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St Joseph, MO         Thu, Sep 17, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 09/17/2020   (est)    119,000    1,000     484,000     6,000
Week ago (est)                 119,000    1,000     485,000     7,000
Year ago (act)                 115,000    2,000     485,000     7,000
Week to date (est)             479,000    7,000   1,940,000    28,000
Same Period Last Week (est)    360,000    5,000   1,440,000    20,000
Same Period Last Year (act)    471,000    9,000   1,954,000    31,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        95,000            25,000

INDEX
                      09/16  09/15  09/14  09/11  09/10  09/09  09/08  09/07
CATFAX FED 6 STATE   102.69 101.25 101.25 101.25 101.03 101.27 102.43 103.10
CATFAX FED 3 STATE   102.82 101.41 101.41 101.41 101.07 101.38 102.45 103.30
CME FEEDER                  140.60 140.52 141.47 140.99 141.10 140.98 140.91
CME LEAN HOG         *67.84  66.42  65.35  64.55  63.28  62.44  61.92   NA
3 Area LEAN HOG       65.95  63.94  62.78  62.01  60.67  59.66  58.86   NA
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        Thu, Sep 17, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

09/17 AM CARCASS CUTOUT - $ 91.07   CHANGE  +7.93  TOTAL LD COUNT  136.53

09/16 PM CARCASS CUTOUT - $ 83.14   CHANGE  -1.12  TOTAL LD COUNT  338.65

CARLOT PORK -  OPEN 09/17          CARLOT PORK -  CLOSE 09/16
LOADS - CUTS  124.80 TRIM  11.73   LOADS - CUTS  297.49 TRIM  41.16
LOINS 1/4" Trim VAC       78.28    LOINS 1/4" Trim VAC       76.22
LOINS BNLS CC Strap On   112.28    LOINS BNLS CC Strap On   115.89
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    64.68           Trm Sel  20-23#    63.71
       Trm Sel  23-27#    63.22           Trm Sel  23-27#    64.45
BELLIES  Skn-on 10-12#   218.37    BELLIES  Skn-on 10-12#   218.66
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   160.44

BEEF

Des Moines, IA        Thu, Sep 17, 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.

BEEF CUTOUTS -  OPEN 09/17        BEEF CUTOUTS -  CLOSE 09/17
CH 600-900# $215.03  -0.35        CH 600-900# $215.05  -0.33
SE 600-900# $203.60  -0.91        SE 600-900# $203.39  -1.12
LOADS     65.95 - Choice Cuts     LOADS    144.35 - Choice Cuts
          20.98 - Select Cuts               30.98 - Select Cuts
           6.00 - Trimmings                  7.33 - Trimmings
          28.91 - Coarse Grinds             34.42 - Coarse Grinds

POULTRY

09/17 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $109 to $117 cents FOB
16-24 lb toms $107 to $115 cents FOB

09/17 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 09/12      Week Ago     Yr Ago
                                     149,110      173,857    173,696

09/11 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 09/11    Week Ago      Yr Ago
                                              $ 63.90    $ 63.98      $ 76.19
National Composite Wtd Avg for the Month of:  August  -  $ 66.08

09/16 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 09/12 - 226 million, up 2% from a year ago
Chick placement for the week ending 09/12 - 186 million, down slightly from a 
year ago

09/17 - Daily New York Eggs 
Prices are unchanged. The undertone is steady at best. Supplies and offerings
are generally moderate. Retail demand tapers and is mostly moderate. Food
service is light to moderate. Market activity is moderate.

Extra Large     95-99
Large           93-97
Medium          69-73

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