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St Joseph, MO         Tue, Sep 29, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 09/29/2020    (est)    120,000    2,000     485,000     7,000
Week ago (est)                 121,000    2,000     485,000     7,000
Year ago (act)                 118,000    3,000     489,000     8,000
Week to date (est)             238,000    4,000     974,000    15,000
Same Period Last Week (est)    241,000    4,000     963,000    15,000
Same Period Last Year (act)    234,000    5,000     974,000    16,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           95,000            23,000

INDEX
                      09/28  09/25  09/24  09/23  09/22  09/21  09/18  09/17
CATFAX FED 6 STATE   105.00 105.00 104.91 103.60 103.37 103.36 103.36 103.15
CATFAX FED 3 STATE   105.00 105.00 104.99 103.55 103.21 103.21 103.21 102.92
CME FEEDER           142.36 142.61 142.23 142.59 142.28 142.45+142.05+142.19
CME LEAN HOG         *75.91  75.42  74.53  73.70  72.89  72.17  71.29  69.58
3 Area LEAN HOG       74.08  73.77  72.47  71.58  70.76  66.21  69.45  67.18
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        Tue, Sep 29, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

09/29 AM CARCASS CUTOUT - $ 93.34   CHANGE  -0.05  TOTAL LD COUNT  240.10

09/28 PM CARCASS CUTOUT - $ 93.39   CHANGE  +2.07  TOTAL LD COUNT  310.79

CARLOT PORK -  OPEN 09/29          CARLOT PORK -  CLOSE 09/28
LOADS - CUTS  218.83 TRIM  21.27   LOADS - CUTS  280.61 TRIM  30.18
LOINS 1/4" Trim VAC       97.15    LOINS 1/4" Trim VAC       95.47
LOINS BNLS CC Strap On   124.07    LOINS BNLS CC Strap On   125.87
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    76.01           Trm Sel  20-23#    74.10
       Trm Sel  23-27#    70.53           Trm Sel  23-27#    71.55
BELLIES  Skn-on 10-12#   249.68    BELLIES  Skn-on 10-12#   241.39
BOXED    Skn-on 12-14#   176.74    BOXED    Skn-on 12-14#   193.30

BEEF

Des Moines, IA        Tue, Sep 29, 2020      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 09/29        BEEF CUTOUTS -  CLOSE 09/28
CH 600-900# $217.78  +0.06        CH 600-900# $217.72  -1.62
SE 600-900# $208.12  +1.70        SE 600-900# $206.42  -0.56
LOADS     36.95 - Choice Cuts     LOADS     85.38 - Choice Cuts
          17.27 - Select Cuts               17.40 - Select Cuts
           5.92 - Trimmings                 10.58 - Trimmings
          12.34 - Coarse Grinds             34.32 - Coarse Grinds

POULTRY

09/28 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $111 to $117 cents FOB
16-24 lb toms $111 to $117 cents FOB

09/24 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 09/19      Week Ago     Yr Ago
                                     170,275      149,110    174,993

09/25 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 09/25    Week Ago      Yr Ago
                                              $ 63.27    $ 63.48      $ 78.48
National Composite Wtd Avg for the Month of:  August  -  $ 66.08

09/23 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 09/19 - 223 million, off 2% from a year ago
Chick placement for the week ending 09/19 - 186 million, off 1% from a year ago

09/29 - Daily New York Eggs 
Prices are 3 cents higher on all sizes. The undertone is firm. Supplies are 
mostly moderate. The New York shell egg inventory is 2% higher than the 
previous week. Offerings are light. Retail demand is moderate to fairly good. 
Market activity is moderate. 

Extra Large    106-110
Large          104-108
Medium          80-84

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