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St Joseph, MO         Wed, Oct 21, 2020      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 10/21/2020           121,000    2,000     492,000     7,000
Week ago                       119,000    2,000     489,000     7,000
Year ago (act)                 119,000    3,000     493,000     8,000
Week to date                   360,000    6,000   1,457,000    25,000
Same Period Last Week          356,000    6,000   1,455,000    24,000
Same Period Last Year (act)    355,000    8,000   1,470,000    26,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Tuesday          95,000           26,000

INDEX
                       10/20  10/19  10/16  10/15  10/14  10/13  10/12
CATFAX FED 6 STATE    106.77 107.23 107.84 108.35 108.33 108.50 108.53
CATFAX FED 3 STATE    106.87 107.11 108.06 108.68 108.62 108.80 108.83
CME FEEDER            138.36 138.66 140.26 140.22 140.91 140.92 140.71
CME LEAN HOG          *78.69  78.62  78.27  78.23  78.49  78.24  78.21
3 Area LEAN HOG        76.90  77.20  76.82  76.21  76.32  76.53  75.87
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        Wed, Oct 21, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

10/21 AM CARCASS CUTOUT - $ 97.96   CHANGE  +1.05  TOTAL LD COUNT  178.60

10/21 PM CARCASS CUTOUT - $ 98.16   CHANGE  +1.25  TOTAL LD COUNT  309.68

CARLOT PORK -  OPEN 10/21          CARLOT PORK -  CLOSE 10/21
LOADS - CUTS  158.01 TRIM  20.59   LOADS - CUTS  266.94 TRIM  42.74
LOINS 1/4" Trim VAC       97.25    LOINS 1/4" Trim VAC       98.25
LOINS BNLS CC Strap On   130.06    LOINS BNLS CC Strap On   123.58
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    71.34
       Trm Sel  23-27#    69.03           Trm Sel  23-27#    69.25
BELLIES  Skn-on 10-12#   237.58    BELLIES  Skn-on 10-12#   239.98
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Wed, Oct 21, 2020      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.

BEEF CUTOUTS -  OPEN 10/21        BEEF CUTOUTS -  CLOSE 10/21
CH 600-900# $209.65  -0.95        CH 600-900# $208.47  -2.13
SE 600-900# $191.97  +0.30        SE 600-900# $190.91  -0.76
LOADS     63.75 - Choice Cuts     LOADS    104.06 - Choice Cuts
          14.89 - Select Cuts               33.57 - Select Cuts
          14.18 - Trimmings                 31.02 - Trimmings
          31.18 - Coarse Grinds             37.89 - Coarse Grinds

POULTRY

10/21 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $114 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

10/21 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 10/17 - 220 million, off 2% from a year ago
Chick placement for the week ending 10/17 - 182 million, off 1% from a year ago

10/21 - Daily New York Eggs 
Prices are unchanged. The undertone is at best steady. Supplies are moderate
to available for needs. Offerings are light to moderate. Demand into retail 
channels is moderate to fairly good. Market activity is moderate to slow.

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

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