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St Joseph, MO         Thu, Jun 21, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 06/21/2018   (est)    121,000    2,000     444,000     8,000
Week ago (est)                 116,000    2,000     443,000     8,000
Year ago (act)                 116,000    1,000     437,000     9,000
Week to date (est)             478,000    8,000   1,744,000    32,000
Same Period Last Week (est)    468,000    8,000   1,782,000    32,000
Same Period Last Year (act)    468,000    7,000   1,735,000    33,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday       94,000             25,000

**Revised Wednesday Hog Slaughter..437,000  New Week to Date..1,300,000**

INDEX
                     06/20  06/19  06/18  06/15  06/14  06/13  06/12
CATFAX FED 6 STATE  111.73 111.77 111.83 111.87 114.63 114.82 114.83
CATFAX FED 3 STATE  112.50 112.50 112.50 112.50 114.97 114.97 114.97
CME FEEDER          142.21 141.41 141.48 141.28 140.73 140.70 141.02
CME LEAN HOG        *85.79  85.14  84.05  82.86  81.44  80.09  78.71
3 Area LEAN HOG      82.71  82.10  81.55  80.15  78.83  77.07  75.83
*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, June 21, 2018     USDA Market News

06/21 AM CARCASS CUTOUT - $ 84.70   CHANGE  -0.18  TOTAL LD COUNT  121.00

06/21 PM CARCASS CUTOUT - $ 85.04   CHANGE  +0.16  TOTAL LD COUNT  212.80
 
CARLOT PORK -  OPEN 06/21          CARLOT PORK - CLOSE 06/21
LOADS - CUTS  102.63 TRIM 18.37   LOADS - CUTS  182.26  TRIM 30.55
LOINS 1/4" Trim VAC      105.44    LOINS 1/4" Trim VAC      104.30
LOINS BNLS CC Strap On   112.65    LOINS BNLS CC Strap On   113.83
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    60.17           Trm Sel  20-23#    60.71
       Trm Sel  23-27#    60.04           Trm Sel  23-27#    60.04
BELLIES  Skn-on 10-12#   202.81    BELLIES  Skn-on 10-12#   207.91
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Thu, Jun 21, 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 lower on Choice and firm on Select on light to
moderate demand and offerings. Select and Choice rib, round, and loin cuts
steady. Choice chuck cuts weak while Select higher. Beef trimmings generally
steady on moderate demand and offerings.

BEEF CUTOUTS -  OPEN 06/21        BEEF CUTOUTS - CLOSE 06/21 
CH 600-900# $217.40  -0.89        CH 600-900# $217.41  -0.88
SE 600-900# $201.42  +0.37        SE 600-900# $201.61  +0.56
LOADS     26.62 - Choice Cuts     LOADS     55.28 - Choice Cuts
          15.18 - Select Cuts               20.81 - Select Cuts
           3.22 - Trimmings                  9.36 - Trimmings
           7.58 - Coarse Grinds             15.04 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 06/15   Week Ago     Yr Ago
                                              $120.03    $121.00    $107.79
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  May - $117.59

06/20 - Weekly Egg Sets & Chicks Placed - 
Weekly Egg Sets for the week ending 06/16 - 231 million, up 3% from a year ago
Chick placement for the week ending 06/16 - 188 million, up 2% from a year ago

06/21 - Daily New York Eggs
Extra Large and Large egg prices are 5 cent higher; Medium are unchanged. The
undertone is higher on larger sizes. Supplies are light to moderate. Offerings
are light for the moderate to fairly good demand. Market activity is moderate.

Extra Large    125-129
Large          123-127
Medium          83-87

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