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St Joseph, MO         Mon, Aug 03, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 08/03/2020     (est)    113,000    2,000     425,000     7,000
Week ago (est)                 117,000    2,000     455,000     7,000
Year ago (act)                 120,000    2,000     425,000     8,000
Previous Day Estimated            Steer & Heifer        Cow & Bull
                      Friday          90,000              23,000
                      Saturday        46,000               5,000

**Revised Saturday Hog Slaughter..177,000  New Week to Date..2,538,000**

INDEX
                      08/03  07/31  07/30  07/29  07/28  07/27  07/24
CATFAX FED 6 STATE    98.20  98.19  98.01  97.77  97.03  96.97  96.97
CATFAX FED 3 STATE    96.89  96.89  96.90  96.82  96.09  96.00  96.00
CME FEEDER                  139.80 138.58 139.24 139.83 139.77 139.99
CME LEAN HOG         *52.81  53.11  53.52  53.56  52.95  51.10  50.23
3 Area LEAN HOG       50.49  51.21  51.57  51.20  50.50  49.53  47.39
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        Tue, Aug 04, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

08/04 AM CARCASS CUTOUT - $ 66.72   CHANGE  -0.06  TOTAL LD COUNT  272.22

08/03 PM CARCASS CUTOUT - $ 66.78   CHANGE  +1.47  TOTAL LD COUNT  393.09

CARLOT PORK -  OPEN 08/04          CARLOT PORK -  CLOSE 08/03
LOADS - CUTS  240.31 TRIM  31.90   LOADS - CUTS  349.29 TRIM  43.81
LOINS 1/4" Trim VAC       78.30    LOINS 1/4" Trim VAC       77.94
LOINS BNLS CC Strap On   115.02    LOINS BNLS CC Strap On   113.41
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    38.20
       Trm Sel  20-23#    28.18           Trm Sel  20-23#    38.25
       Trm Sel  23-27#    34.51           Trm Sel  23-27#    34.13
BELLIES  Skn-on 10-12#   211.58    BELLIES  Skn-on 10-12#   196.09
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   143.58

BEEF

Des Moines, IA        Tue, Aug 04, 2020      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 08/04        BEEF CUTOUTS -  CLOSE 08/03
CH 600-900# $204.88  +0.22        CH 600-900# $204.66  +1.40
SE 600-900# $190.25  -0.15        SE 600-900# $190.40  +0.51
LOADS     43.85 - Choice Cuts     LOADS     50.39 - Choice Cuts
          12.74 - Select Cuts               21.58 - Select Cuts
          10.45 - Trimmings                 14.37 - Trimmings
          11.28 - Coarse Grinds             17.45 - Coarse Grinds

POULTRY

08/03 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $107 to $115 cents FOB
16-24 lb toms $107 to $114 cents FOB

07/30 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 07/25      Week Ago     Yr Ago
                                     163,998      162,082    169,641

07/31 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 07/31    Week Ago      Yr Ago
                                              $ 64.89    $ 66.10     $ 82.97
National Composite Wtd Avg for the Month of: July - $ 70.41

07/29 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/25 - 232 million, off 1% from a year ago
Chick placement for the week ending 07/25 - 186 million, off 1% from a year ago

08/04 - Daily New York Eggs 
Prices are steady with a mostly steady undertone. Supplies are moderate to 
occasionally heavy. The New York shell egg inventory is down 4% when compared
to the previous week. Offerings are moderate. Retail demand is mixed. Food
service demand is light to moderate. Activity is slow to moderate.

Extra Large     76-80
Large           74-78
Medium          52-56

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