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St Joseph, MO         Fri, May 26, 2017      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES      HOGS       SHEEP
Friday 05/26/2017     (est)      114,000     2,000     424,000     5,000
Week ago (est)                   110,000     2,000     419,000     5,000
Year ago (act)                   112,000     2,000     417,000     7,000
Week to date (est)               575,000     9,000   2,186,000    32,000
Same Period Last Week (est)      561,000     9,000   2,169,000    33,000
Same Period Last Year (act)      558,000     9,000   2,143,000    40,000

Saturday 05/27/2017   (est)       38,000         0       6,000         0
Week ago (est)                    41,000         0      80,000     1,000
Year ago (act)                    28,000         0      42,000         0
Week to date (est)               613,000     9,000   2,192,000    32,000
Same Period Last Week (est)      602,000     9,000   2,249,000    34,000
Same Period Last Year*(act)      586,000     8,000   2,184,000    40,000
2017 Year to Date             12,462,000   203,000  48,231,000   772,000
2016 *Year to Date            11,796,000   179,000  47,024,000   818,000
Percent change                      5.6%     13.5%        2.6%     -5.6%
2017 *Totals subject to revision
2016 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated              Steer and Heifer     Cow and Bull
                      Thursday           93,000             22,000

INDEX
                     05/25  05/24  05/23  05/22  05/19  05/18  05/17  05/16
CATFAX FED 6 STATE  132.31 133.68 134.27 134.27 134.27 134.02 134.97 137.36
CATFAX FED 3 STATE  132.04 132.93 133.91 133.91 133.91 133.91 134.38 137.81
CME FEEDER          143.89 143.09 143.40 143.27 142.88 143.86 142.05 142.12
CME LEAN HOG        *76.34  76.25  76.07  75.94  75.89  75.55  74.92  74.14
3 Area LEAN HOG      73.10  73.28  73.04  72.83  72.86  72.79  72.03  71.54

*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        Fri, May 26, 2017      USDA Market News

05/26 AM CARCASS CUTOUT - $ 90.79   CHANGE  +0.49  TOTAL LD COUNT  115.14

05/26 PM CARCASS CUTOUT - $ 90.28   CHANGE  -0.02  TOTAL LD COUNT  223.19
 
CARLOT PORK - OPEN 05/26           CARLOT PORK - CLOSE 05/26
LOADS - CUTS    93.83  TRIM 21.30  LOADS - CUTS   194.88  TRIM 28.31
LOINS 1/4" Trim VAC      114.25    LOINS 1/4" Trim VAC      111.85
LOINS BNLS CC Strap On   141.42    LOINS BNLS CC Strap On   134.96
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    70.00
       Trm Sel  20-23#    71.55           Trm Sel  20-23#    70.10
       Trm Sel  23-27#    66.19           Trm Sel  23-27#    66.10
BELLIES  Skn-on 10-12#   183.40    BELLIES  Skn-on 10-12#   190.15
BOXED    Skn-on 12-14#   170.05    BOXED    Skn-on 12-14#   163.67

BEEF

Des Moines, IA        Fri, May 26, 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 weak on light to moderate demand and offerings. Select 
and Choice rib and loin cuts steady while chuck and round cuts weak. Beef
trimmings unevenly steady on light demand and offerings.

BEEF CUTOUTS -  OPEN 05/26        BEEF CUTOUTS - CLOSE 05/26
CH 600-900# $245.44  -0.67        CH 600-900# $245.60  -0.51
SE 600-900# $218.28  -0.70        SE 600-900# $218.45  -0.53
LOADS    31.04 - Choice Cuts      LOADS    46.61 - Choice Cuts
         21.41 - Select Cuts               38.74 - Select Cuts
          2.64 - Trimmings                  2.64 - Trimmings
          9.96 - Coarse Grinds             15.28 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 05/26    Week Ago    Yr Ago
                                              $113.84    $108.46    $ 98.27
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: April - $ 96.91

05/24 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 05/20 - 225 million, up 2% from a year ago 
Chick placement for the week ending 05/20 - 181 million, up 2% from a year ago

05/26 - Daily New York Eggs
Prices are steady on both heavy and lighter weight eggs. The undertone is
mostly steady. Supplies and offerings are light to moderate. Demand is
moderate to occasionally fairly good. Market activity is moderate.

Extra Large     77-81
Large           75-79
Medium          63-67

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