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Monday, April 23, 2018  
 
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St Joseph, MO         Mon, Apr 23, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 04/23/2018     (est)    117,000    2,000     464,000     7,000
Week ago (est)                 116,000    2,000     464,000     7,000
Year ago (act)                 115,000    2,000     443,000     7,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Friday           91,000            23,000
                      Saturday         32,000             8,000

INDEX
                     04/20  04/19  04/18  04/17  04/16  04/13  04/12  04/11
CATFAX FED 6 STATE  121.79 121.00 119.53 119.43 119.40 119.40 118.50 117.31
CATFAX FED 3 STATE  121.35 121.11 118.37 118.20 118.17 118.17 117.68 117.24
CME FEEDER          138.13 136.56 137.12 137.90 137.75 137.59 136.42 135.76
CME LEAN HOG        *57.88  56.80  55.97  55.05  54.02  53.53  53.23  52.97
3 Area LEAN HOG      55.77  54.27  53.30  52.57  51.74  50.73  50.13  50.27

*DTN projected Lean Hog Index, 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, Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, Oklahoma

PORK

Des Moines, IA        Mon, Apr 23, 2018      USDA Market News

04/23 AM CARCASS CUTOUT - $ 67.85   CHANGE  -0.06  TOTAL LD COUNT  115.48

04/20 PM CARCASS CUTOUT - $ 67.91   CHANGE  -0.51  TOTAL LD COUNT  318.08
 
CARLOT PORK - OPEN 04/23          CARLOT PORK - CLOSE 04/20
LOADS - CUTS  108.36  TRIM  7.13   LOADS - CUTS  293.46  TRIM 24.61
LOINS 1/4" Trim VAC       88.14    LOINS 1/4" Trim VAC       84.81
LOINS BNLS CC Strap On   108.16    LOINS BNLS CC Strap On   105.96
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    65.65           Trm Sel  20-23#    57.75
       Trm Sel  23-27#    52.35           Trm Sel  23-27#    57.78
BELLIES  Skn-on 10-12#   173.02    BELLIES  Skn-on 10-12#   175.63
BOXED    Skn-on 12-14#   133.89    BOXED    Skn-on 12-14#   180.13

BEEF

Des Moines, IA        Mon, Apr 23, 2018      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

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 04/23       BEEF CUTOUTS - CLOSE 04/20
CH 600-900# $214.69  +2.71        CH 600-900# $211.98  +0.64
SE 600-900# $201.83  +1.70        SE 600-900# $200.13  +1.65
LOADS     28.50 - Choice Cuts       LOADS   62.57 - Choice Cuts
          11.94 - Select Cuts               48.30 - Select Cuts
           0.00 - Trimmings                  9.40 - Trimmings
          10.18 - Coarse Grinds             22.15 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 04/20    Week Ago    Yr Ago
                                              $108.75    $108.34    $ 96.44
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: March - $101.97

04/18 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 04/14 - 229 million, up 3% from a year ago
Chick placement for the week ending 04/14 - 182 million, up 1% from a year ago

04/23 - Daily New York Eggs
Prices are 2 cents higher for Medium, but unchanged for larger sizes. The
undertone is steady to firm. Supplies of all sizes are mostly moderate.
Offerings are available to satisfy current trade needs. Demand into all
channels is light to moderate following the weekend. Market activity is
moderate.

Extra Large    138-142
Large          136-140
Medium         106-110

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