St Joseph, MO         Mon, May 20, 2024      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Monday                       120,000     1,000     482,000     9,000
Week ago                     116,000     1,000     461,000    10,000
Year ago (act)               125,000     1,000     472,000     9,000
Week to Date                 120,000     1,000     482,000     9,000
Same Period Last Week        116,000     1,000     461,000    10,000
Same Period Last Year*       125,000     1,000     272,000     9,000
2024 Year to Date         12,111,263    88,946  50,076,286   742,934
2023*Year to Date         12,686,705   118,659  49,840,852   728,622
Percent Change                 -4.5%    -25.0%       +0.5%     +2.0%
Previous Day Breakdown           Steers/Heifers     Cows/Bulls
                     Friday          79,000           23,000
                     Saturday        23,000            1,000
    2024 *Totals subject to revision / 2023 *Totals adjusted to reflect 
          NASS Revisions / Yearly totals may not add due to rounding.

INDEXES
                        05/17  05/16  05/15  05/14  05/13  05/10  05/09
CATFAX FED 6 STATE     187.72 185.52 185.52 185.52 185.52 185.45 185.22
CATFAX FED 3 STATE     186.00 184.08 184.08 184.08 184.08 184.07 184.01
CME FEEDER                    243.04 242.33 241.79 241.75 241.36 240.61
CME LEAN HOG           *92.22  92.29  92.13  91.76  91.29  91.22  91.32
3 Area LEAN HOG         90.30  90.10  90.09  89.56  *NA*   88.86  89.21
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        Mon, May 20, 2024      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
05/20 MORNING     $102.48      +1.63      167.72
05/20 AFTERNOON   $101.77      +0.92      327.04 

CARLOT PORK                 OPEN         CLOSE
 DATE                      05/20         05/20
 LOADS - CUTS             139.40        284.26
 LOADS - TRIM              28.32         42.78
 LOINS 1/4" Trim VAC      130.19        131.74
 LOINS BNLS CC Strap On   161.46        163.47
 HAMS - Trm Sel  17-20#  No Test       No Test
        Trm Sel  20-23#    81.75         80.15
        Trm Sel  23-27#    82.17         81.08
 BELLIES  Skn-on 10-12#   276.37        271.36
 BOXED    Skn-on 12-14#  No Test       No Test

BEEF

Des Moines, IA        Mon, May 20, 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
                     05/20               05/20
 CH 600-900#    $314.25  +0.80      $312.70  -0.75
 SE 600-900#    $301.35  +3.95      $299.35  +1.95
    LOADS   
     Choice cuts     27.47               58.83
     Select cuts      9.64               21.68
     Trimmings        0.00               21.07
     Coarse Grinds   10.85               15.62
     CH/SEL SPREAD  $12.90              $13.35

POULTRY

05/20 - 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

05/20 - New York Eggs
Prices are up 5 cents for Extra Large and Large and 2 cents higher for Medium.
The undertone is fully steady. Demand remains light to mostly moderate.
Offerings are light to moderate. Supplies are moderate. Market activity is 
moderate.

Extra Large   172-176
Large         170-174
Medium        157-161
    ** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, USDA GRADE A AND 
GRADE A, WHITE EGGS IN CARTONS, DELIVERED STORE DOOR, CENTS PER DOZEN.**