St Joseph, MO         Tue, Jul 14, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS      SHEEP
Tuesday 07/14/2020    (est)    119,000    2,000     475,000     8,000
Week ago (est)                 119,000    2,000     469,000     6,000
Year ago (act)                 122,000    3,000     473,000     9,000
Week to date (est)             234,000    4,000     923,000    15,000
Same Period Last Week (est)    234,000    4,000     921,000    15,000
Same Period Last Year (act)    242,000    5,000     884,000    17,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           93,000            22,000

**Revised Monday Cattle Slaugther..115,000**
**Revised Monday Hog Slaughter..448,000**

INDEX
                      07/14  07/13  07/10  07/09  07/08  07/07  07/06
CATFAX FED 6 STATE           95.68  95.68  95.49  95.43  95.15  94.93
CATFAX FED 3 STATE           94.86  94.85  94.70  94.71  94.62  94.47
CME FEEDER                  135.62 135.17 134.92 133.69 130.15 130.13
CME LEAN HOG         *47.10  46.05  45.62  45.33  45.18  45.35  45.90
3 Area LEAN HOG       44.83  43.44  43.51  43.05  42.72  42.71  43.04
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        Wed, Jul 15, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

07/15 AM CARCASS CUTOUT - $ 72.00   CHANGE  +5.76  TOTAL LD COUNT  188.86

07/14 PM CARCASS CUTOUT - $ 66.24   CHANGE  -1.28  TOTAL LD COUNT  466.72

CARLOT PORK -  OPEN 07/15          CARLOT PORK -  CLOSE 07/14
LOADS - CUTS  172.50 TRIM  16.36   LOADS - CUTS  434.10 TRIM  32.63
LOINS 1/4" Trim VAC       76.62    LOINS 1/4" Trim VAC       75.69
LOINS BNLS CC Strap On   107.86    LOINS BNLS CC Strap On   108.77
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    49.40
       Trm Sel  23-27#    49.77           Trm Sel  23-27#    48.33
BELLIES  Skn-on 10-12#   173.75    BELLIES  Skn-on 10-12#   197.56
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   170.28

BEEF

Des Moines, IA        Tue, Jul 14, 2020      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Morning - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am
        ***** Delayed due to technical difficulties*****
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 07/14       BEEF CUTOUTS -  CLOSE 07/14
CH 600-900# $200.79  -2.47        CH 600-900# $200.92  -2.34
SE 600-900# $191.78  -0.10        SE 600-900# $190.85  -1.03
LOADS     42.82 - Choice Cuts     LOADS     69.36 - Choice Cuts
          15.17 - Select Cuts               35.10 - Select Cuts
           8.14 - Trimmings                 14.62 - Trimmings
          25.10 - Coarse Grinds             28.32 - Coarse Grinds

POULTRY

07/14 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $105 to $113 cents FOB
16-24 lb toms $105 to $113 cents FOB

07/09 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 07/04      Week Ago     Yr Ago
                                     147,821      164,757    152,427

07/10 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 07/10    Week Ago      Yr Ago
                                              $ 75.34     $ 74.97     $ 92.81
National Composite Wtd Avg for the Month of: June - $ 73.60

07/08 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/04 - 231 million, off 1% from a year ago
Chick placement for the week ending 07/04 - 191 million,  up 1% from a year ago

07/15 - Daily New York Eggs 
Prices are 2 cents lower for Extra Large and Large, 1 cent lower for Medium.
The undertone is barely steady to weak. Supplies range light to heavy, mostly
moderate. The New York shell egg inventory is 1% lower when compared to last
week. Offerings are usually moderate. Demand is light to moderate. Market
activity is slow to moderate.

Extra Large     90-94
Large           88-92
Medium          63-67