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St Joseph, MO         Fri, Jul 10, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Friday 07/10/2020     (est)    119,000    1,000     466,000     6,000
Week ago (est)                 109,000    1,000     176,000     1,000
Year ago (act)                 117,000    3,000     460,000     5,000
Week to date (est)             593,000    8,000   2,323,000    37,000
Same Period Last Week (est)    593,000    8,000   2,043,000    33,000
Same Period Last Year (act)    593,000   13,000   2,380,000    37,000

Saturday 07/11/2020   (est)     71,000        0     283,000         0
Week ago (est)                       0        0           0         0
Year ago (act)                  65,000        0      39,000         0
Week to date (est)             664,000    8,000   2,606,000    37,000
Same Period Last Week (est)    593,000    8,000   2,043,000    33,000
Same Period Last Year*(act)    658,000   13,000   2,419,000    37,000
2020 Year to Date            16,516,00  244,000  66,934,000 1,008,000
2019 *Year to Date           17,503,00  300,000  66,943,000 1,087,000
Percent change                   -5.6%   -18.8%        0.0%     -7.3%
2020 *Totals subject to revision
2019 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated            Steer and Heifer    Cow and Bull
                      Thursday         96,000            24,000

INDEX
                      07/09  07/08  07/07  07/06  07/03  07/02  07/01
CATFAX FED 6 STATE    95.49  95.43  95.15  94.93   NA    94.92  95.16
CATFAX FED 3 STATE    94.70  94.71  94.62  94.47   NA    94.41  94.84
CME FEEDER           134.92 133.69 130.15 130.13 128.98 128.88 129.05
CME LEAN HOG         *45.33  45.18  45.35  45.90   NA    45.66  45.02
3 Area LEAN HOG       43.05  42.72  42.71  43.04   NA    43.87  42.61
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        Fri, Jul 10, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

07/10 AM CARCASS CUTOUT - $ 71.13   CHANGE  +4.01  TOTAL LD COUNT  214.80

07/10 PM CARCASS CUTOUT - $ 68.95   CHANGE  +1.83  TOTAL LD COUNT  334.01

CARLOT PORK -  OPEN 07/10          CARLOT PORK -  CLOSE 07/10
LOADS - CUTS  173.35 TRIM  41.45   LOADS - CUTS  270.62 TRIM  63.39
LOINS 1/4" Trim VAC       70.25    LOINS 1/4" Trim VAC       72.32
LOINS BNLS CC Strap On   104.24    LOINS BNLS CC Strap On   105.58
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    41.81
       Trm Sel  23-27#    44.30           Trm Sel  23-27#    43.47
BELLIES  Skn-on 10-12#   182.13    BELLIES  Skn-on 10-12#   178.23
BOXED    Skn-on 12-14#   170.36    BOXED    Skn-on 12-14#   163.17

BEEF

Des Moines, IA        Fri, Jul 10, 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 07/10       BEEF CUTOUTS -  CLOSE 07/10
CH 600-900# $204.76  +1.17        CH 600-900# $204.50  +0.91
SE 600-900# $193.92  -0.91        SE 600-900# $194.29  -0.54
LOADS     22.08 - Choice Cuts     LOADS     45.23 - Choice Cuts
          16.23 - Select Cuts               23.07 - Select Cuts
           5.58 - Trimmings                  7.57 - Trimmings
          11.82 - Coarse Grinds             17.2510 Coarse Grinds

POULTRY

07/10 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $105 to $113 cents FOB
16-24 lb toms $105 to $113 cents FOB

07/09 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 07/04      Week Ago     Yr Ago
                                     147,821      164,757    152,427

07/10 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 07/10    Week Ago      Yr Ago
                                              $ 75.34     $ 74.97     $ 92.81
National Composite Wtd Avg for the Month of: June - $ 73.60

07/08 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/04 - 231 million, off 1% from a year ago
Chick placement for the week ending 07/04 - 191 million,  up 1% from a year ago

07/10 - Daily New York Eggs 
Prices are 1 cent lower for Medium and larger sizes. The undertone is steady to
weak. Supplies are moderate to at time heavy. Offerings are mostly moderate.
Retail demand is moderate to occasionally fairly good. Market activity is slow
to moderate.

Extra Large     94-98
Large           92-96
Medium          64-68

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