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St Joseph, MO Wed, May 15, 2024 USDA Market News
Daily Livestock Slaughter Under Federal Inspection
CATTLE CALVES HOGS SHEEP
Wednesday 124,000 1,000 480,000 6,000
Week ago 123,000 1,000 477,000 7,000
Year ago (act) 126,000 1,000 466,000 7,000
Week to Date 363,000 3,000 1,421,000 23,000
Same Period Last Week 367,000 3,000 1,436,000 23,000
Same Period Last Year* 378,000 3,000 1,402,000 23,000
2024 Year to Date 11,756,736 87,251 48,615,470 716,460
2023*Year to Date 12,299,330 115,473 48,363,681 709,308
Percent Change -4.4% -24.4% +0.5% +1.0%
Previous Day Breakdown Steers/Heifers Cows/Bulls
Tuesday 98,000 25,000
2024 *Totals subject to revision / 2023 *Totals adjusted to reflect
NASS Revisions / Yearly totals may not add due to rounding.
INDEXES
05/14 05/13 05/10 05/09 05/08 05/07 05/06
CATFAX FED 6 STATE 185.52 185.52 185.45 185.22 184.00 184.00 185.92
CATFAX FED 3 STATE 184.08 184.08 184.07 184.01 184.00 184.00 184.00
CME FEEDER 241.79 241.75 241.36 240.61 240.38 239.45 239.53
CME LEAN HOG *91.76 91.29 91.22 91.32 91.28 91.28 91.03
3 Area LEAN HOG 89.56 *NA* 88.86 89.21 89.03 89.07 88.75
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 15, 2024 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS CUTOUT CHANGE TOTAL LDS
05/15 MORNING $102.32 +0.81 166.80
05/15 AFTERNOON $101.70 +0.19 262.28
CARLOT PORK OPEN CLOSE
DATE 05/15 05/15
LOADS - CUTS 140.21 226.56
LOADS - TRIM 26.59 35.72
LOINS 1/4" Trim VAC 131.46 131.17
LOINS BNLS CC Strap On 172.58 164.67
HAMS - Trm Sel 17-20# No Test 89.51
Trm Sel 20-23# 87.40 88.50
Trm Sel 23-27# 87.63 87.24
BELLIES Skn-on 10-12# 257.55 257.65
BOXED Skn-on 12-14# NO Test No Test
BEEF
Des Moines, IA Wed, May 15, 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
05/15 05/15
CH 600-900# $307.37 +2.98 $306.77 +2.38
SE 600-900# $294.67 +0.85 $294.31 +0.49
LOADS
Choice cuts 41.98 72.98
Select cuts 7.97 14.95
Trimmings 0.00 0.00
Coarse Grinds 10.26 20.73
CH/SEL SPREAD $12.70 $12.46
POULTRY
05/15 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
8-16 lb hens $ 92 to $111 cents FOB
16-24 lb toms $ 92 to $111 cents FOB
05/09 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/04 Week Ago Yr Ago
166,246 163,751 166,543
05/10 - Weekly National Chicken Report
National Composite Whole Bird for the Week Ending: 05/0332024
Wtd Avg Chg Range Wk Ago Avg
$132.53 +0.52 $103.00-$155.00 $132.01
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
05/15 - New York Eggs
Prices are up 1 cent for larger sizes and unchanged for Medium. The undertone
is steady. Demand is light to moderate. Offerings are light to moderate.
Supplies are moderate. Market activity is moderate.
Extra Large 160-164
Large 158-162
Medium 153-157
** 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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