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St Joseph, MO         Tue, Dec 10, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE     CALVES     HOGS       SHEEP
Tuesday 12/10/2019    (est)    122,000    2,000     494,000     9,000
Week ago (est)                 120,000    2,000     495,000     9,000
Year ago (act)                 121,000    3,000     475,000    10,000
Week to date (est)             243,000    4,000     985,000    16,000
Same Period Last Week (est)    240,000    4,000     992,000    16,000
Same Period Last Year (act)    240,000    5,000     950,000    19,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           96,000            25,000

**Revised Monday Hog Slaughter...491,000**

INDEX
                      12/09  12/06  12/05  12/04  12/03  12/02  11/29
CATFAX FED 6 STATE   118.93 118.93 118.92 118.79 118.69 118.69 118.69
CATFAX FED 3 STATE   119.04 119.04 119.00 118.90 118.38 118.38 118.38
CME FEEDER           143.35+143.33 144.49 144.53 145.19 145.03 144.97
CME LEAN HOG         *NA     58.12  58.49  58.34  58.20  57.38  57.35
3 Area LEAN HOG       NA     56.56  56.51  56.76  57.21  56.36  54.77
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        Tue, Dec 10, 2019      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/10 AM CARCASS CUTOUT - $ 84.73   CHANGE  +2.75  TOTAL LD COUNT  239.36

12/10 PM CARCASS CUTOUT - $ 83.12   CHANGE  +1.14  TOTAL LD COUNT  386.78

CARLOT PORK -  OPEN 12/10          CARLOT PORK -  CLOSE 12/10
LOADS - CUTS  223.37 TRIM  15.99   LOADS - CUTS  351.67  TRIM 35.11
LOINS 1/4" Trim VAC       82.52    LOINS 1/4" Trim VAC       83.07
LOINS BNLS CC Strap On   122.39    LOINS BNLS CC Strap On   120.99
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    90.63
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    91.24
       Trm Sel  23-27#    90.42           Trm Sel  23-27#    91.03
BELLIES  Skn-on 10-12#   197.04    BELLIES  Skn-on 10-12#   199.84
BOXED    Skn-on 12-14#   182.44    BOXED    Skn-on 12-14#   181.38

BEEF

Des Moines, IA        Tue, Dec 10, 2019      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.

Boxed beef cutout values lower to sharply lower on light to moderate demand 
demand and heavy offerings. Select and Choice chuck and loin cuts weak to lower
while rib cuts steady to firm. Select and choice round cuts steady to weak. 
Beef trimmings unevenly steady on light to moderate demand and moderate 
offerings.

BEEF CUTOUTS -  OPEN 12/10        BEEF CUTOUTS - CLOSE 12/10
CH 600-900# $223.14  -0.50        CH 600-900# $221.49  -2.15
SE 600-900# $205.28  -1.21        SE 600-900# $205.35  -1.14 
LOADS     58.36 - Choice Cuts     LOADS    143.90 - Choice Cuts
          13.53 - Select Cuts               27.64 - Select Cuts
           5.55 - Trimmings                 13.07 - Trimmings
           8.15 - Coarse Grinds             23.86 - Coarse Grinds

POULTRY

12/10 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $95 to $103 cents FOB
16-24 lb toms $87 to $103 cents FOB

12/05 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/30      Week Ago     Yr Ago
                                     129,887      164,828    165,509

12/06 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 12/06    Week Ago      Yr Ago
                                              $ 82.59     $ 79.50     $ 86.57
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  November -  $ 78.30

12/10 - Weekly Egg Sets & Chicks Placed 
Prices drop 5 cents lower for Extra Large and Large; 2 cents lower for Medium.
The undertone is lower. Supplies are more than sufficient for needs. The New
York shell egg inventory is 12% higher when compared to last Monday. Offerings
are light to moderate. Demand is moderate to fairly good. Market activity is
mostly moderate.

Extra Large    130-134
Large          128-132
Medium          88-92

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