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St Joseph, MO         Fri, Feb 03, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Friday 02/03/2023              122,000    1,000     484,000     5,000
Week ago                       124,000    1,000     487,000     5,000
Year ago (act)                 114,000    2,000     425,000     3,000
Week to date                   622,000    5,000   2,422,000    34,000
Same Period Last Week          628,000    5,000   2,441,000    33,000
Same Period Last Year (act)    590,000    7,000   2,217,000    30,000

Saturday 02/04/2023             19,000        0     153,000         0
Week ago                        31,000        0      95,000         0
Year ago (act)                  46,000        0     218,000         0
Week to date                   641,000    5,000   2,575,000    34,000
Same Period Last Week          659,000    5,000   2,536,000    33,000
Same Period Last Year*(act)    635,000    7,000   2,436,000    30,000
2023 Year to Date            3,173,000   30,000  12,688,000   163,000
2022 *Year to Date           3,165,000   38,000  12,320,000   154,000
Percent change                    0.2%   -21.3%        3.0%      5.9%
2023 *Totals subject to revision
2022 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day                      Steer and Heifer   Cow and Bull
                      Thursday         97,000           28,000

INDEXES
                       02/02  02/01  01/31  01/30  01/27  01/26  01/25
CATFAX FED 6 STATE    155.52 155.52 155.52 155.47 156.01 153.66 155.30
CATFAX FED 3 STATE    155.98 155.98 155.98 155.59 155.98 154.99 154.99
CME FEEDER            181.45 180.90 180.37 180.42 179.88 179.57 178.80
CME LEAN HOG          *73.05  72.85  72.51  72.58  72.71  72.64  72.52
3 Area LEAN HOG        70.78  70.85  70.74  70.63  70.77  70.54  70.70
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        Fri, Feb 03, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

02/03 AM CARCASS CUTOUT - $ 79.20   CHANGE  -2.30 TOTAL LD COUNT  174.26

02/03 PM CARCASS CUTOUT - $ 79.09   CHANGE  -2.41 TOTAL LD COUNT  295.28

CARLOT PORK -  OPEN  02/03         CARLOT PORK -  CLOSE 02/03
LOADS - CUTS 156.57  TRIM  17.69   LOADS - CUTS  266.68 TRIM  28.60
LOINS 1/4" Trim VAC       95.99    LOINS 1/4" Trim VAC       96.75
LOINS BNLS CC Strap On   135.21    LOINS BNLS CC Strap On   132.20
HAMS - Trm Sel  17-20#    76.69    HAMS - Trm Sel  17-20#    75.48
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    75.11
       Trm Sel  23-27#    71.97           Trm Sel  23-27#    71.43
BELLIES  Skn-on 10-12#   197.69    BELLIES  Skn-on 10-12#   197.84
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Fri, Feb 03, 2023      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
Afternoon - 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  02/03       BEEF CUTOUTS -  CLOSE 02/03
CH 600-900# $264.90  -0.20        CH 600-900# $264.74  -0.36
SE 600-900# $253.78  +0.12        SE 600-900# $251.61  -2.05
LOADS     35.60 - Choice Cuts     LOADS     49.18 - Choice Cuts
           4.00 - Select Cuts               13.15 - Select Cuts
           0.00 - Trimmings                  2.82 - Trimmings
           8.13 - Coarse Grinds             10.78 - Coarse Grinds
CHOICE/SELECT SPREAD:  $11.12     CHOICE/SELECT SPREAD:  $13.13

POULTRY

02/03 Day-to-day Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $164 to $180 cents FOB
16-24 lb toms $164 to $180 cents FOB

02/02 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 01/28      Week Ago     Yr Ago
                                     168,865     160,069     168,177

02/03 Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 02/03/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $121.19   -0.14   $ 80.00-$158.00     $121.05

02/01 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 01/28 - 239 million, down slightly from
a year ago.
Chick placement for the week ending 01/28 - 188 million, up 1% from a year 
ago.

02/03 - New York Eggs
Prices are 10 cents lower for larger sizes and down 5 cents for Medium. The
undertone is mostly weak. Offerings are light to moderate. Supplies are 
moderate. Demand is light to moderate. Market activity is moderate.

Extra Large    265-269
Large          263-267
Medium         234-238

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