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St Joseph, MO         Fri, Feb 22, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Friday 02/22/2019     (est)    114,000    2,000     472,000     8,000
Week ago (est)                 111,000    2,000     465,000     7,000
Year ago (act)                 108,000    3,000     449,000     7,000
Week to date (est)             550,000   12,000   2,362,000    38,000
Same Period Last Week (est)    570,000   12,000   2,296,000    37,000
Same Period Last Year (act)    552,000   10,000   2,248,000    37,000

Saturday 02/23/2019   (est)     27,000        0     150,000     1,000
Week ago (est)                  26,000        0     218,000     1,000
Year ago (act)                  23,000        0     144,000     2,000
Week to date (est)             577,000   12,000   2,512,000    39,000
Same Period Last Week (est)    596,000   12,000   2,514,000    38,000
Same Period Last Year*(act)    575,000   10,000   2,392,000    39,000
2019 Year to Date            4,710,000   90,000  19,299,000   289,000
2018 *Year to Date           4,743,000   83,000  18,857,000   285,000
Percent change                   -0.7%     8.3%        2.3%      1.3%
2019 *Totals subject to revision
2018 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated             Steer and Heifer   Cow and Bull
                      Thursday         90,000            24,000

INDEX
                      02/21  02/20  02/19  02/18  02/15  02/14  02/13
CATFAX FED 6 STATE   125.00 125.01 124.99 124.99 124.99 124.99 124.96
CATFAX FED 3 STATE   125.00 125.00 125.00 125.00 125.00 125.00 125.00
CME FEEDER           141.31 141.11 141.10 141.28 141.50 141.31 141.50
CME LEAN HOG         *53.65  54.06  54.13  54.43  54.74  55.02  55.24
3 Area LEAN HOG       51.40  51.81  51.98  52.41  52.39  52.83  53.04
**NA = Not Available Due to Packer Submission Issues.

*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        Fri, Feb 22, 2019      USDA Market News

02/22 AM CARCASS CUTOUT - $ 61.21   CHANGE  -0.02  TOTAL LD COUNT  210.72

02/22 PM CARCASS CUTOUT - $ 59.01   CHANGE  -2.22  TOTAL LD COUNT  337.33 

CARLOT PORK -  OPEN 02/22          CARLOT PORK -  CLOSE 02/22
LOADS - CUTS  170.96 TRIM  39.76   LOADS - CUTS  282.33  TRIM 55.00
LOINS 1/4" Trim VAC       69.64    LOINS 1/4" Trim VAC       67.71
LOINS BNLS CC Strap On   105.25    LOINS BNLS CC Strap On    98.86
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    47.15
       Trm Sel  23-27#    43.16           Trm Sel  23-27#    43.00
BELLIES  Skn-on 10-12#   180.29    BELLIES  Skn-on 10-12#   183.70
BOXED    Skn-on 12-14#   187.71    BOXED    Skn-on 12-14#   177.59

BEEF

Des Moines, IA        Fri, Feb 22, 2019      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 higher on good demand and light offerings. Select and 
Choice rib, chuck, round, and loin cuts steady to firm. Beef trimmings mostly 
moderately to sharply lower on light demand and offerings.

BEEF CUTOUTS -  OPEN 02/22        BEEF CUTOUTS - CLOSE 02/22
CH 600-900# $219.39  +1.32        CH 600-900# $219.39  +1.32
SE 600-900# $212.19  +0.78        SE 600-900# $212.35  +0.94
LOADS     20.98 - Choice Cuts     LOADS     32.82 - Choice Cuts
           5.48 - Select Cuts               12.27 - Select Cuts
           7.06 - Trimmings                  8.24 - Trimmings
          11.56 - Coarse Grinds             28.30 - Coarse Grinds

POULTRY

02/21 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/16      Week Ago     Yr Ago     
                                     161,570      162,013    163,506

02/22 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 02/22    Week Ago      Yr Ago
                                              $ 89.16     $ 90.94     $ 91.00
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: January - $ 98.90

02/20 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 02/16 - 230 million, up 1% from a year ago
Chick placement for the week ending 02/16 - 184 million, up 2% from a year ago

02/22 - Daily New York Eggs
Prices are steady. The undertone is mostly steady. Supplies of all sizes are in
a full range, but mostly moderate. Offerings are available to satisfy trade
needs. Demand into retail and food service channels is usually moderate. Market
activity is slow to moderate.

Extra Large    101-105
Large           99-103
Medium          84-88

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