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St Joseph, MO         Fri, May 26, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Friday 05/26/2023              118,000    1,000     457,000     3,000
Week ago                       122,000    1,000     458,000     4,000
Year ago (act)                 120,000    2,000     448,000     4,000
Week to date                   616,000    5,000   2,351,000    33,000
Same Period Last Week          626,000    5,000   2,328,000    35,000
Same Period Last Year (act)    617,000    6,000   2,334,000    34,000

Saturday 05/27/2023              9,000        0      20,000         0
Week ago                        16,000        0      69,000         0
Year ago (act)                  24,000        0      11,000         0
Week to date                   625,000    5,000   2,371,000    33,000
Same Period Last Week          642,000    5,000   2,397,000    35,000
Same Period Last Year*(act)    641,000    6,000   2,346,000    34,000
2023 Year to Date            13,188,00  122,000  51,730,000   754,000
2022 *Year to Date           13,629,00  146,000  51,010,000   710,000
Percent change                   -3.2%   -16.5%        1.4%      6.1%
2023 *Totals subject to revision
2022 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day                       Steer and Heifer   Cow and Bull
                      Thursday          96,000           29,000

*Revised Thursday Hog Slaughter..468,000/New Week To Date..1,894,000*

INDEXES
                      05/25  05/24  05/23  05/22  05/19  05/18  05/17
CATFAX FED 6 STATE   181.87 176.62 170.00 174.55 174.57 174.27 176.34
CATFAX FED 3 STATE   170.55 170.98 170.00 170.15 170.22 169.90 173.88
CME FEEDER           209.56 208.14 207.36 206.76 204.70 202.36 202.61
CME LEAN HOG         *80.48  80.80  80.67  80.90  79.57  79.13  78.42
3 Area LEAN HOG       77.77  77.88  77.77  77.60  77.10  76.37  76.20
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        Fri, May 26, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

PORK CARCASS       CUTOUT      CHANGE     TOTAL LDS
05/26 MORNING     $ 83.73       +2.54      107.80
05/26 AFTERNOON   $ 82.20       +1.01      204.09

CARLOT PORK                 OPEN       CLOSE
 DATE                      05/26       05/26
 LOADS - CUTS              94.65      184.13
 LOADS - TRIM              13.15       19.96
 LOINS 1/4" Trim VAC      108.78      109.27
 LOINS BNLS CC Strap On   145.37      144.07
 HAMS - Trm Sel  17-20#  No Test     No Test
        Trm Sel  20-23#  No Test       75.67
        Trm Sel  23-27#    73.32       74.32
 BELLIES  Skn-on 10-12#   256.64      251.90
 BOXED    Skn-on 12-14#  No Test     No Test

BEEF

Des Moines, IA        Fri, May 26, 2023      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

Based on negotiated prices and volume of boxed beef cuts delivered 
Within -21 days and on average industry cutting yields. Values reflect
U.S. Dollars per 100 pounds.

                    MORNING             AFTERNOON
BEEF CUTOUTS    OPEN      CHNG       CLOSE     CHNG
                     05/26                05/26
 CH 600-900#    $303.89   +3.95      $303.93   +3.99
 SE 600-900#    $284.75   +0.21      $284.92   +0.38
   LOADS     
     Choice cuts      42.37                61.80
     Select cuts       9.39                12.38
     Trimmings         4.69                 7.43
     Coarse Grinds     5.96                 7.60
     CH/SEL SPREAD   $19.14               $19.01

POULTRY

05/26 Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $139 to $162 cents FOB
16-24 lb toms $139 to $162 cents FOB

05/25 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/20      Week Ago    Yr Ago
                                     169,995     166,554     166,719

05/26 Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 05/26/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $143.04   +0.35   $118.00-$170.00     $142.69

05/24 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/20 - 241 million, down 1% from a year 
Ago.
Chick placement for the week ending 05/20 - 187 million, down 1% from a year
ago.

05/26 - New York Eggs
All prices are unchanged. The undertone is mostly steady. Demand is moderate
to instance fairly good. Offerings and supplies are in a range of light to 
moderate. Market activity is moderate.

Extra Large    123-127
Large          121-125
Medium         112-116

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