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St Joseph, MO    Thu Mar 04, 2021     USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE   CALVES        HOGS     SHEEP
Thursday 03/04/2021            121,000    1,000     495,000     7,000
Week ago                       121,000    1,000     497,000     7,000
Year ago (act)                 124,000    2,000     497,000     8,000
Week to date                   485,000    7,000   1,982,000    31,000
Same Period Last Week          483,000    7,000   1,980,000    30,000
Same Period Last Year (act)    493,000    7,000   1,981,000    31,000
Previous Day                 Steer and Heifer  Cow and Bull
                 Wednesday      93,000               28,000

INDEXES
                       03/03  03/02  03/01  02/26  02/25  02/24  02/23     
CATFAX FED 6 STATE    114.42 114.03 114.04 114.04 114.01 113.99 113.98   
CATFAX FED 3 STATE    114.01 114.02 114.03 114.03 114.03 114.02 114.00    
CME FEEDER            136.07 137.17 137.54 138.35 138.91 139.48 140.11    
CME LEAN HOG          *84.06  83.27  82.63  81.90  80.70  79.95  79.12        
3 Area LEAN HOG        82.38  81.52  81.20  80.02  78.59  77.92  77.42        
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      Thurs, Mar 04, 2021      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

03/04 AM CARCASS CUTOUT - $ 97.43   CHANGE  +6.02  TOTAL LD COUNT  140.71

03/04 PM CARCASS CUTOUT - $ 93.52   CHANGE  +2.11  TOTAL LD COUNT  319.85

CARLOT PORK -  OPEN  03/04         CARLOT PORK -  CLOSE 03/04
LOADS - CUTS  125.58 TRIM  15.13   LOADS - CUTS  295.96 TRIM  23.89
LOINS 1/4" Trim VAC       97.35    LOINS 1/4" Trim VAC       94.96
LOINS BNLS CC Strap On   111.50    LOINS BNLS CC Strap On   109.85
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#  No Test
       Trm Sel  23-27#    70.37           Trm Sel  23-27#    70.08
BELLIES  Skn-on 10-12#   237.69    BELLIES  Skn-on 10-12#   239.73
BOXED    Skn-on 12-14#   238.74    BOXED    Skn-on 12-14#   262.95

BEEF

Des Moines, IA      Thurs, Mar 04, 2021      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales 
Morning - 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  03/04       BEEF CUTOUTS -  CLOSE 03/04
CH 600-900# $233.91  +0.88        CH 600-900# $233.88  +0.85
SE 600-900# $222.23  -2.01        SE 600-900# $221.68  -2.56
LOADS     29.26 - Choice Cuts     LOADS     73.84 - Choice Cuts
          12.02 - Select Cuts               20.35 - Select Cuts
          14.11 - Trimmings                 14.11 - Trimmings
          10.75 - Coarse Grinds             18.24 - Coarse Grinds

POULTRY

03/4- Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $108 to $115 cents FOB
16-24 lb toms $108 to $115 cents FOB

03/04- Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/27      Week Ago     Yr Ago
                                      177,430      95,927    170,749

02/26 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 02/26    Week Ago      Yr Ago
                                              $ 83.05    $ 83.16      $ 76.71
National Composite Wtd Avg for the Month of:  February - $ 82.97

03/03 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 02/27 - 236 million, off 2% from a year ago
Chick placement for the week ending 02/27 - 185 million, off 3% from a year ago

03/04 - New York Eggs
Prices are 4 cents higher.  The undertone is higher.  Supplies are mixed       
but mostly moderate.  Offerings are light.  Retail demand is moderate to        
 
fairly good while food service demand is light.   Market activity is            
moderate.                                                                
 
                                  
 

Extra Large    139-143
Large          133-137
Medium         109-113

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