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St Joseph, MO         Fri, Jul 20, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Friday 07/20/2018     (est)    119,000    2,000     434,000     6,000
Week ago (est)                 118,000    2,000     438,000     6,000
Year ago (act)                 115,000    2,000     425,000     6,000
Week to date (est)             595,000   10,000   2,234,000    36,000
Same Period Last Week (est)    597,000   10,000   2,249,000    36,000
Same Period Last Year (act)    572,000    9,000   2,157,000    37,000

Saturday 07/21/2018   (est)     40,000        0     148,000     1,000
Week ago (est)                  53,000        0      26,000         0
Year ago (act)                  45,000        0      47,000         0
Week to date (est)             635,000   10,000   2,382,000    37,000
Same Period Last Week (est)    650,000   10,000   2,275,000    36,000
Same Period Last Year*(act)    618,000   10,000   2,203,000    37,000
2018 Year to Date            17,918,00  294,000  67,189,000 1,097,000
2017 *Year to Date           17,384,00  274,000  65,247,000 1,065,000
Percent change                    3.1%     7.4%        3.0%      3.0%
2018 *Totals subject to revision
2017 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated            Steer and Heifer   Cow and Bull
                      Thursday         97,000           24,000

**Revised Thursday Hog Slaughter..447,000  New Week-to-Date..1,800,000**

INDEX
                     07/19  07/18  07/17  07/16  07/13  07/12  07/11
CATFAX FED 6 STATE  110.63 110.63 110.63 110.63 110.63 112.96 112.96
CATFAX FED 3 STATE  110.95 110.95 110.94 110.94 110.94 112.72 112.71
CME FEEDER          148.02 148.31 148.59 148.37 148.27 148.16 147.16
CME LEAN HOG        *77.83  78.62  79.15  79.69  80.34  80.91  81.26
3 Area LEAN HOG      74.70  75.42  76.01  76.59  77.12  77.76  78.20
*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, Jul 20, 2018      USDA Market News

07/20 AM CARCASS CUTOUT - $ 80.86   CHANGE  -1.83  TOTAL LD COUNT  173.20

07/20 PM CARCASS CUTOUT - $ 80.86   CHANGE  -1.83  TOTAL LD COUNT  331.90

CARLOT PORK -  OPEN 07/20          CARLOT PORK - CLOSE 07/20
LOADS - CUTS  152.28 TRIM 20.92   LOADS - CUTS  300.07  TRIM 31.82
LOINS 1/4" Trim VAC       99.95    LOINS 1/4" Trim VAC       98.48
LOINS BNLS CC Strap On   111.55    LOINS BNLS CC Strap On   112.78
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    59.55
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    59.55
       Trm Sel  23-27#  No Test           Trm Sel  23-27#    58.11
BELLIES  Skn-on 10-12#   227.11    BELLIES  Skn-on 10-12#   229.71
BOXED    Skn-on 12-14#   213.91    BOXED    Skn-on 12-14#   205.09

BEEF

Des Moines, IA        Fri, Jul 20, 2018      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 steady to weak on light to moderate demand and light 
offerings. Select and Choice rib, chuck, round, and loin cuts steady. Beef 
trimmings sharply higher on good demand and moderate offerings.

BEEF CUTOUTS -  OPEN 07/20        BEEF CUTOUTS - CLOSE 07/20 
CH 600-900# $203.92  -0.57        CH 600-900# $204.17  -0.32
SE 600-900# $196.75  -0.17        SE 600-900# $197.00  +0.08
LOADS     26.67 - Choice Cuts     LOADS     40.29 - Choice Cuts
           4.03 - Select Cuts                8.93 - Select Cuts
           9.40 - Trimmings                 16.67 - Trimmings
          17.83 - Coarse Grinds             32.35 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 07/20   Week Ago     Yr Ago
                                              $111.41    $112.48    $101.96
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: June - $118.92

07/18 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/14 - 228 million, up 1% from a year ago
Chick placement for the week ending 07/14 - 186 million, up 2% from a year ago

07/20 - Daily New York Eggs
Prices are 5 cents lower for Extra Large and Large, and 2 cents lower for
Medium. The undertone is lower. Supplies and offerings of all sizes are
moderate to heavy. Demand entering the weekend is mostly light to
moderate. Market activity is slow to moderate.

Extra Large    124-128
Large          122-126
Medium          66-70

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