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Heart of Missouri MFA AgriServices  402 10th Street  Glasgow, MO 65254  

 
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St Joseph, MO         Fri, Aug 23, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Friday 08/23/2019     (est)    115,000    2,000     476,000     5,000
Week ago (est)                 114,000    2,000     454,000     5,000
Year ago (act)                 114,000    3,000     454,000     7,000
Week to date (est)             577,000   10,000   2,402,000    36,000
Same Period Last Week (est)    577,000   10,000   2,354,000    37,000
Same Period Last Year (act)    584,000   11,000   2,306,000    40,000

Saturday 08/24/2019   (est)     77,000        0     126,000     1,000
Week ago (est)                  74,000        0     138,000     1,000
Year ago (act)                  58,000        0     215,000     1,000
Week to date (est)             654,000   10,000   2,528,000    37,000
Same Period Last Week (est)    651,000   10,000   2,492,000    38,000
Same Period Last Year*(act)    642,000   11,000   2,521,000    40,000
2019 Year to Date            21,394,00  367,000  81,309,000 1,313,000
2018 *Year to Date           21,130,00  352,000  78,844,000 1,289,000
Percent change                    1.3%     4.4%        3.1%      1.8%
2019 *Totals subject to revision
2018 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated             Steer and Heifer  Cow and Bull
                      Thursday          91,000          24,000

INDEX
                      08/22  08/21  08/20  08/19  08/16  08/15  08/14
CATFAX FED 6 STATE   106.70 106.07 105.91 105.90 105.88 109.06 110.20
CATFAX FED 3 STATE   105.54 105.46 105.33 105.33 105.33 107.65 108.13
CME FEEDER           139.72 137.89 137.18 137.26 136.33 137.60 139.15
CME LEAN HOG         *75.94  77.04  77.40  77.99  78.55  79.02  79.34
3 Area LEAN HOG       72.71  74.17  74.74  74.70  75.47  76.48  76.39
**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        Fri, Aug 23, 2019      USDA Market News

08/23 AM CARCASS CUTOUT - $ 80.13   CHANGE  +0.19  TOTAL LD COUNT  103.76

08/23 PM CARCASS CUTOUT - $ 79.65   CHANGE  -0.29  TOTAL LD COUNT  180.23

CARLOT PORK -  OPEN 08/23          CARLOT PORK -  CLOSE 08/23
LOADS - CUTS   91.98 TRIM  11.78   LOADS - CUTS  156.37  TRIM 23.86
LOINS 1/4" Trim VAC       88.36    LOINS 1/4" Trim VAC       82.63
LOINS BNLS CC Strap On   115.94    LOINS BNLS CC Strap On   117.89
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    59.13
       Trm Sel  23-27#    56.48           Trm Sel  23-27#    56.45
BELLIES  Skn-on 10-12#   222.49    BELLIES  Skn-on 10-12#   224.27
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Fri, Aug 23, 2019      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 lower to sharply lower on light to moderate demand 
and offerings. Select and Choice rib, round, and loin cuts steady to weak while
chuck cuts lower. Beef trimmings not fully established.

BEEF CUTOUTS -  OPEN 08/23        BEEF CUTOUTS - CLOSE 08/23
CH 600-900# $237.88  -1.40        CH 600-900# $237.52  -1.76
SE 600-900# $214.02  -1.89        SE 600-900# $212.71  -3.20 
LOADS     25.70 - Choice Cuts     LOADS     37.06 - Choice Cuts
           9.39 - Select Cuts               17.57 - Select Cuts
           0.00 - Trimmings                  0.00 - Trimmings
          13.45 - Coarse Grinds             22.11 - Coarse Grinds

POULTRY

08/22 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 08/17      Week Ago     Yr Ago
                                     173,998      172,355    168,772

08/23 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 08/23    Week Ago      Yr Ago
                                              $ 79.31     $ 82.55     $ 82.52
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: July - $ 88.24

08/21 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 08/17 - 232 million, up 3% from a year ago
Chick placement for the week ending 08/17 - 189 million, up 2% from a year ago

08/23 - Daily New York Eggs
Prices are 2 cents higher for Extra Large and Large, 1 cent higher for Medium.
The undertone is steady to fully steady. Offerings are light to moderate.
Supplies are mostly moderate. Retail and distributive demand is moderate to
good. Market activity is moderate to active.

Extra Large    118-122
Large          116-120
Medium          75-79

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