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St Joseph, MO         Tue, Feb 07, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 02/07/2023             126,000    1,000     479,000     9,000
Week ago                       127,000    1,000     483,000     8,000
Year ago (act)                 126,000    2,000     469,000     6,000
Week to date                   246,000    2,000     959,000    17,000
Same Period Last Week          248,000    2,000     958,000    17,000
Same Period Last Year (act)    249,000    3,000     948,000    14,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Monday           95,000            25,000

**Revised Monday Hog Slaughter...480,000**

INDEXES
                       02/06  02/03  02/02  02/01  01/31  01/30  01/27
CATFAX FED 6 STATE    182.23 160.46 155.52 155.52 155.52 155.47 156.01
CATFAX FED 3 STATE      NA   155.98 155.98 155.98 155.98 155.59 155.98
CME FEEDER              NA   181.29 181.45 180.90 180.37 180.42 179.88
CME LEAN HOG          *73.51  73.29  73.05  72.85  72.51  72.58  72.71
3 Area LEAN HOG        71.39  71.42  70.78  70.85  70.74  70.63  70.77
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, Feb 07, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

02/07 AM CARCASS CUTOUT - $ 81.47   CHANGE  -0.15 TOTAL LD COUNT  178.72

02/07 PM CARCASS CUTOUT - $ 78.56   CHANGE  -3.06 TOTAL LD COUNT  342.05

CARLOT PORK -  OPEN  02/07         CARLOT PORK -  CLOSE 02/07
LOADS - CUTS 164.56  TRIM  14.16   LOADS - CUTS  320.14 TRIM  21.90
LOINS 1/4" Trim VAC      104.12    LOINS 1/4" Trim VAC      101.81
LOINS BNLS CC Strap On   134.67    LOINS BNLS CC Strap On   134.39
HAMS - Trm Sel  17-20#    79.10    HAMS - Trm Sel  17-20#    75.98
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    75.36
       Trm Sel  23-27#    72.20           Trm Sel  23-27#    71.46
BELLIES  Skn-on 10-12#   240.97    BELLIES  Skn-on 10-12#   188.94
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   186.88

BEEF

Des Moines, IA        Tue, Feb 07, 2023      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
Afternoon - 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.

BEEF CUTOUTS -  OPEN  02/07       BEEF CUTOUTS -  CLOSE 02/07
CH 600-900# $267.68  +1.11        CH 600-900# $266.72  +0.15
SE 600-900# $257.22  +3.50        SE 600-900# $257.33  +3.61
LOADS     39.85 - Choice Cuts     LOADS     66.77 - Choice Cuts
           9.41 - Select Cuts               15.65 - Select Cuts
           5.51 - Trimmings                  7.19 - Trimmings
          12.31 - Coarse Grinds             17.34 - Coarse Grinds
CHOICE/SELECT SPREAD:  $10.46     CHOICE/SELECT SPREAD:  $ 9.39

POULTRY

02/07 Day-to-day Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $164 to $180 cents FOB
16-24 lb toms $164 to $180 cents FOB

02/02 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 01/28      Week Ago     Yr Ago
                                     168,865     160,069     168,177

02/03 Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 02/03/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $121.19   -0.14   $ 80.00-$158.00     $121.05

02/01 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 01/28 - 239 million, down slightly from
a year ago.
Chick placement for the week ending 01/28 - 188 million, up 1% from a year 
ago.

02/07 - New York Eggs
Prices are down 10 cents for Extra Large and Large and 2 cents lower for
Medium. The undertone is weak. The New York shell egg inventory is 2
percent higher compared to last Monday. Offerings remain light to
moderate. Supplies are moderate. Demand is light to moderate. Market
activity is moderate.

Extra Large    245-249
Large          243-247
Medium         230-234

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