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St Joseph, MO    Wed Sep 08, 2010       USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES      HOGS      SHEEP
Wednesday 09/08/2010     (est)   131,000     3,000     422,000    10,000
Week ago (est)                   130,000     3,000     413,000     9,000
Year ago (act)                   130,000     4,000     432,000    11,000
Week to date (est)               265,000     8,000     843,000    21,000
Same Period Last Week (est)      390,000    10,000   1,221,000    25,000
Same Period Last Year (act)      262,000    10,000     868,000    23,000
Previous Day Estimated        Steer and Heifer    Cow and Bull
                 Tuesday         105,000                26,000

 LIVESTOCK INDEXES 
                    09/07  09/06  09/03  09/02  09/01  08/31  08/30  08/27
CATFAX FED 6 STATE  96.58  96.83  96.83  96.82  96.82  97.31  99.18  99.19
CATFAX FED 3 STATE  96.83  96.90  96.90  96.90  96.90  97.49  99.49  99.49
CME FEEDER                   .   113.75 113.85 114.12 114.47 114.73 115.04
CME LEAN HOG       *81.53   x.xx  81.44  81.95  82.66  83.01  83.34  83.89
3 Area LEAN HOG     80.81   x.xx  80.35  80.82  81.54  82.39  82.36  83.08

NOTES: 3 AREA LEAN: 3 area lean value base cost for 51-52 % lean hogs
CATFAX FED 6 STATES: Iowa, Colorado, Kansas, Nebraska, Texas, Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, Oklahoma

*DTN projected Lean Hog Index, only an estimate that may vary one or two cents 
from actual.

Des Moines, IA     Wed, Sep 08, 2010     USDA Market News

USDA NATIONAL CARLOT PORK REPORT as of:  11:30 A.M.
Purchases equated to FOB Omaha Basis.

Compared to Tuesday's Close: Freesh 1/4" trim loins steady; butts 4.00 lower; 
processing cuts and lean trimmings not established. Trading slow, with light 
demand and offerings.

09/07 Pork Carcass Cutout Value $90.47  Change - .84  Loads  61.50

CARLOT PORK - OPEN 09/08               CARLOT PORK - CLOSE 09/07
LOADS - CUTS    16.5    TRIM  5.0      LOADS - CUTS     55.5  TRIM  6.0
LOINS 1/4" 21#-DN    122.00            LOINS 1/4" 21#-DN    107-122 Weak
LOINS STRAP ON 5-11" No Test           LOINS STRAP ON 5-11" 150-160 Weak
HAMS    17-20#       No Test           HAMS    17-20#       No Test
        20-23#       No Test                   20-23#       No Test
        23-27#       No Test                   23-27#       No Test
BELLIES 10-12#       No Test           BELLIES 10-12#       No Test
        12-14#       No Test                   12-14#       138-150 Stdy/Wk
        14-16#       No Test                   14-16#       138-150 Stdy/Wk
        16-18#       No Test                   16-18#       No Test
        18-20#       No Test                   18-20#       No Test

Des Moines, IA       Wed, Sep 08, 2010         USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30pm

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 09/08             BEEF CUTOUTS - CLOSE 09/07
CH 6-900#     161.98   + .23          CH 6-900#     161.75    - .92
SE 6-900#     156.14   + .23          SE 6-900#     155.91    - .01
LOADS    79.83 - Choice Cuts          LOADS    94.80 - Choice cuts
         57.43 - Select Cuts                   59.08 - Select Cuts
         15.47 - Trimmings                     13.26 - Trimmings
         47.44 - Coarse Grinds                 38.86 - Coarse Grinds

09/01 Weekly Pork Belly
                    Week Ending 08/28/10      Year Ago
                    Chicago  Outside  Total   Chicago    Outside   Total
In                     0         0        0       0        1535    1535
Out                    0      1471     1471       0        4428    4428
Stocks                 0      1470     1470       0       31085   31085
Net Movement           0     -1471    -1471       0       -2893   -2893
12/18 pound stocks                      371                       26719

POULTRY 

Composite Average Broilers/Fryers  09/07  Week Ago   Year Ago   Loads
  12-City                          85.09   85.62      73.99      374

09/08/10 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 09/04 - 203 million, up 4% from eggs sets a 
year ago.  Chick placement week ended 09/04 - 170 million, up 2% from a year 
ago.

09/08 New York Eggs
Extra Large   106-110
Large         104-108
Medium         63-67


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