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St Joseph, MO Fri, May 17, 2024 USDA Market News
Daily Livestock Slaughter Under Federal Inspection
CATTLE CALVES HOGS SHEEP
Friday 102,000 1,000 468,000 5,000
Week ago 120,000 1,000 462,000 4,000
Year ago (act) 122,000 1,000 461,000 4,000
Week to Date 589,000 5,000 2,368,000 35,000
Same Period Last Week 609,000 5,000 2,370,000 34,000
Same Period Last Year* 624,000 5,000 2,334,000 34,000
2024 Year to Date 11,982,263 87,946 49,558,286 733,934
2023*Year to Date 12,545,226 117,433 49,295,835 719,803
Percent Change -4.5% -25.1% +0.5% +2.0%
Saturday 9,000 0,000 36,000 0,000
Week ago 13,000 0,000 9,000 0,000
Year ago (act) 16,000 0,000 73,000 0,000
Week to Date 598,000 5,000 2,404,000 35,000
Same Period Last Week 622,000 5,000 2,379,000 34,000
Same Period Last Year* 640,000 5,000 2,407,000 34,000
2024 Year to Date 11,991,263 87,946 49,594,286 733,934
2023*Year to Date 12,561,431 117,532 49,368,684 719,823
Percent Change -4.5% -25.2% +0.5% +2.0%
Previous Day Breakdown Steers/Heifers Cows/Bulls
Thursday 101,000 23,000
2024 *Totals subject to revision / 2023 *Totals adjusted to reflect
NASS Revisions / Yearly totals may not add due to rounding.
INDEXES
05/16 05/15 05/14 05/13 05/10 05/09 05/08
CATFAX FED 6 STATE 185.52 185.52 185.52 185.52 185.45 185.22 184.00
CATFAX FED 3 STATE 184.08 184.08 184.08 184.08 184.07 184.01 184.00
CME FEEDER 243.04 242.33 241.79 241.75 241.36 240.61 240.38
CME LEAN HOG *92.29 92.13 91.76 91.29 91.22 91.32 91.28
3 Area LEAN HOG 90.10 90.09 89.56 *NA* 88.86 89.21 89.03
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 Fri, May 17, 2024 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS CUTOUT CHANGE TOTAL LDS
05/17 MORNING $100.49 -0.22 236.64
05/17 AFTERNOON $100.85 +0.58 305.04
CARLOT PORK OPEN CLOSE
DATE 05/17 05/17
LOADS - CUTS 193.45 254.31
LOADS - TRIM 43.18 50.72
LOINS 1/4" Trim VAC 129.14 126.08
LOINS BNLS CC Strap On 167.33 166.37
HAMS - Trm Sel 17-20# 88.88 88.88
Trm Sel 20-23# 87.79 87.79
Trm Sel 23-27# 82.78 82.83
BELLIES Skn-on 10-12# 259.84 259.71
BOXED Skn-on 12-14# No Test No Test
BEEF
Des Moines, IA Fri, May 17, 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
05/17 05/17
CH 600-900# $313.53 +3.38 $313.45 +3.30
SE 600-900# $298.09 +1.58 $297.40 +0.89
LOADS
Choice cuts 47.55 59.90
Select cuts 4.52 12.98
Trimmings 0.00 12.95
Coarse Grinds 9.93 13.32
CH/SEL SPREAD $15.44 $16.05
POULTRY
05/17 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
8-16 lb hens $ 88 to $110 cents FOB
16-24 lb toms $ 88 to $110 cents FOB
05/16 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/11 Week Ago Yr Ago
164,066 166,246 166,554
05/17 - Weekly National Chicken Report
National Composite Whole Bird for the Week Ending: 05/17/24
Wtd Avg Chg Range Wk Ago Avg
$132.03 -0.11 $ 90.00-$150.00 $132.14
05/15 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/11 - 245 million, up 1% from a year ago
Chick placement for the week ending 05/11 - 190 million, up 2% from a year ago
05/17 - New York Eggs
Prices are up 4 cents for Extra Large and Large and 2 cents higher for Medium.
The undertone is steady to fully steady. Demand is light to mostly moderate.
Offerings are light to moderate. Supplies are moderate. Market activity is slow
to moderate.
Extra Large 167-171
Large 165-169
Medium 155-159
** 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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