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St Joseph, MO         Thu, Jul 19, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 07/19/2018   (est)    121,000    2,000     461,000     7,000
Week ago (est)                 120,000    2,000     454,000     7,000
Year ago (act)                 114,000    1,000     438,000     8,000
Week to date (est)             476,000    8,000   1,814,000    30,000
Same Period Last Week (est)    479,000    8,000   1,811,000    30,000
Same Period Last Year (act)    457,000    7,000   1,732,000    31,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        94,000            25,000

INDEX
                     07/18  07/17  07/16  07/13  07/12  07/11  07/10
CATFAX FED 6 STATE  110.63 110.63 110.63 110.63 112.96 112.96 112.96
CATFAX FED 3 STATE  110.95 110.94 110.94 110.94 112.72 112.71 112.71
CME FEEDER          148.31 148.59 148.37 148.27 148.16 147.16 145.08
CME LEAN HOG        *78.62  79.15  79.69  80.34  80.91  81.26  81.52
3 Area LEAN HOG      75.42  76.01  76.59  77.12  77.76  78.20  78.50
*DTN 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, Jul 19, 2018      USDA Market News

07/19 AM CARCASS CUTOUT - $ 82.60   CHANGE  +0.25  TOTAL LD COUNT  155.55

07/19 PM CARCASS CUTOUT - $ 82.69   CHANGE  +0.34  TOTAL LD COUNT  247.70

CARLOT PORK -  OPEN 07/19          CARLOT PORK - CLOSE 07/19
LOADS - CUTS  123.30 TRIM 32.25   LOADS - CUTS  204.34  TRIM 43.36
LOINS 1/4" Trim VAC       99.64    LOINS 1/4" Trim VAC       99.42
LOINS BNLS CC Strap On   113.42    LOINS BNLS CC Strap On   113.04
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#  No Test
       Trm Sel  23-27#    55.44           Trm Sel  23-27#    55.14
BELLIES  Skn-on 10-12#   224.87    BELLIES  Skn-on 10-12#   229.95
BOXED    Skn-on 12-14#   194.17    BOXED    Skn-on 12-14#   200.66

BEEF

Des Moines, IA        Thu, Jul 19, 2018      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.

Boxed beef cutout values steady to weak on light to moderate demand and
moderate to heavy offerings. Select and Choice rib, chuck, and round cuts
mostly steady to firm while loin cuts weak. Beef trimmings mostly slightly
lower on light demand and light to moderate offerings.

BEEF CUTOUTS -  OPEN 07/19        BEEF CUTOUTS - CLOSE 07/19 
CH 600-900# $205.01  +0.21        CH 600-900# $204.49  -0.31
SE 600-900# $197.36  +0.27        SE 600-900# $196.92  -0.17
LOADS     31.26 - Choice Cuts     LOADS     77.45 - Choice Cuts
          15.73 - Select Cuts               36.43 - Select Cuts
           0.00 - Trimmings                 10.17 - Trimmings
          29.54 - Coarse Grinds             42.35 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 07/13   Week Ago     Yr Ago
                                              $112.48    $114.31    $106.25
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: June - $118.92

07/18 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/14 - 228 million, up 1% from a year ago
Chick placement for the week ending 07/14 - 186 million, up 2% from a year ago

07/19 - Daily New York Eggs
Prices are 5 cents lower for Extra Large and Large. Medium egg prices are
2 cents lower. The undertone is lower. Supplies and offerings are moderate to
heavy. Demand is mixed, but usually light to moderate, Market activity is
moderate to slow.

Extra Large    129-133
Large          127-131
Medium          68-72

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