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St Joseph, MO         Wed, Sep 23, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 09/23/2020  (est)    120,000    2,000     487,000     5,000
Week ago (est)                 120,000    2,000     485,000     6,000
Year ago (act)                 118,000    3,000     476,000     7,000
Week to date (est)             361,000    6,000   1,450,000    20,000
Same Period Last Week (est)    360,000    6,000   1,456,000    22,000
Same Period Last Year (act)    350,000    8,000   1,390,000    24,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday          96,000            25,000

INDEX
                      09/22  09/21  09/18  09/17  09/16  09/15  09/14  09/11
CATFAX FED 6 STATE   103.37 103.36 103.36 103.15 102.69 101.25 101.25 101.25
CATFAX FED 3 STATE   103.21 103.21 103.21 102.92 102.82 101.41 101.41 101.41
CME FEEDER           142.28 142.45+142.05+142.19+141.21 140.60 140.52 141.47
CME LEAN HOG         *72.89  72.17  71.29  69.58  67.84  66.42  65.35  64.55
3 Area LEAN HOG       70.76  66.21  69.45  67.18  65.95  63.94  62.78  62.01
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, Sep 23, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

09/23 AM CARCASS CUTOUT - $ 90.75   CHANGE  +2.09  TOTAL LD COUNT  160.78

09/23 PM CARCASS CUTOUT - $ 88.97   CHANGE  +0.31  TOTAL LD COUNT  290.66

CARLOT PORK -  OPEN 09/23          CARLOT PORK -  CLOSE 09/23
LOADS - CUTS  142.51 TRIM  18.28   LOADS - CUTS  255.01 TRIM  35.65
LOINS 1/4" Trim VAC       87.24    LOINS 1/4" Trim VAC       88.89
LOINS BNLS CC Strap On   119.61    LOINS BNLS CC Strap On   122.76
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    72.50
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    72.43
       Trm Sel  23-27#    68.94           Trm Sel  23-27#    70.15
BELLIES  Skn-on 10-12#   228.87    BELLIES  Skn-on 10-12#   212.75
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   173.43

BEEF

Des Moines, IA        Wed, Sep 23, 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 09/23        BEEF CUTOUTS -  CLOSE 09/23
CH 600-900# $216.40  +0.96        CH 600-900# $215.87  +0.43
SE 600-900# $207.93  +1.63        SE 600-900# $207.60  +1.30
LOADS     57.42 - Choice Cuts     LOADS     92.18 - Choice Cuts
          20.36 - Select Cuts               30.38 - Select Cuts
           9.27 - Trimmings                 11.38 - Trimmings
          23.48 - Coarse Grinds             35.42 - Coarse Grinds

POULTRY

09/23 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $111 to $117 cents FOB
16-24 lb toms $111 to $116 cents FOB

09/17 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 09/12      Week Ago     Yr Ago
                                     149,110      173,857    173,696

09/18 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 09/18    Week Ago      Yr Ago
                                              $ 63.48    $ 63.98      $ 76.19
National Composite Wtd Avg for the Month of:  August  -  $ 66.08

09/23 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 09/19 - 223 million, off 2% from a year ago
Chick placement for the week ending 09/19 - 186 million, off 1% from a year ago

09/23 - Daily New York Eggs 
Prices are 2 cents higher for all sizes. The undertone is firm. Supplies are
mostly moderate for needs. Offerings are moderate to light. Retail demand is
moderate to fairly good. Market activity is moderate. 

Extra Large     97-101
Large           95-99
Medium          71-75

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