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St Joseph, MO         Tue, Oct 29, 2024      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Tuesday                      124,000     1,000     488,000      7,000
Week ago                     123,000     1,000     488,000      7,000
Year ago (act)               127,000     1,000     482,000      8,000
Week to Date                 245,000     2,000     976,000     17,000
Same Period Last Week        243,000     2,000     976,000     17,000
Same Period Last Year*       251,000     2,000     957,000     18,000
2024 Year to Date         25,983,469   175,269 106,577,425  1,567,899
2023*Year to Date         27,007,267   240,525 105,483,179  1,508,772
Percent Change                 -3.8%    -27.1%        1.0%       3.9%
Previous Day Breakdown             Steers/Heifers    Cows/Bulls
                       Monday          98,000          23,000
   2024  *Totals subject to revision / 2023 *Totals adjusted to reflect 
        NASS Revisions / Yearly totals may not add due to rounding

INDEXES
                         10/28  10/25  10/24  10/23  10/22  10/21  10/18
CATFAX FED 6 STATE      190.17 190.32 187.93 187.93 187.93 187.93 187.74
CATFAX FED 3 STATE      190.08 190.08 188.00 188.00 188.00 188.00 187.88
CME FEEDER              249.49 249.37 249.09 249.56 250.71 250.65 250.26
CME LEAN HOG            *85.73  85.55  85.43  85.20  84.66  84.34  84.23
3 Area LEAN HOG          84.40  83.86  83.72  83.38  82.84  82.63  82.50
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        Tue, Oct 29, 2024      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

   ***THE USDA REVISED THE AFTERNOON PORK REPORT***
***REVISIONS ARE NOTED WITH AN  * BEHIND THE CHANGE***

PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
10/29 MORNING     $102.21      +0.26      164.86
10/29 AFTERNOON   $101.07      -0.88      296.04*

CARLOT PORK                 OPEN         CLOSE
 DATE                      10/29         10/29
 LOADS - CUTS             138.95        251.95
 LOADS - TRIM              25.91         44.09*
 LOINS 1/4" Trim VAC       99.27        101.55
 LOINS BNLS CC Strap On   146.90        145.34
 HAMS - Trm Sel  17-20#  No Test       No Test
        Trm Sel  20-23#    96.60         96.87
        Trm Sel  23-27#    92.61         92.90
 BELLIES  Skn-on 10-12#   291.03        291.14
 BOXED    Skn-on 12-14#  No Test        286.90

BEEF

Des Moines, IA        Tue, Oct 29, 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.

**THE USDA HAS REVISED THE AFTERNOON BOXED BEEF CUTOUT AND BOXED CUTS REPORT**
         ****REVISIONS ARE NOTED WITH AN * BEHIND THE CORRECTION****

                    MORNING            AFTERNOON
BEEF CUTOUTS    OPEN      CHNG      CLOSE     CHNG
                     10/29               10/29
 CH 600-900#    $323.15  -0.35      $320.61* -2.89*
 SE 600-900#    $290.36  -1.82      $289.96  -2.22
    LOADS   
     Choice cuts     34.30               83.72
     Select cuts     16.17               25.32
     Trimmings        8.39               14.20
     Coarse Grinds   21.97               26.83
     CH/SEL SPREAD  $32.79              $30.65*

POULTRY

10/29 - Daily Turkey Market
Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $ 94 to $105 cents FOB
16-24 lb toms $ 81 to $105 cents FOB

10/24 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 10/19      Week Ago    Yr Ago
                                     169,387      168,623   169,995

10/25 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 10/25/24
      Wtd Avg    Chg         Range         Wk Ago Avg
      $129.55   +0.67   $ 90.00-$153.00     $128.88

10/23 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 10/19 - 242 million, up 8% from a year ago
Chick placement for the week ending 10/19 - 190 million, up 6% from a year ago

10/29 - New York Eggs
Prices are up 5 cents for Extra Large and Large and 9 cents higher for
Medium. The undertone is higher. The New York shell egg inventory is down
1 percent compared to last week. Demand is moderate to good. Offerings
are light to very light. Supplies are light to moderate. Market activity
is moderate to active.

Extra Large   443-447
Large         441-445
Medium        386-390
    ** 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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