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St Joseph, MO         Tue, Jul 25, 2017      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES      HOGS       SHEEP
Tuesday 07/25/2017    (est)      118,000     2,000     444,000     9,000
Week ago (est)                   120,000     2,000     441,000     9,000
Year ago (act)                   115,000     2,000     427,000     8,000
Week to date (est)               230,000     4,000     857,000    17,000
Same Period Last Week (est)      230,000     4,000     858,000    16,000
Same Period Last Year (act)      225,000     4,000     855,000    17,000
Previous Day Estimated              Steer and Heifer     Cow and Bull
                      Monday             91,000             21,000

INDEX
                     07/24  07/21  07/20  07/19  07/18  07/17  07/14  07/13
CATFAX FED 6 STATE  119.61 119.61 118.27 119.72 119.67 119.67 119.67 119.63
CATFAX FED 3 STATE  119.95 119.95 118.16 119.92 119.90 119.90 119.90 119.90
CME FEEDER          151.57 151.88 149.03 147.22 149.16 149.00 148.61 149.74
CME LEAN HOG        *90.44  91.13  91.67  92.00  92.40  92.46  92.50  92.78
3 Area LEAN HOG      87.24  87.58  88.47  88.75  88.99  89.30  89.28  89.47

*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        Tue, Jul 25, 2017      USDA Market News

07/25 AM CARCASS CUTOUT - $103.74   CHANGE  +1.53  TOTAL LD COUNT  259.22

07/25 PM CARCASS CUTOUT - $102.40   CHANGE  +0.19  TOTAL LD COUNT  424.89
 
CARLOT PORK - OPEN 07/25           CARLOT PORK - CLOSE 07/25
LOADS - CUTS  244.55  TRIM 14.67   LOADS - CUTS   393.48  TRIM 31.41
LOINS 1/4" Trim VAC      119.50    LOINS 1/4" Trim VAC      116.77
LOINS BNLS CC Strap On   126.46    LOINS BNLS CC Strap On   126.31
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    78.95
       Trm Sel  23-27#    77.12           Trm Sel  23-27#    75.24
BELLIES  Skn-on 10-12#   263.88    BELLIES  Skn-on 10-12#   265.45
BOXED    Skn-on 12-14#   241.33    BOXED    Skn-on 12-14#   242.18

BEEF

Des Moines, IA        Tue, Jul 25, 2017      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 steady on Choice and higher on Select on light to
moderate demand and offerings. Select and Choice rib, chuck, and round cuts
steady to firm. Choice loin cuts steady while Select higher. Beef trimmings
sharply lower on light demand and moderate offerings.

BEEF CUTOUTS -  OPEN 07/25        BEEF CUTOUTS - CLOSE 07/25
CH 600-900# $207.26  -0.20        CH 600-900# $207.62  +0.16
SE 600-900# $199.33  +1.44        SE 600-900# $198.93  +1.04
LOADS    31.81 - Choice Cuts      LOADS    58.29 - Choice Cuts
          9.10 - Select Cuts               22.63 - Select Cuts
          9.03 - Trimmings                 16.42 - Trimmings
          5.51 - Coarse Grinds             15.17 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 07/21    Week Ago    Yr Ago
                                              $101.96    $106.25    $ 86.00
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  June - $109.02

07/19 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 07/15 - 226 million, up 4% from a year ago 
Chick placement for the week ending 07/15 - 182 million, up 2% from a year ago

07/25 - Daily New York Eggs
Prices are steady. Trade sentiment is mostly steady. Supplies are light to
moderate for needs. The New York shell egg inventory is 26% less than last
week. Offerings are light to moderate. Demand is moderate. Market activity
is moderate.

Extra Large     94-98
Large           92-96
Medium          62-66

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