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St Joseph, MO         Thu, Dec 12, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 12/12/2019   (est)    121,000    2,000     495,000     7,000
Week ago (est)                 120,000    2,000     496,000     8,000
Year ago (act)                 121,000    2,000     478,000     9,000
Week to date (est)             486,000    9,000   1,963,000    31,000
Same Period Last Week (est)    477,000    9,000   1,982,000    31,000
Same Period Last Year (act)    482,000   10,000   1,903,000    37,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        95,000            27,000

**Revised Wednesday Hog Slaughter..488,000 New Week to Date..1,468,00**

INDEX
                      12/11  12/10  12/09  12/06  12/05  12/04  12/03
CATFAX FED 6 STATE   118.93 118.93 118.93 118.93 118.92 118.79 118.69
CATFAX FED 3 STATE   119.03 119.03 119.04 119.04 119.00 118.90 118.38
CME FEEDER           143.31 143.00+143.41 143.33 144.49 144.53 145.19
CME LEAN HOG         *59.72  59.46  58.47  58.12  58.49  58.34  58.20
3 Area LEAN HOG       58.25  57.43  57.71  56.56  56.51  56.76  57.21
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, Dec 12, 2019      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/12 AM CARCASS CUTOUT - $ 81.66   CHANGE  -1.53  TOTAL LD COUNT  145.36

12/12 PM CARCASS CUTOUT - $ 81.66   CHANGE  -1.53  TOTAL LD COUNT  284.82

CARLOT PORK -  OPEN 12/12          CARLOT PORK -  CLOSE 12/12
LOADS - CUTS  123.83 TRIM  21.53   LOADS - CUTS  248.45  TRIM 36.38
LOINS 1/4" Trim VAC       84.67    LOINS 1/4" Trim VAC       85.63
LOINS BNLS CC Strap On   121.19    LOINS BNLS CC Strap On   120.33
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    90.73
       Trm Sel  20-23#    89.78           Trm Sel  20-23#    90.77
       Trm Sel  23-27#    90.98           Trm Sel  23-27#    90.46
BELLIES  Skn-on 10-12#   211.81    BELLIES  Skn-on 10-12#   211.22
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   200.05

BEEF

Des Moines, IA        Thu, Dec 12, 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 sharply lower on Choice and lower on Select on light
demand and heavy offerings. Select and Choice rib and loin cuts steady to weak
while chuck and round cuts weak to lower. Beef trimmings sharply lower on light
demand and light to moderate offerings.

BEEF CUTOUTS -  OPEN 12/12        BEEF CUTOUTS - CLOSE 12/12
CH 600-900# $216.61  -2.04        CH 600-900# $215.65  -3.00
SE 600-900# $203.24  -0.48        SE 600-900# $202.56  -1.16 
LOADS     86.15 - Choice Cuts     LOADS    133.07 - Choice Cuts
          13.47 - Select Cuts               22.71 - Select Cuts
           0.00 - Trimmings                  7.86 - Trimmings
          14.03 - Coarse Grinds             43.75 - Coarse Grinds

POULTRY

12/12 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $95 to $103 cents FOB
16-24 lb toms $87 to $103 cents FOB

12/12 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 12/07      Week Ago     Yr Ago
                                     171,941      129,887    164,048

12/06 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 12/06    Week Ago      Yr Ago
                                              $ 82.59     $ 79.50     $ 86.57
National Composite Wtd Avg for the Month of:  November -  $ 78.30

12/11 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 12/07 - 223 million, up 7% from a year ago
Chick placement for the week ending 12/07 - 188 million, up 3% from a year ago.

12/12 - Daily New York Eggs
Prices for Extra Large and Large are 3 cents lower; unchanged for Medium. The 
undertone is steady to weak. Supplies are mostly moderate. Demand is moderate
to fairly good. Offerings are light to moderate. Market activity is moderate.

Extra Large    123-127
Large          121-125
Medium          88-92

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