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St Joseph, MO         Mon, Mar 08, 2021      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 03/08/2021              121,000    2,000     494,000     9,000
Week ago                       120,000    2,000     493,000     9,000
Year ago (act)                 123,000    1,000     490,000     8,000
Previous Day                      Steer & Heifer        Cow & Bull
                      Friday          83,000              26,000
                      Saturday        53,000              18,000

INDEXES
                       03/05  03/04  03/03  03/02  03/01  02/26  02/25
CATFAX FED 6 STATE    113.77 113.90 113.97 114.03 114.04 114.04 114.01
CATFAX FED 3 STATE    114.00 114.00 114.01 114.02 114.03 114.03 114.03
CME FEEDER            133.92 134.85 136.07 137.17 137.54 138.35 138.91
CME LEAN HOG          *85.32  84.57  84.06  83.27  82.63  81.90  80.70
3 Area LEAN HOG        83.46  82.55  82.38  81.52  81.20  80.02  78.59
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        Mon, Mar 08, 2021      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

03/08 AM CARCASS CUTOUT - $103.12   CHANGE  +7.98  TOTAL LD COUNT   85.66

03/08 PM CARCASS CUTOUT - $ 94.93   CHANGE  -0.21  TOTAL LD COUNT  265.29

CARLOT PORK -  OPEN  03/08         CARLOT PORK -  CLOSE 03/08
LOADS - CUTS   78.81 TRIM   6.85   LOADS - CUTS  245.79 TRIM  19.50
LOINS 1/4" Trim VAC      101.88    LOINS 1/4" Trim VAC       99.52
LOINS BNLS CC Strap On   115.72    LOINS BNLS CC Strap On   114.35
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    72.53
       Trm Sel  23-27#  No Test           Trm Sel  23-27#    71.55
BELLIES  Skn-on 10-12#   245.06    BELLIES  Skn-on 10-12#   255.72
BOXED    Skn-on 12-14#   203.32    BOXED    Skn-on 12-14#   206.05

BEEF

Des Moines, IA        Mon, Mar 08, 2021      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  03/08       BEEF CUTOUTS -  CLOSE 03/08
CH 600-900# $231.13  -0.20        CH 600-900# $231.08  -0.25
SE 600-900# $223.33  +2.48        SE 600-900# $223.13  +2.28
LOADS     16.86 - Choice Cuts     LOADS     36.72 - Choice Cuts
           4.48 - Select Cuts               12.45 - Select Cuts
           9.33 - Trimmings                 13.08 - Trimmings
           6.84 - Coarse Grinds              7.55 - Coarse Grinds

POULTRY

03/08- Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $108 to $115 cents FOB
16-24 lb toms $108 to $115 cents FOB

03/04- Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/27      Week Ago     Yr Ago
                                      177,430      95,927    170,749

03/05 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 03/05    Week Ago      Yr Ago
                                              $ 83.37    $ 83.05      $ 76.58
National Composite Wtd Avg for the Month of:  February - $ 82.97

03/03 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 02/27 - 236 million, off 2% from a year ago
Chick placement for the week ending 02/27 - 185 million, off 3% from a year ago

03/08 - New York Eggs
Prices increase 3 cents for Medium and larger sizes. The undertone is higher.
Supplies are mixed but mostly moderate. Offerings are light. Retail demand is
moderate to fairly good. Food service demand is light. Market activity is 
moderate.

Extra Large    146-150
Large          144-148
Medium         116-120

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