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St Joseph, MO         Fri, Oct 23, 2020       USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS      SHEEP
Friday 10/23/2020              103,000    1,000     486,000     5,000
Week ago                       116,000    1,000     487,000     3,000
Year ago (act)                 109,000    3,000     480,000     6,000
Week to date                   583,000    8,000   2,435,000    38,000
Same Period Last Week          592,000    8,000   2,424,000    35,000
Same Period Last Year (act)    581,000   13,000   2,438,000    39,000

Saturday 10/24/2020             60,000        0     244,000         0
Week ago                        62,000        0     264,000         0
Year ago (act)                  59,000        0     253,000         0
Week to date                   643,000    8,000   2,679,000    38,000
Same Period Last Week          654,000    8,000   2,688,000    35,000
Same Period Last Year*(act)    640,000   12,000   2,690,000    39,000
2020 Year to Date            26,110,00  363,000 105,650,000 1,541,000
2019 *Year to Date           27,147,00  475,000 104,642,000 1,655,000
Percent change                   -3.8%   -23.6%        1.0%     -6.9%
2020 *Totals subject to revision
2019 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day                       Steer and Heifer    Cow and Bull
                      Thursday          95,000            25,000

INDEX
                       10/22  10/21  10/20  10/19  10/16  10/15  10/14
CATFAX FED 6 STATE    105.38 105.65 106.77 107.23 107.84 108.35 108.33
CATFAX FED 3 STATE    106.03 106.05 106.87 107.11 108.06 108.68 108.62
CME FEEDER            134.01 135.53 138.36 138.66 140.26 140.22 140.91
CME LEAN HOG          *78.54  78.60  78.69  78.62  78.27  78.23  78.49
3 Area LEAN HOG        76.40  76.84  76.90  77.20  76.82  76.21  76.32
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, Oct 23, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

10/23 AM CARCASS CUTOUT - $ 98.73   CHANGE  -0.11  TOTAL LD COUNT  187.83

10/23 PM CARCASS CUTOUT - $ 93.25   CHANGE  -5.59  TOTAL LD COUNT  345.34

CARLOT PORK -  OPEN 10/23          CARLOT PORK -  CLOSE 10/23
LOADS - CUTS  174.61 TRIM  13.22   LOADS - CUTS  307.08 TRIM  38.25
LOINS 1/4" Trim VAC       91.02    LOINS 1/4" Trim VAC       89.06
LOINS BNLS CC Strap On   124.63    LOINS BNLS CC Strap On   123.16
HAMS - Trm Sel  17-20#    77.40    HAMS - Trm Sel  17-20#    74.10
       Trm Sel  20-23#    67.90           Trm Sel  20-23#    71.49
       Trm Sel  23-27#    71.83           Trm Sel  23-27#    72.12
BELLIES  Skn-on 10-12#   204.70    BELLIES  Skn-on 10-12#   210.28
BOXED    Skn-on 12-14#   258.01    BOXED    Skn-on 12-14#   260.92

BEEF

Des Moines, IA        Fri, Oct 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 10/23        BEEF CUTOUTS -  CLOSE 10/23
CH 600-900# $208.97  +0.11        CH 600-900# $207.49  -1.37
SE 600-900# $192.10  +1.02        SE 600-900# $191.40  +0.32
LOADS     34.22 - Choice Cuts     LOADS     83.72 - Choice Cuts
           6.94 - Select Cuts               11.49 - Select Cuts
          23.73 - Trimmings                 34.68 - Trimmings
          10.07 - Coarse Grinds             17.92 - Coarse Grinds

POULTRY

10/23 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $114 to $120 cents FOB
16-24 lb toms $114 to $119 cents FOB

10/22 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 10/17      Week Ago     Yr Ago
                                     168,430      168,297    174,327

10/23 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 10/23    Week Ago      Yr Ago
                                              $ 68.75    $ 67.87      $ 78.31
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

10/23 - Daily New York Eggs 
Prices are unchanged. The undertone is steady to weak. Supplies are moderate to
heavy. Current offerings are light to moderate. Retail demand is moderate to 
fairly good. Market activity is moderate to slow.

Extra Large    117-121
Large          115-119
Medium         104-108

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