St Joseph, MO    Tue Nov 20, 2018     USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE   CALVES        HOGS     SHEEP
Tuesday 11/20/2018       (est  119,000    2,000     479,000     9,000
Week ago (est)                 119,000    2,000     478,000     9,000
Year ago (act)                 122,000    3,000     462,000    10,000
Week to date (est)             238,000    4,000     958,000    17,000
Same Period Last Week (est)    230,000    4,000     919,000    16,000
Same Period Last Year (act)    243,000    4,000     923,000    19,000
Previous Day Estimated       Steer and Heifer  Cow and Bull
                 Monday         97,000               22,000

INDEX
                      11/19  11/16  11/15  11/14  11/13  11/12  11/09        
CATFAX FED 6 STATE   113.73 113.73 113.89 113.92 113.99 114.01 114.01  
CATFAX FED 3 STATE   114.00 114.00 114.21 114.21 114.21 114.21 114.21  
CME FEEDER           147.40 147.09 147.83 148.93 149.38 149.89 150.59  
CME LEAN HOG         *x       58.51 59.10  59.86  60.47  61.20  61.87    
3 Area LEAN HOG       55.67   55.52 56.26  56.64  57.75  58.34  59.00    
*DTN 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        Tues, Nov 20, 2018      USDA Market News

11/20 AM CARCASS CUTOUT - $ 66.44   CHANGE  -2.37  TOTAL LD COUNT  229.97

11/20 PM CARCASS CUTOUT - $ 65.72   CHANGE  -3.09  TOTAL LD COUNT  403.93

CARLOT PORK -  OPEN 11/20          CARLOT PORK - CLOSE 11/20
LOADS - CUTS  185.69 TRIM  44.28  LOADS - CUTS  338.65  TRIM  61.11
LOINS 1/4" Trim VAC       69.23    LOINS 1/4" Trim VAC       70.44
LOINS BNLS CC Strap On   115.16    LOINS BNLS CC Strap On   115.99
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#   No test
       Trm Sel  20-23#    64.64           Trm Sel  20-23#    52.70
       Trm Sel  23-27#    49.97           Trm Sel  23-27#    50.20
BELLIES  Skn-on 10-12#   197.41    BELLIES  Skn-on 10-12#   197.33
BOXED    Skn-on 12-14#   189.14    BOXED    Skn-on 12-14#   194.72

 

BEEF
Des Moines, IA                  Tue, Nov 20, 2018       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 steady to firm on moderate demand and heavy offerings. 
Select and Choice rib and chuck cuts steady to firm while round and loin cuts 
steady 
to weak. Beef trimmings sharply higher on good demand and light offerings.

BEEF CUTOUTS -  OPEN 11/20        BEEF CUTOUTS - CLOSE 11/20
CH 600-900# $214.16  +0.77        CH 600-900# $214.09  +0.70
SE 600-900# $198.56  -0.01        SE 600-900# $198.43  -0.14
LOADS     39.87 - Choice Cuts     LOADS     83.67 - Choice Cuts
          15.37 - Select Cuts               34.27 - Select Cuts
           2.87 - Trimmings                  5.46 - Trimmings
           8.66 - Coarse Grinds             19.33 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 11/16   Week Ago     Yr Ago
                                              $ 87.75    $ 85.74    $ 85.80
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: October - $ 83.56

11/14 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 11/10 - 222 million, down slightly from 
a year ago.
Chick placement for the week ending 11/10 - 172 million, down 2% from a 
year ago.

11/20- Daily New York Eggs
rices are steady on all sizes.  The undertone is steady.  Supplies are         
light to moderate.  The New York shell egg inventory is 27% less than 
last week.  Demand is moderate to instances good.  Offerings are light 
to moderate.  Market activity is mostly moderate.                         

Extra Large    131-135
Large          129-133
Medium         113-117