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St Joseph, MO         Tue, Apr 16, 2024      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Tuesday                      124,000     1,000     486,000     7,000
Week ago                     125,000     1,000     473,000     8,000
Year ago (act)               129,000     1,000     482,000     9,000
Week to Date                 245,000     2,000     968,000    18,000
Same Period Last Week        246,000     2,000     939,000    17,000
Same Period Last Year*       251,000     2,000     948,000    19,000
2024 Year to Date          9,167,243    71,155  38,534,314   568,127
2023*Year to Date          9,654,547    93,799  38,262,900   566,005
Percent Change                 -5.1%    -24.1%       +0.7%     +0.4%
Previous Day Breakdown           Steers/Heifers     Cows/Bulls
                      Monday         97,000           24,000
    **** REVISION ** HOGS *** MON  482( 482) *** HOGS ** REVISION ****
    2024 *Totals subject to revision / 2023 *Totals adjusted to reflect 
          NASS Revisions / Yearly totals may not add due to rounding.

INDEXES
                        04/15  04/12  04/11  04/10  04/09  04/08  04/05
CATFAX FED 6 STATE     183.49 183.58 184.57 185.60 185.87 185.87 185.87
CATFAX FED 3 STATE     182.01 182.01 183.35 183.93 183.93 183.93 183.93
CME FEEDER             241.36 241.07 244.57 243.65 245.49 245.83 248.62
CME LEAN HOG           *90.98  90.73  90.56  89.84  88.78  87.88  87.05
3 Area LEAN HOG         89.11  89.10  88.49  88.03  86.55  85.50  85.45
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        Tue, Apr 16, 2024      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
04/16 MORNING     $ 99.16      -4.44      130.46
04/16 AFTERNOON   $ 99.55      -4.05      282.38 

CARLOT PORK                 OPEN         CLOSE
 DATE                      04/16         04/16
 LOADS - CUTS             121.84        237.44
 LOADS - TRIM               8.62         44.94
 LOINS 1/4" Trim VAC      125.14        124.42
 LOINS BNLS CC Strap On   153.18        154.21
 HAMS - Trm Sel  17-20#  No Test         94.73
        Trm Sel  20-23#  No Test         94.58
        Trm Sel  23-27#    94.51         88.65
 BELLIES  Skn-on 10-12#   271.95        272.16
 BOXED    Skn-on 12-14#  No Test        270.92

BEEF

Des Moines, IA        Tue, Apr 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
                     04/16               04/16
 CH 600-900#    $298.29  -2.59      $298.02  -2.86
 SE 600-900#    $292.65  +1.31      $292.64  +1.30
    LOADS   
     Choice cuts     40.94               70.51
     Select cuts      9.08               16.76
     Trimmings        4.15                7.92
     Coarse Grinds   12.25               16.15
     CH/SEL SPREAD  $ 5.64              $ 5.38

POULTRY

04/16 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $ 84 to $103 cents FOB
16-24 lb toms $ 86 to $105 cents FOB

04/11 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 04/06      Week Ago    Yr Ago
                                     160,773     160,979     164,108

04/12 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 04/12/2024
      Wtd Avg    Chg         Range         Wk Ago Avg
      $132.71   -0.30   $104.00-$159.00     $133.01

04/10 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 04/06 - 244 million, up 2% from a year ago
Chick placement for the week ending 04/06 - 189 million, up 2% from a year ago

04/16 - New York Eggs
Prices are unchanged for Extra Large, Large, and Medium. The undertone is
steady. The New York shell egg inventory is up 4 percent compared to last
week. Demand is moderate to fairly good. Offerings and supplies are light
to moderate. Market activity is moderate.

Extra Large   253-257
Large         251-255
Medium        240-244
    ** 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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