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St Joseph, MO Thu, May 16, 2024 USDA Market News
Daily Livestock Slaughter Under Federal Inspection
CATTLE CALVES HOGS SHEEP
Thursday 124,000 1,000 479,000 7,000
Week ago 122,000 1,000 472,000 7,000
Year ago (act) 124,000 1,000 471,000 7,000
Week to Date 487,000 4,000 1,900,000 30,000
Same Period Last Week 489,000 4,000 1,908,000 30,000
Same Period Last Year* 502,000 4,000 1,873,000 30,000
2024 Year to Date 11,880,263 86,946 49,090,286 728,934
2023*Year to Date 12,422,834 116,467 48,834,678 716,041
Percent Change -4.4% -25.4% +0.5% +1.8%
Previous Day Breakdown Steers/Heifers Cows/Bulls
Wednesday 101,000 23,000
2024 *Totals subject to revision / 2023 *Totals adjusted to reflect
NASS Revisions / Yearly totals may not add due to rounding.
INDEXES
05/15 05/14 05/13 05/10 05/09 05/08 05/07
CATFAX FED 6 STATE 185.52 185.52 185.52 185.45 185.22 184.00 184.00
CATFAX FED 3 STATE 184.08 184.08 184.08 184.07 184.01 184.00 184.00
CME FEEDER 242.33 241.79 241.75 241.36 240.61 240.38 239.45
CME LEAN HOG *92.13 91.76 91.29 91.22 91.32 91.28 91.28
3 Area LEAN HOG 90.09 89.56 *NA* 88.86 89.21 89.03 89.07
NA = Not Available; **NA = Not Available Due to Packer Submission Issues;
*NA* = Not Available Due to Confidentiality; + 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, May 16, 2024 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS CUTOUT CHANGE TOTAL LDS
05/16 MORNING $100.94 -0.76 165.14
05/16 AFTERNOON $100.27 -1.43 242.40
CARLOT PORK OPEN CLOSE
DATE 05/16 05/16
LOADS - CUTS 142.99 209.37
LOADS - TRIM 22.15 33.03
LOINS 1/4" Trim VAC 127.89 128.80
LOINS BNLS CC Strap On 163.22 161.34
HAMS - Trm Sel 17-20# No Test No Test
Trm Sel 20-23# No Test No Test
Trm Sel 23-27# 84.89 85.31
BELLIES Skn-on 10-12# 261.99 261.88
BOXED Skn-on 12-14# No Test No Test
BEEF
Des Moines, IA Thu, May 16, 2024 USDA Market News
NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated
ESTIMATED BOXED BEEF CUT-OUT VALUES
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.
MORNING AFTERNOON
BEEF CUTOUTS OPEN CHNG CLOSE CHNG
05/16 05/16
CH 600-900# $309.51 +2.74 $310.15 +3.38
SE 600-900# $297.40 +3.09 $296.51 +2.20
LOADS
Choice cuts 20.09 62.09
Select cuts 9.97 25.93
Trimmings 11.69 14.21
Coarse Grinds 9.07 12.84
CH/SEL SPREAD $12.11 $13.64
POULTRY
05/16 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
8-16 lb hens $ 88 to $110 cents FOB
16-24 lb toms $ 88 to $110 cents FOB
05/16 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/11 Week Ago Yr Ago
164,066 166,246 166,554
05/10 - Weekly National Chicken Report
National Composite Whole Bird for the Week Ending: 05/10/24
Wtd Avg Chg Range Wk Ago Avg
$132.53 +0.52 $103.00-$155.00 $132.01
05/15 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/11 - 245 million, up 1% from a year ago
Chick placement for the week ending 05/11 - 190 million, up 2% from a year ago
05/16 - New York Eggs
Prices are up 3 cents for larger sizes and unchanged for Medium. The undertone
is steady to fully steady. Demand is light to moderate. Offerings are light to
moderate. Supplies are moderate. Market activity is slow to moderate.
Extra Large 163-167
Large 161-165
Medium 153-157
** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, USDA GRADE A AND
GRADE A, WHITE EGGS IN CARTONS, DELIVERED STORE DOOR, CENTS PER DOZEN.**
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