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St Joseph, MO         Wed, Mar 22, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 03/22/2023           126,000    1,000     478,000     7,000
Week ago                       126,000    1,000     479,000     7,000
Year ago (act)                 123,000    1,000     482,000     6,000
Week to date                   378,000    3,000   1,422,000    25,000
Same Period Last Week          378,000    3,000   1,448,000    24,000
Same Period Last Year (act)    363,000    4,000   1,424,000    24,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Tuesday          99,000            28,000

INDEXES
                       03/21  03/20  03/17  03/16  03/15  03/14  03/13
CATFAX FED 6 STATE    164.04 164.54 164.19 164.20 163.97 165.13 165.13
CATFAX FED 3 STATE    163.91 164.37 164.00 164.00 163.87 164.00 165.02
CME FEEDER            187.69 187.78 188.01 187.87 188.71 189.41 189.51
CME LEAN HOG          *77.83  78.67  79.55  80.01  79.95  79.39  79.89
3 Area LEAN HOG        75.84  76.98  77.57  77.98  77.95  78.00  78.12
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, Mar 22, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

03/22 AM CARCASS CUTOUT - $ 80.50   CHANGE  -1.02 TOTAL LD COUNT  232.78

03/22 PM CARCASS CUTOUT - $ 79.86   CHANGE  -1.66 TOTAL LD COUNT  349.27

CARLOT PORK -  OPEN  03/22         CARLOT PORK -  CLOSE 03/22
LOADS - CUTS 215.07  TRIM  17.71   LOADS - CUTS  305.04 TRIM  44.23
LOINS 1/4" Trim VAC       97.38    LOINS 1/4" Trim VAC       96.76
LOINS BNLS CC Strap On   143.62    LOINS BNLS CC Strap On   141.01
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    75.83
       Trm Sel  20-23#    74.83           Trm Sel  20-23#    74.53
       Trm Sel  23-27#    70.98           Trm Sel  23-27#    71.26
BELLIES  Skn-on 10-12#   191.85    BELLIES  Skn-on 10-12#   191.23
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Wed, Mar 22, 2023      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
Afternoon - 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  03/22       BEEF CUTOUTS -  CLOSE 03/22
CH 600-900# $282.20  +2.28        CH 600-900# $281.30  +1.38
SE 600-900# $269.60  -1.95        SE 600-900# $269.82  -1.73
LOADS     65.91 - Choice Cuts     LOADS     94.36 - Choice Cuts
           8.43 - Select Cuts               12.95 - Select Cuts
           7.90 - Trimmings                 11.66 - Trimmings
          12.69 - Coarse Grinds             27.87 - Coarse Grinds
CHOICE/SELECT SPREAD:  $12.60     CHOICE/SELECT SPREAD:  $11.48

POULTRY

03/22 Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $163 to $180 cents FOB
16-24 lb toms $163 to $180 cents FOB

03/16 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 03/11      Week Ago    Yr Ago
                                     166,557     167,391     164,363

03/16 Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 03/10/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $130.14   +2.54   $ 87.00-$163.00     $127.60

03/22 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 03/18 - 241 million, up slightly 
from a year ago.
Chick placement for the week ending 03/18 - 186 million, up slightly 
from a year ago.

03/22 - New York Eggs
Prices are 1 cent higher for larger sizes and unchanged for Medium. The prices
are unchanged on all sizes. The undertone is steady to firm. Offerings are 
light. Supplies are light to moderate. Demand is moderate to fairly good.
Market activity is moderate to active.

Extra Large    349-353
Large          347-351
Medium         305-309

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