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St Joseph, MO         Wed, Mar 20, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Wednesday 03/20/2019  (est)    120,000    3,000     479,000     8,000
Week ago (est)                 109,000    3,000     452,000     6,000
Year ago (act)                 118,000    2,000     454,000     8,000
Week to date (est)             355,000    7,000   1,409,000    28,000
Same Period Last Week (est)    348,000    7,000   1,404,000    23,000
Same Period Last Year (act)    355,000    6,000   1,384,000    27,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday          94,000            26,000

INDEX
                      03/20  03/19  03/18  03/15  03/14  03/13  03/12
CATFAX FED 6 STATE   127.29 127.12 127.09 127.09 127.21 127.64 128.10
CATFAX FED 3 STATE   127.00 127.00 127.00 127.00 127.27 127.74 128.00
CME FEEDER                  137.41 137.67 137.50 137.65 138.39 139.08
CME LEAN HOG         *60.75  59.22  57.54  56.54  55.40  54.13  53.12
3 Area LEAN HOG       58.85  57.20  55.79  54.35  53.11  51.84  50.72
**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        Thu, Mar 21, 2019      USDA Market News

03/21 AM CARCASS CUTOUT - $ 76.38   CHANGE  +2.33  TOTAL LD COUNT  122.41

03/20 PM CARCASS CUTOUT - $ 74.05   CHANGE  -0.09  TOTAL LD COUNT  274.98 

CARLOT PORK -  OPEN 03/21          CARLOT PORK -  CLOSE 03/20
LOADS - CUTS  113.09 TRIM   9.32   LOADS - CUTS  247.67  TRIM 27.32
LOINS 1/4" Trim VAC       89.30    LOINS 1/4" Trim VAC       87.81
LOINS BNLS CC Strap On   120.61    LOINS BNLS CC Strap On   114.23
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    75.28           Trm Sel  20-23#  No Test
       Trm Sel  23-27#    72.45           Trm Sel  23-27#    69.26
BELLIES  Skn-on 10-12#   200.62    BELLIES  Skn-on 10-12#   199.97
BOXED    Skn-on 12-14#   181.78    BOXED    Skn-on 12-14#   199.70

BEEF

Des Moines, IA        Thu, Mar 21, 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 03/21        BEEF CUTOUTS - CLOSE 03/20
CH 600-900# $228.85  +0.18        CH 600-900# $228.67  -0.66
SE 600-900# $219.17  +0.54        SE 600-900# $218.63  -0.83
LOADS     33.84 - Choice Cuts     LOADS     52.10 - Choice Cuts
           8.72 - Select Cuts               18.03 - Select Cuts
           0.00 - Trimmings                  3.95 - Trimmings
          10.72 - Coarse Grinds             25.87 - Coarse Grinds

POULTRY

03/14 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 03/09      Week Ago     Yr Ago     
                                     160,268      162,582    160,433

03/15 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 03/15    Week Ago      Yr Ago
                                              $ 92.00     $ 89.35     $ 99.04
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: February - $ 89.78

03/20 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 03/16 - 232 million, up 2% from a year ago
Chick placement for the week ending 03/16 - 186 million, up 2% from a year ago

03/21 - Daily New York Eggs
Prices for Medium are 2 cents lower, unchanged for Extra Large and Large.
Trade sentiment is mixed, but usually steady at best. Supplies are moderate
to occasionally heavy. Offerings are moderate. Demand is light to moderate.
Market activity is slow to moderate.

Extra Large     96-100
Large           94-98
Medium          81-85

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