111

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