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St Joseph, MO         Wed, May 22, 2024      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Wednesday                    122,000     1,000     484,000     6,000
Week ago                     124,000     1,000     480,000     6,000
Year ago (act)               122,000     1,000     470,000     6,000
Week to Date                 364,000     3,000   1,432,000    22,000
Same Period Last Week        363,000     3,000   1,421,000    23,000
Same Period Last Year*       375,000     3,000   1,418,000    22,000
2024 Year to Date         12,355,263    90,946  51,026,286   755,934
2023*Year to Date         12,936,732   120,884  50,786,616   742,237
Percent Change                 -4.5%    -24.8%       +0.5%     +1.9%
        *** REVISION ** HOGS ** TUE 471(948) ** HOGS ** REVISION ***
Previous Day Breakdown           Steers/Heifers     Cows/Bulls
                     Tuesday        100,000           22,000
    2024 *Totals subject to revision / 2023 *Totals adjusted to reflect 
          NASS Revisions / Yearly totals may not add due to rounding.

INDEXES
                        05/21  05/20  05/17  05/16  05/15  05/14  05/13
CATFAX FED 6 STATE     188.10 188.10 188.10 185.52 185.52 185.52 185.52
CATFAX FED 3 STATE     185.99 185.99 185.99 184.08 184.08 184.08 184.08
CME FEEDER                    247.75 246.87 243.04 242.33 241.79 241.75
CME LEAN HOG           *91.82  92.01  92.22  92.29  92.13  91.76  91.29
3 Area LEAN HOG         89.67  89.87  90.30  90.10  90.09  89.56  *NA*
NA = Not Available; **NA = Not Available Due to Packer Submission Issues;
*NA* = Not Available Due to Confidentiality; + 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, May 22, 2024      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
05/22 MORNING     $100.100     -0.59      153.30
05/21 AFTERNOON   $100.69      -1.08      297.71 

CARLOT PORK                 OPEN         CLOSE
 DATE                      05/22         05/21
 LOADS - CUTS             125.75        260.59
 LOADS - TRIM              27.56         37.12
 LOINS 1/4" Trim VAC      127.77        136.34
 LOINS BNLS CC Strap On   148.13        156.98
 HAMS - Trm Sel  17-20#  No Test       No Test
        Trm Sel  20-23#    85.23         83.73
        Trm Sel  23-27#    87.66         83.17
 BELLIES  Skn-on 10-12#   261.14        261.37
 BOXED    Skn-on 12-14#  No Test        257.95

BEEF

Des Moines, IA        Wed, May 22, 2024      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

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.
                    MORNING            AFTERNOON
BEEF CUTOUTS    OPEN      CHNG      CLOSE     CHNG
                     05/22               05/21
 CH 600-900#    $312.09  -0.93      $313.02  +0.32
 SE 600-900#    $300.09  -0.78      $300.87  +1.52
    LOADS   
     Choice cuts     58.43               60.93
     Select cuts     10.08               16.43
     Trimmings        4.91                8.64
     Coarse Grinds   10.38               13.76
     CH/SEL SPREAD  $12.00              $12.15

POULTRY

05/21 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $ 88 to $110 cents FOB
16-24 lb toms $ 88 to $110 cents FOB

05/16 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/11      Week Ago    Yr Ago
                                     164,066      166,246   166,554

05/17 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 05/17/24
      Wtd Avg    Chg         Range         Wk Ago Avg
      $132.03   -0.11   $ 90.00-$150.00     $132.14

05/15 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 05/11 - 245 million, up 1% from a year ago
Chick placement for the week ending 05/11 - 190 million, up 2% from a year ago

05/22 - New York Eggs
Prices are up 10 cents for Extra Large and Large and 4 cents higher for Medium.
The undertone is firm. Demand is moderate to fairly good. Offerings are light.
Supplies are light to moderate. Market activity is moderate. 

Extra Large   192-196
Large         190-194
Medium        165-169
    ** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, USDA GRADE A AND 
GRADE A, WHITE EGGS IN CARTONS, DELIVERED STORE DOOR, CENTS PER DOZEN.**

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