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Thursday, December 3, 2020  
 
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St Joseph, MO         Thu, Dec 03, 2020      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Thursday 12/03/2020            120,000    1,000     492,000     7,000
Week ago                         1,000        0       2,000         0
Year ago (act)                 122,000    2,000     497,000     8,000
Week to date                   481,000    7,000   1,967,000    28,000
Same Period Last Week          361,000    6,000   1,490,000    22,000
Same Period Last Year (act)    480,000    9,000   1,986,000    32,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Wednesday        94,000            26,000

**Revised Wednesday Hog Slaughter..490,000  New Week to Date..1,475,000**

INDEX
                      12/02  12/01  11/30  11/27  11/26  11/25  11/24
CATFAX FED 6 STATE    98.22 110.71 110.73 110.73   NA   110.61 109.50
CATFAX FED 3 STATE    89.01 110.98 110.98 110.98   NA   110.99 109.32
CME FEEDER           139.44 139.87 140.30+138.89 137.55 136.90 137.43
CME LEAN HOG         *66.55  66.71  66.67  66.81   NA    67.15  67.38
3 Area LEAN HOG       64.90  65.05  65.59  65.50   NA    65.68  65.88
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        Thu, Dec 03, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/03 AM CARCASS CUTOUT - $ 80.42   CHANGE  +0.56  TOTAL LD COUNT  233.18

12/03 PM CARCASS CUTOUT - $ 76.45   CHANGE  -3.41  TOTAL LD COUNT  385.91

CARLOT PORK -  OPEN  12/03         CARLOT PORK -  CLOSE 12/03
LOADS - CUTS  205.66 TRIM  27.53   LOADS - CUTS  343.02 TRIM  42.90
LOINS 1/4" Trim VAC       77.45    LOINS 1/4" Trim VAC       76.91
LOINS BNLS CC Strap On   107.59    LOINS BNLS CC Strap On   120.88
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    69.99           Trm Sel  20-23#    70.04
       Trm Sel  23-27#    68.95           Trm Sel  23-27#    70.30
BELLIES  Skn-on 10-12#   170.70    BELLIES  Skn-on 10-12#   172.58
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Thu, Dec 03, 2020      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  12/03        BEEF CUTOUTS - CLOSE 12/03
CH 600-900# $239.52  -1.37        CH 600-900# $239.19  -1.70
SE 600-900# $221.67  -1.28        SE 600-900# $219.93  -3.02
LOADS     60.92 - Choice Cuts     LOADS    131.33 - Choice Cuts
           9.35 - Select Cuts               14.93 - Select Cuts
          15.69 - Trimmings                 20.07 - Trimmings
          12.85 - Coarse Grinds             22.42 - Coarse Grinds

POULTRY

12/03 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $103 to $118 cents FOB
16-24 lb toms $101 to $118 cents FOB

12/03 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/28      Week Ago     Yr Ago
                                     133,741      163,084    129,887

11/27 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 11/27    Week Ago      Yr Ago
                                              $ 83.83    $ 80.05      $ 79.50
National Composite Wtd Avg for the Month of:  November  - $76.80

12/02 - Weekly Egg Sets & Chicks Placed - Delayed due to Veterans Day holiday
Weekly Egg Sets for the week ending 11/28 - 233 million, off 2% from a year ago
Chick placement for the week ending 11/28 - 181 million, off 2% from a year ago

12/03 New York Eggs
Prices continue lower, dropping 3 cents on all sizes. The undertone is weak.
Supplies and offerings are moderate to heavy. Retail demand is mostly moderate.
Food service demand is very light. Market activity is slow to moderate. 

Extra Large     97-101
Large           95-99
Medium          83-87

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