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St Joseph, MO         Mon, Aug 10, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 08/10/2020     (est)    117,000    2,000     482,000     8,000
Week ago (est)                 113,000    2,000     420,000     7,000
Year ago (act)                 115,000    2,000     456,000    12,000
Previous Day Estimated            Steer & Heifer        Cow & Bull
                      Friday          87,000              22,000
                      Saturday        56,000               4,000

INDEX
                      08/10  08/07  08/06  08/05  08/04  08/03  07/31
CATFAX FED 6 STATE   101.16 101.15 100.80  99.98  98.53  98.20  98.19
CATFAX FED 3 STATE    99.87  99.87  99.81  99.58  96.89  96.89  96.89
CME FEEDER                  142.61 141.92 140.79 140.60 140.50 139.80
CME LEAN HOG         *53.79  53.02  52.44  52.78  52.92  52.81  53.11
3 Area LEAN HOG       51.41  50.85  49.66  50.06  50.56  50.49  51.21
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, Aug 11, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

08/11 AM CARCASS CUTOUT - $ 75.09   CHANGE  +5.02  TOTAL LD COUNT  222.12

08/10 PM CARCASS CUTOUT - $ 70.07   CHANGE  -1.86  TOTAL LD COUNT  385.81

CARLOT PORK -  OPEN 08/11          CARLOT PORK -  CLOSE 08/10
LOADS - CUTS  200.69 TRIM  21.44   LOADS - CUTS  356.63 TRIM  29.19
LOINS 1/4" Trim VAC       81.05    LOINS 1/4" Trim VAC       82.40
LOINS BNLS CC Strap On   116.70    LOINS BNLS CC Strap On   117.48
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    40.93
       Trm Sel  23-27#    48.55           Trm Sel  23-27#    40.65
BELLIES  Skn-on 10-12#   227.82    BELLIES  Skn-on 10-12#   201.26
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   167.84

BEEF

Des Moines, IA        Tue, Aug 11, 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 08/11        BEEF CUTOUTS -  CLOSE 08/10
CH 600-900# $208.35  +1.15        CH 600-900# $207.20  +1.73
SE 600-900# $196.67  +2.74        SE 600-900# $193.93  +1.18
LOADS     51.83 - Choice Cuts     LOADS     64.05 - Choice Cuts
          13.03 - Select Cuts               19.63 - Select Cuts
           9.14 - Trimmings                  8.90 - Trimmings
          23.48 - Coarse Grinds             15.23 - Coarse Grinds

POULTRY

08/10 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $108 to $115 cents FOB
16-24 lb toms $108 to $114 cents FOB

08/06 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 08/01      Week Ago     Yr Ago
                                     165,886      163,998    172,347

08/07 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 08/07    Week Ago      Yr Ago
                                              $ 67.39    $ 64.89     $ 83.24
National Composite Wtd Avg for the Month of: July - $ 70.41

08/05 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 08/01 - 230 million, off 2% from a year ago
Chick placement for the week ending 08/01 - 187 million, down slightly from a 
year ago.

08/11 - Daily New York Eggs 
Prices are steady. The undertone is steady. Supplies are mostly light to 
moderate. The New York shell egg inventory is down 1 percent when compared to
last Monday. Offerings are moderate. Retail demand is mixed, but mostly
moderate. Market activity is slow to moderate.

Extra Large     76-80
Large           74-78
Medium          52-56

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