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St Joseph, MO         Fri, May 25, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Friday 05/25/2018     (est)    119,000    2,000     442,000     6,000
Week ago (est)                 119,000    2,000     436,000     7,000
Year ago (act)                 117,000    2,000     426,000     6,000
Week to date (est)             598,000   10,000   2,275,000    38,000
Same Period Last Week (est)    593,000   10,000   2,262,000    37,000
Same Period Last Year (act)    586,000    9,000   2,196,000    39,000

Saturday 05/26/2018   (est)     49,000        0      27,000     1,000
Week ago (est)                  67,000        0      86,000     1,000
Year ago (act)                  37,000        0       5,000         0
Week to date (est)             647,000   10,000   2,302,000    39,000
Same Period Last Week (est)    660,000   10,000   2,348,000    38,000
Same Period Last Year*(act)    623,000    9,000   2,202,000    39,000
2018 Year to Date            12,850,00  212,000  49,651,000   800,000
2017 *Year to Date           12,482,00  203,000  48,257,000   779,000
Percent change                    3.0%     4.5%        2.9%      2.7%
2018 *Totals subject to revision
2017 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated             Steer and Heifer    Cow and Bull
                        Thursday        97,000            24,000

INDEX
                     05/25  05/23  05/22  05/21  05/18  05/17  05/16  05/15
CATFAX FED 6 STATE  112.28 113.53 114.47 114.71 115.07 119.13 119.74 120.92
CATFAX FED 3 STATE  112.00 114.14 115.39 115.71 115.73 118.30 118.62 120.48
CME FEEDER                 134.44 133.43 133.41 133.65 133.66 134.83 135.67
CME LEAN HOG        *69.44  69.29  69.03  68.69  68.38  67.74  67.01  66.14
3 Area LEAN HOG      66.34  66.42  66.14  65.86  65.49  64.73  64.02  63.20

*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        Fri, May 25, 2018      USDA Market News

05/25 AM CARCASS CUTOUT - $ 74.89   CHANGE  +0.78  TOTAL LD COUNT  189.00

05/24 PM CARCASS CUTOUT - $ 74.11   CHANGE  -0.70  TOTAL LD COUNT  252.29
 
CARLOT PORK -  OPEN 05/25          CARLOT PORK - CLOSE 05/24
LOADS - CUTS  154.46  TRIM 34.54   LOADS - CUTS  232.26  TRIM 20.02
LOINS 1/4" Trim VAC       92.45    LOINS 1/4" Trim VAC       94.01
LOINS BNLS CC Strap On   116.25    LOINS BNLS CC Strap On   107.37
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    56.49
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    56.73
       Trm Sel  23-27#    57.48           Trm Sel  23-27#    55.96
BELLIES  Skn-on 10-12#   185.44    BELLIES  Skn-on 10-12#   177.98
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Fri, May 25, 2018      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Morning - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am

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 05/25        BEEF CUTOUTS - CLOSE 05/24
CH 600-900# $227.41  -1.59        CH 600-900# $229.00  -1.08
SE 600-900# $204.89  -0.04        SE 600-900# $204.93  -0.11
LOADS     38.23 - Choice Cuts     LOADS     81.14 - Choice Cuts
          17.92 - Select Cuts               37.58 - Select Cuts
          11.96 - Trimmings                  9.05 - Trimmings
           8.02 - Coarse Grinds             19.07 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 05/18    Week Ago    Yr Ago
                                              $117.97    $116.42    $108.46
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: April - $108.73

05/23 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 05/19 - 232 million, up 3% from a year ago
Chick placement for the week ending 05/19 - 186 million, up 3% from a year ago

05/25 - Daily New York Eggs
Prices end the week unchanged. The undertone is steady. Supplies vary but are
usually moderate. Offerings are moderate. Demand is mostly light to moderate.
Market activity is slow to moderate.

Extra Large     92-96
Large           90-94
Medium          83-87

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