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St Joseph, MO         Wed, Apr 08, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 04/08/2020  (est)    102,000    2,000     478,000     6,000
Week ago (est)                 116,000    3,000     476,000     5,000
Year ago (act)                 121,000    2,000     480,000     8,000
Week to date (est)             318,000    6,000   1,437,000    18,000
Same Period Last Week (est)    352,000    7,000   1,460,000    19,000
Same Period Last Year (act)    363,000    6,000   1,434,000    27,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday          83,000            23,000

INDEX
                      04/07  04/06  04/03  04/02  04/01  03/31  03/30
CATFAX FED 6 STATE   109.78 111.38 111.38 111.55 113.35 119.59 119.59
CATFAX FED 3 STATE   109.15 111.04 111.04 111.04 112.46 119.73 119.73
CME FEEDER           116.79 117.05 119.38 121.07 126.09 129.82 131.10
CME LEAN HOG         *52.97  55.52  57.65  60.65  63.08  64.46  65.15
3 Area LEAN HOG       50.47  52.36  54.40  57.88  60.13  61.73  62.95
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        Wed, Apr 08, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

04/08 AM CARCASS CUTOUT - $ 50.27   CHANGE  -4.46  TOTAL LD COUNT  235.34

04/08 PM CARCASS CUTOUT - $ 51.41   CHANGE  -3.32  TOTAL LD COUNT  473.91

CARLOT PORK -  OPEN 04/08          CARLOT PORK -  CLOSE 04/08
LOADS - CUTS  215.33 TRIM  20.02   LOADS - CUTS  443.25 TRIM  30.66
LOINS 1/4" Trim VAC      115.42    LOINS 1/4" Trim VAC      124.12
LOINS BNLS CC Strap On   174.45    LOINS BNLS CC Strap On   174.92
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    30.56
       Trm Sel  20-23#  No Test           Trm Sel  20-23#  No Test
       Trm Sel  23-27#    29.79           Trm Sel  23-27#    30.57
BELLIES  Skn-on 10-12#   114.70    BELLIES  Skn-on 10-12#   115.69
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Wed, Apr 08, 2020      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 sharply lower on light demand and light to moderate 
offerings. Select and Choice chuck and loin cuts lower. Choice rib cuts weak 
while Select firm. Choice round cuts steady while Select lower. 

BEEF CUTOUTS -  OPEN 04/08        BEEF CUTOUTS - CLOSE 04/08
CH 600-900# $224.47  -3.41        CH 600-900# $222.34  -5.54
SE 600-900# $214.11  -3.64        SE 600-900# $211.77  -5.98
LOADS     44.98 - Choice Cuts     LOADS     69.57 - Choice Cuts
           9.00 - Select Cuts               21.99 - Select Cuts
           7.58 - Trimmings                 12.06 - Trimmings
          13.53 - Coarse Grinds             41.15 - Coarse Grinds

POULTRY

04/08 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $98 to $105 cents FOB
16-24 lb toms $98 to $105 cents FOB

04/02 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 03/28      Week Ago     Yr Ago
                                     169,683      171,690    161,340

04/03 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 04/03    Week Ago      Yr Ago
                                              $ 66.61     $ 83.68     $ 96.62
National Composite Wtd Avg for the Month of:  March -     $ 79.35

04/08 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 04/04 - 235 million, up 2% from a year ago
Chick placement for the week ending 04/04 - 188 million, up slightly from a 
year ago

04/08 - Daily New York Eggs 
Extra Large and Large egg prices are 17 cents lower. Prices are 20 cents
lower for Medium. The undertone is lower. Supplies are mixed, ranging
light to at times heavy. Offerings are light to moderate. Retail demand
remains moderate to good. Market activity is moderate.

Extra Large    240-244
Large          238-242
Medium         123-127

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