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St Joseph, MO         Mon, Oct 16, 2017      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 10/16/2017      (est)   110,000    2,000     446,000     8,000
Week ago (est)                 115,000    2,000     463,000     7,000
Year ago (act)                 114,000    2,000     441,000     9,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Friday           82,000            23,000
                      Saturday         37,000            11,000

INDEX
                     10/13  10/12  10/11  10/10  10/09  10/06  10/05  10/04
CATFAX FED 6 STATE  111.08 110.04 109.29 109.29 109.29 109.29 108.34 108.10
CATFAX FED 3 STATE  110.99 109.87 109.00 109.00 109.00 109.00 108.50 108.04
CME FEEDER          155.66 155.23 155.14 155.22 155.17 155.35 155.57 156.21
CME LEAN HOG        *60.24  59.51  59.12  58.32  57.11  56.42  55.77  55.33
3 Area LEAN HOG      57.44  56.41  55.90  55.20  54.33  53.21  52.53  51.80

*DTN projected Lean Hog Index, 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, Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, Oklahoma

PORK

Des Moines, IA        Mon, Oct 16, 2017      USDA Market News

10/16 AM CARCASS CUTOUT - $ 75.05   CHANGE  +0.61  TOTAL LD COUNT  145.39

10/16 PM CARCASS CUTOUT - $ 75.25   CHANGE  +0.81  TOTAL LD COUNT  274.92

CARLOT PORK - OPEN 10/16            CARLOT PORK - CLOSE 10/16
LOADS - CUTS  122.67   TRIM 22.72   LOADS - CUTS   239.00  TRIM 35.92
LOINS 1/4" Trim VAC       88.93     LOINS 1/4" Trim VAC       88.73
LOINS BNLS CC Strap On   119.10     LOINS BNLS CC Strap On   119.74
HAMS - Trm Sel  17-20#    67.10     HAMS - Trm Sel  17-20#    67.66
       Trm Sel  20-23#    66.84            Trm Sel  20-23#    67.24
       Trm Sel  23-27#    65.33            Trm Sel  23-27#    65.36
BELLIES  Skn-on 10-12#   179.70     BELLIES  Skn-on 10-12#   163.74
BOXED    Skn-on 12-14#   134.85     BOXED    Skn-on 12-14#   147.86

BEEF

Des Moines, IA        Mon, Oct 16, 2017      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 firm on moderate demand and light offerings. Select
and Choice rib, chuck, round, and loin cuts steady to firm. Beef trimmings
moderately to sharply higher good demand and heavy offerings.

BEEF CUTOUTS -  OPEN 10/16        BEEF CUTOUTS - CLOSE 10/16
CH 600-900# $198.73  +0.51        CH 600-900# $198.81  +0.59
SE 600-900# $190.82  +0.77        SE 600-900# $190.57  +0.52
LOADS    21.70 - Choice Cuts      LOADS    41.71 - Choice Cuts
         11.13 - Select Cuts               20.03 - Select Cuts
         15.19 - Trimmings                 23.63 - Trimmings
          7.32 - Coarse Grinds             11.96 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 10/13    Week Ago    Yr Ago
                                              $ 84.44    $ 85.87    $ 70.26
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: September - $ 88.38

10/11 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 10/07 - 217 million, up 3% from a year ago 
Chick placement for the week ending 10/07 - 175 million, up 3% from a year ago

10/16 - Daily New York Eggs
Prices are 4 cents lower for Extra Large and Large, 1 cent lower for Medium.
Trade sentiment is lower for larger sizes, steady to lower for Medium.
Supplies are moderate to heavy. Current offerings are moderate. Demand into
all channels is light to moderate. Market activity is slow to moderate. 

Extra Large    108-112
Large          106-110
Medium          92-96

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