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St Joseph, MO         Mon, Jun 24, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 06/24/2019     (est)    121,000    2,000     448,000     8,000
Week ago (est)                 120,000    2,000     467,000     9,000
Year ago (act)                 116,000    2,000     434,000     8,000
Previous Day Estimated            Steer & Heifer        Cow & Bull
                      Friday          95,000              23,000
                      Saturday        50,000              12,000

INDEX
                      06/21  06/20  06/19  06/18  06/17  06/14  06/13
CATFAX FED 6 STATE   110.77 110.50 112.13 112.24 112.24 112.24 112.70
CATFAX FED 3 STATE   109.92 109.95 111.28 111.42 111.42 111.42 111.41
CME FEEDER           131.47 131.37 132.99 133.05 133.21 133.55 134.25
CME LEAN HOG         *78.65  79.14  79.55  79.49  79.26  79.27  79.46
3 Area LEAN HOG       75.95  76.47  76.86  77.27  77.02  76.68  76.88
**NA = Not Available Due to Packer Submission Issues.

*DTN 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        Mon, Jun 24, 2019      USDA Market News

06/24 AM CARCASS CUTOUT - $ 77.46   CHANGE  +0.73  TOTAL LD COUNT  123.65

06/24 PM CARCASS CUTOUT - $ 77.33   CHANGE  +0.60  TOTAL LD COUNT  282.00

CARLOT PORK -  OPEN 06/24          CARLOT PORK -  CLOSE 06/24
LOADS - CUTS  109.67 TRIM  13.98   LOADS - CUTS  242.93  TRIM 39.06
LOINS 1/4" Trim VAC       94.44    LOINS 1/4" Trim VAC       98.73
LOINS BNLS CC Strap On   110.12    LOINS BNLS CC Strap On   114.77
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    68.51
       Trm Sel  20-23#    65.08           Trm Sel  20-23#    64.48
       Trm Sel  23-27#    65.46           Trm Sel  23-27#    65.04
BELLIES  Skn-on 10-12#   190.79    BELLIES  Skn-on 10-12#   202.40
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   163.77

BEEF

Des Moines, IA       Mon, Jun 24, 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 steady on Choice and firm on Select on light to 
moderate demand and offerings. Select and Choice rib, loin, and round cuts 
steady while chuck cuts firm. Beef trimmings generally steady on moderate 
demand and offerings. 

BEEF CUTOUTS -  OPEN 06/24        BEEF CUTOUTS - CLOSE 06/24  
CH 600-900# $220.09  +0.27        CH 600-900# $219.74  -0.08
SE 600-900# $200.34  +0.79        SE 600-900# $199.81  +0.26  
LOADS     32.61 - Choice Cuts     LOADS     66.75 - Choice Cuts
          10.04 - Select Cuts               22.13 - Select Cuts
           0.00 - Trimmings                 17.18 - Trimmings
           7.24 - Coarse Grinds             14.15 - Coarse Grinds

POULTRY

06/20 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 06/15      Week Ago     Yr Ago
                                     168,844      168,955    161,146

06/21 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 06/21    Week Ago      Yr Ago
                                              $ 93.96     $ 94.63     $118.19
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  May - $100.89

06/19 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 06/15 - 229 million, down slightly from a
year ago
Chick placement for the week ending 06/15 - 190 million, up 2% from a year ago

06/24 - Daily New York Eggs
Prices begin the week unchanged on all sizes. The undertone is steady. Supplies
are moderate. Offerings are light to moderate. Demand into all channels is
usually moderate.  Market activity is moderate.

Extra Large     82-86
Large           80-84
Medium          52-56

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