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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
                       10/19  10/16  10/15  10/14  10/13  10/12  10/09
CATFAX FED 6 STATE    107.23 107.84 108.35 108.33 108.50 108.53 108.53
CATFAX FED 3 STATE    107.11 108.06 108.68 108.62 108.80 108.83 108.83
CME FEEDER                   140.26 140.22 140.91 140.92 140.71+141.23
CME LEAN HOG          *78.62  78.27  78.23  78.49  78.24  78.21  78.14
3 Area LEAN HOG        77.20  76.82  76.21  76.32  76.53  75.87  76.72
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, Oct 20, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

10/20 AM CARCASS CUTOUT - $ 99.87   CHANGE  +1.77  TOTAL LD COUNT  215.53

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

CARLOT PORK -  OPEN 10/20          CARLOT PORK -  CLOSE 10/19
LOADS - CUTS  199.90 TRIM  15.63   LOADS - CUTS  290.17 TRIM  27.27
LOINS 1/4" Trim VAC      113.11    LOINS 1/4" Trim VAC      106.33
LOINS BNLS CC Strap On   128.93    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#    73.28           Trm Sel  20-23#    69.73
       Trm Sel  23-27#    69.49           Trm Sel  23-27#    69.99
BELLIES  Skn-on 10-12#   291.95    BELLIES  Skn-on 10-12#   201.35
BOXED    Skn-on 12-14#   271.91    BOXED    Skn-on 12-14#   192.33

BEEF

Des Moines, IA        Tue, Oct 20, 2020      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Morning - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am

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 10/20        BEEF CUTOUTS -  CLOSE 10/19
CH 600-900# $211.34  +1.60        CH 600-900# $209.74  -0.29
SE 600-900# $195.12  +3.28        SE 600-900# $191.84  -1.68
LOADS     40.99 - Choice Cuts     LOADS     52.10 - Choice Cuts
          11.44 - Select Cuts               30.41 - Select Cuts
          12.43 - Trimmings                 12.23 - Trimmings
           6.39 - 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

10/20 - Daily New York Eggs 
Prices are steady. The undertone is at best steady. Supplies are adequate to 
fully adequate needs. The New York shell egg inventory is 8 percent higher than
the previous week. Offerings are light to moderate. Demand into retail channels
is moderate to fairly good. Market activity is moderate but slowing. 

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

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