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Monday, October 14, 2019  
 
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St Joseph, MO         Mon, Oct 14, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 10/14/2019    (est)     117,000    2,000     491,000     7,000
Week ago (est)                 116,000    2,000     484,000     9,000
Year ago (act)                 115,000    2,000     461,000     8,000
Previous Day Estimated            Steer & Heifer       Cow & Bull
                      Friday          94,000             23,000
                      Saturday        50,000             11,000

**Revised Saturday Hog Slaughter..255,000  New Week to Date..2,695,000**

INDEX
                      10/11  10/10  10/09  10/08  10/07  10/04  10/03
CATFAX FED 6 STATE   109.31 107.60 107.39 107.33 107.32 107.32 105.10
CATFAX FED 3 STATE   108.81 107.00 106.69 106.60 106.60 106.60 104.34
CME FEEDER           144.27 143.63+144.65 144.45+144.41 144.43 143.59
CME LEAN HOG         *62.11  61.18  60.65  60.12  59.59  59.22  59.23
3 Area LEAN HOG       60.80  58.86  58.66  57.86  57.48  57.01  56.49
**NA = Not Available Due to Packer Submission Issues.
+ Before the CME Feeder price indicates a revision by the CME.

*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, Oct 14, 2019      USDA Market News

10/14 AM CARCASS CUTOUT - $ 78.43   CHANGE  +0.91  TOTAL LD COUNT  119.97

10/14 PM CARCASS CUTOUT - $ 77.94   CHANGE  +0.42  TOTAL LD COUNT  262.43

CARLOT PORK -  OPEN 10/14          CARLOT PORK -  CLOSE 10/14
LOADS - CUTS  103.81 TRIM  16.17   LOADS - CUTS  224.55  TRIM 37.88
LOINS 1/4" Trim VAC       93.59    LOINS 1/4" Trim VAC       92.26
LOINS BNLS CC Strap On   119.80    LOINS BNLS CC Strap On   120.13
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    60.55
       Trm Sel  23-27#    56.48           Trm Sel  23-27#    62.08
BELLIES  Skn-on 10-12#   190.45    BELLIES  Skn-on 10-12#   212.30
BOXED    Skn-on 12-14#   169.78    BOXED    Skn-on 12-14#   172.89

BEEF

Des Moines, IA        Mon, Oct 14, 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 firm on moderate to good demand and offerings. Select 
and Choice rib, chuck, round, and loin cuts steady to firm. Beef trimmings 
mostly slightly lower on light demand and offerings. 

BEEF CUTOUTS -  OPEN 10/14        BEEF CUTOUTS - CLOSE 10/14
CH 600-900# $215.69  +0.03        CH 600-900# $217.22  +1.56
SE 600-900# $188.73  +0.05        SE 600-900# $189.33  +0.65 
LOADS     19.06 - Choice Cuts     LOADS     46.75 - Choice Cuts
           8.96 - Select Cuts               14.40 - Select Cuts
           5.04 - Trimmings                  6.94 - Trimmings
           7.28 - Coarse Grinds             14.07 - Coarse Grinds

POULTRY

10/11 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $92 to $100 cents FOB
16-24 lb toms $92 to $100 cents FOB                             

10/10 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 10/05      Week Ago     Yr Ago
                                     175,426      175,151    167,488

10/11 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 10/11    Week Ago      Yr Ago
                                              $ 78.71     $ 79.61     $ 83.32
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  September - $ 76.92

10/09 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 10/05 - 219 million, up 1% from a year ago
Chick placement for the week ending 10/05 - 179 million, up 5% from a year ago

10/11 - Daily New York Eggs
Prices are steady. The undertone is steady to full steady. Supplies are mixed,
usually adequate to instances ample for needs. Offerings are light to moderate.
Demand is light to moderate. Market activity is moderate.

Extra Large     74-78
Large           72-76
Medium          62-66

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