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St Joseph, MO         Wed, Oct 28, 2020      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 10/28/2020           118,000    2,000     492,000     7,000
Week ago                       121,000    2,000     492,000     7,000
Year ago (act)                 118,000    3,000     476,000     8,000
Week to date                   350,000    6,000   1,471,000    25,000
Same Period Last Week          360,000    6,000   1,457,000    25,000
Same Period Last Year (act)    347,000    7,000   1,459,000    25,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Tuesday          92,000            25,000

INDEX
                       10/27  10/26  10/23  10/22  10/21  10/20  10/19
CATFAX FED 6 STATE    105.27 105.34 105.32 105.38 105.65 106.77 107.23
CATFAX FED 3 STATE    105.94 106.05 106.01 106.03 106.05 106.87 107.11
CME FEEDER            133.32 133.64 133.70 134.01 135.53 138.36 138.66
CME LEAN HOG          *76.27  77.47  78.17  78.54  78.60  78.69  78.62
3 Area LEAN HOG        74.51  75.39  76.34  76.40  76.84  76.90  77.20
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        Wed, Oct 28, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

10/28 AM CARCASS CUTOUT - $ 88.82   CHANGE  -0.01  TOTAL LD COUNT  226.60

10/28 PM CARCASS CUTOUT - $ 83.73   CHANGE  -5.10  TOTAL LD COUNT  438.52

CARLOT PORK -  OPEN 10/28          CARLOT PORK -  CLOSE 10/28
LOADS - CUTS  203.84 TRIM  22.76   LOADS - CUTS  397.06 TRIM  41.47
LOINS 1/4" Trim VAC       84.07    LOINS 1/4" Trim VAC       83.30
LOINS BNLS CC Strap On   110.51    LOINS BNLS CC Strap On   111.32
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    75.57
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    75.50
       Trm Sel  23-27#    72.37           Trm Sel  23-27#    72.38
BELLIES  Skn-on 10-12#   226.84    BELLIES  Skn-on 10-12#   225.25
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Wed, Oct 28, 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 10/28        BEEF CUTOUTS -  CLOSE 10/28
CH 600-900# $205.95  -0.75        CH 600-900# $205.79  -0.91
SE 600-900# $189.83  +1.16        SE 600-900# $189.58  +0.91
LOADS     65.52 - Choice Cuts     LOADS     99.48 - Choice Cuts
          15.51 - Select Cuts               25.40 - Select Cuts
           8.42 - Trimmings                 20.85 - Trimmings
          20.71 - Coarse Grinds             26.91 - Coarse Grinds

POULTRY

10/28 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $115 to $120 cents FOB
16-24 lb toms $112 to $120 cents FOB

10/22 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 10/17      Week Ago     Yr Ago
                                     168,430      168,297    174,327

10/23 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 10/23    Week Ago      Yr Ago
                                              $ 68.75    $ 67.87      $ 78.31
National Composite Wtd Avg for the Month of: September - $ 63.58

10/28 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 10/24 - 222 million, off 2% from a year ago
Chick placement for the week ending 10/24 - 173 million, off 2% from a year ago

10/28 - Daily New York Eggs 
Prices are unchanged on all sizes. The undertone is mostly steady. Supplies are
moderate to heavy. Offerings are light to moderate. Retail demand is moderate 
to instances fairly good. Market activity is moderate.

Extra Large    116-120
Large          114-118
Medium         104-108

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