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St Joseph, MO         Tue, May 30, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                                CATTLE   CALVES       HOGS      SHEEP
Monday 05/29/2023                2,000    1,000       3,000     1,000
Week ago                       125,000    1,000     473,000     9,000
Year ago (act)                   3,000        0       1,000     2,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Friday           93,000            25,000
                      Saturday          8,000             1,000


                                CATTLE   CALVES       HOGS      SHEEP
Tuesday 05/30/2023             126,000    1,000     480,000     9,000
Week ago                       126,000    1,000     481,000     7,000
Year ago (act)                 127,000    1,000     468,000     9,000
Week to date                   128,000    2,000     483,000    10,000
Same Period Last Week          251,000    2,000     954,000    16,000
Same Period Last Year (act)    130,000    1,000     469,000    11,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Monday           1,000             1,000

**Revised Friday Hog Slaughter..452,000/New Week To Date..2,346,000**
              **New Saturday Week To Date..2,366,000**

INDEXES
                      05/29  05/26  05/25  05/24  05/23  05/22  05/19
CATFAX FED 6 STATE   176.05 178.01 178.30 176.62 170.00 174.55 174.57
CATFAX FED 3 STATE   170.79 170.50 171.00 170.98 170.00 170.15 170.22
CME FEEDER           207.61 207.62 209.86 208.14 207.36 206.76 204.70
CME LEAN HOG           NA   *80.08  80.48  80.80  80.67  80.90  79.57
3 Area LEAN HOG        NA    77.48  77.77  77.88  77.77  77.60  77.10
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, May 30, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

PORK CARCASS       CUTOUT      CHANGE     TOTAL LDS
05/30 MORNING     $ 86.91       +4.71      171.59
05/30 AFTERNOON   $ 83.68       +1.48      366.97

CARLOT PORK                 OPEN       CLOSE
 DATE                      05/30       05/30
 LOADS - CUTS             158.44      342.16
 LOADS - TRIM              13.15       24.81
 LOINS 1/4" Trim VAC      111.97      110.57
 LOINS BNLS CC Strap On   143.00      142.34
 HAMS - Trm Sel  17-20#  No Test       75.93
        Trm Sel  20-23#    81.77       76.95
        Trm Sel  23-27#    75.90       76.95
 BELLIES  Skn-on 10-12#   219.77      219.04
 BOXED    Skn-on 12-14#   181.78      191.73

BEEF

Des Moines, IA        Tue, May 30, 2023      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

Based on negotiated prices and volume of boxed beef cuts delivered 
Within -21 days and on average industry cutting yields. Values reflect
U.S. Dollars per 100 pounds.

                    MORNING             AFTERNOON
BEEF CUTOUTS    OPEN      CHNG       CLOSE     CHNG
                     05/30                05/30
 CH 600-900#    $305.02   +1.09      $304.96   +1.03
 SE 600-900#    $288.44   +3.52      $287.77   +2.85
   LOADS     
     Choice cuts      33.62                73.41
     Select cuts      10.89                20.71
     Trimmings         2.97                 7.64
     Coarse Grinds     8.28                13.40
     CH/SEL SPREAD   $16.58               $17.19

POULTRY

05/30 Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $139 to $162 cents FOB
16-24 lb toms $139 to $160 cents FOB

05/25 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/20      Week Ago    Yr Ago
                                     169,995     166,554     166,719

05/26 Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 05/26/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $143.04   +0.35   $118.00-$170.00     $142.69

05/24 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/20 - 241 million, down 1% from a year 
Ago.
Chick placement for the week ending 05/20 - 187 million, down 1% from a year
ago.

05/30 - New York Eggs
All prices are unchanged. The undertone is steady. Demand is mixed.
Offerings are light to moderate. Supplies are mostly moderate. Market
activity is moderate.

Extra Large    123-127
Large          121-125
Medium         112-116

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