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St Joseph, MO    Mon Oct 19, 2020     USDA Market News
Daily Livestock Slaughter under Federal Inspection

                         CATTLE    CALVES      HOGS       SHEEP
Monday 10/19/2020        118,000    2,000     488,000     9,000
Week ago                 117,000    2,000     478,000     9,000
Year ago (act)           117,000    2,000     490,000     9,000
Previous Day                  Steer & Heifer    Cow & Bull
                       Friday     92,000          24,000
                       Saturday   51,000          11,000

INDEX
                       10/16  10/15  10/14  10/13  10/12  10/09  10/08  10/07
CATFAX FED 6 STATE    107.84 108.35 108.33 108.50 108.53 108.53 107.58 107.10
CATFAX FED 3 STATE    108.06 108.68 108.62 108.80 108.83 108.83 107.69 107.08
CME FEEDER            140.26 140.22 140.91 140.92 140.71+141.23+141.82 142.60
CME LEAN HOG          *78.27  78.23  78.49  78.24  78.21  78.14  77.71  77.62
3 Area LEAN HOG        76.82  76.21  76.32  76.53  75.87  76.72  75.77  75.38
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        Mon, Oct 19, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

10/19 AM CARCASS CUTOUT - $100.25   CHANGE  +1.06  TOTAL LD COUNT  188.63

10/19 PM CARCASS CUTOUT - $ 98.10   CHANGE  -1.09  TOTAL LD COUNT  317.44

CARLOT PORK -  OPEN 10/19          CARLOT PORK -  CLOSE 10/19
LOADS - CUTS  166.23 TRIM  11.79   LOADS - CUTS  290.17 TRIM  27.27
LOINS 1/4" Trim VAC      109.20    LOINS 1/4" Trim VAC      106.33
LOINS BNLS CC Strap On   134.25    LOINS BNLS CC Strap On   135.84
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    70.82
       Trm Sel  20-23#    67.47           Trm Sel  20-23#    69.73
       Trm Sel  23-27#    71.18           Trm Sel  23-27#    69.99
BELLIES  Skn-on 10-12#   195.55    BELLIES  Skn-on 10-12#   201.35
BOXED    Skn-on 12-14#   207.75    BOXED    Skn-on 12-14#   192.33

BEEF

Des Moines, IA        Mon, Oct 19, 2020      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.

BEEF CUTOUTS -  OPEN 10/19        BEEF CUTOUTS -  CLOSE 10/19
CH 600-900# $209.86  -0.17        CH 600-900# $209.74  -0.29
SE 600-900# $192.47  -1.05        SE 600-900# $191.84  -1.68
LOADS     24.46 - Choice Cuts     LOADS     52.10 - Choice Cuts
          12.05 - Select Cuts               30.41 - Select Cuts
           8.01 - Trimmings                 12.23 - Trimmings
          15.11 - Coarse Grinds             19.64 - Coarse Grinds

POULTRY

10/19 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $112 to $119 cents FOB
16-24 lb toms $114 to $119 cents FOB

10/15 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 10/10      Week Ago     Yr Ago
                                     168,293      169,714    174,574

10/16 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 10/16    Week Ago      Yr Ago
                                              $ 67.87    $ 65.06      $ 78.49
National Composite Wtd Avg for the Month of: September - $ 63.58

10/14 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 10/10 - 224 million, up 2% from a year ago
Chick placement for the week ending 10/10 - 177 million, off 3% from a year ago

10/19 - Daily New York Eggs 
Prices are steady. Trade sentiment is steady to cautiously steady Supplies are
sufficient for needs. Offerings are light to moderate. Demand into retail 
channels is moderate to fairly good. Market activity is moderate. 

Extra Large    119-123
Large          117-121
Medium         106-110

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