Tuesday, April 23, 2019  
 
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St Joseph, MO         Tue, Apr 23, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Tuesday 04/23/2019    (est)    122,000    2,000     475,000     9,000
Week ago (est)                 121,000    2,000     474,000     9,000
Year ago (act)                 120,000    2,000     466,000     9,000
Week to date (est)             236,000    4,000     799,000    18,000
Same Period Last Week (est)    242,000    4,000     904,000    19,000
Same Period Last Year (act)    236,000    4,000     928,000    17,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           90,000            24,000

INDEX
                      04/22  04/19  04/18  04/17  04/16  04/15  04/12
CATFAX FED 6 STATE   127.29 127.29 127.22 126.71 125.52 125.52 125.48
CATFAX FED 3 STATE   126.51 126.51 126.51 125.99 124.09 124.09 124.08
CME FEEDER           145.84 145.97 145.98 145.01 143.58 143.46 142.99
CME LEAN HOG         *82.07  81.54  81.02  80.63  80.24  79.84  79.57
3 Area LEAN HOG       79.80  78.89  78.50  78.01  77.64  77.34  76.95
**NA = Not Available Due to Packer Submission Issues.

*DTN 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, Apr 23, 2019      USDA Market News

04/23 AM CARCASS CUTOUT - $ 89.16   CHANGE  +1.30  TOTAL LD COUNT  215.50

04/22 PM CARCASS CUTOUT - $ 87.86   CHANGE  +0.62  TOTAL LD COUNT  274.24 

CARLOT PORK -  OPEN 04/23          CARLOT PORK -  CLOSE 04/22
LOADS - CUTS  200.05 TRIM  15.45   LOADS - CUTS  244.95  TRIM 29.28
LOINS 1/4" Trim VAC       90.54    LOINS 1/4" Trim VAC       91.16
LOINS BNLS CC Strap On   124.60    LOINS BNLS CC Strap On   124.53
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    71.05
       Trm Sel  20-23#    78.19           Trm Sel  20-23#  No Test
       Trm Sel  23-27#    71.79           Trm Sel  23-27#    71.88
BELLIES  Skn-on 10-12#   245.42    BELLIES  Skn-on 10-12#   245.64
BOXED    Skn-on 12-14#   205.55    BOXED    Skn-on 12-14#   228.86

BEEF

Des Moines, IA        Tue, Apr 23, 2019      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 04/23        BEEF CUTOUTS - CLOSE 04/22
CH 600-900# $234.73  +0.25        CH 600-900# $234.48  +0.83
SE 600-900# $222.90  +0.26        SE 600-900# $222.64  +2.15
LOADS     37.99 - Choice Cuts     LOADS     28.48 - Choice Cuts
          14.93 - Select Cuts               27.37 - Select Cuts
          15.10 - Trimmings                  9.23 - Trimmings
           4.51 - Coarse Grinds              6.72 - Coarse Grinds

POULTRY

04/18 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 04/13      Week Ago     Yr Ago
                                     164,410      164,278    159,399

04/19 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 04/19    Week Ago      Yr Ago
                                              $ 97.11     $ 96.25     $108.75
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  March - $ 93.33

04/17 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 04/13 - 233 million, up 2% from a year ago
Chick placement for the week ending 04/13 - 186 million, up 2% from a year ago

04/23 - Daily New York Eggs
Prices are 2 cents lower for heavier weight eggs, unchanged for Medium. The
undertone is steady to lower. Supplies are sufficient for current needs. The
New York shell egg inventory is down 26%. Offerings are moderate. Demand into
all channels is mostly moderate. Market activity is slow to moderate.

Extra Large     69-73
Large           67-71
Medium          60-64

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