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St Joseph, MO         Thu, Feb 22, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 02/22/2018   (est)    117,000    2,000     463,000     8,000
Week ago (est)                 118,000    2,000     462,000     8,000
Year ago (act)                 116,000    1,000     443,000     8,000
Week to date (est)             441,000    8,000   1,802,000    30,000
Same Period Last Week (est)    460,000    8,000   1,850,000    30,000
Same Period Last Year (act)    445,000    7,000   1,762,000    29,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        86,000            25,000

INDEX
                     02/21  02/20  02/19  02/16  02/15  02/14  02/13  02/12
CATFAX FED 6 STATE  129.24 129.89 129.89 129.89 126.14 126.14 126.13 126.13
CATFAX FED 3 STATE  129.15 129.92 129.92 129.92 126.00 126.00 126.00 126.00
CME FEEDER          148.05 147.99 148.11 147.82 148.15 147.70 147.62 147.57
CME LEAN HOG        *70.17  70.78  71.41  72.09  72.89  73.49  74.01  74.30
3 Area LEAN HOG      67.50  67.97  68.94  69.12  69.82  70.56  71.03  71.67

*DTN projected Lean Hog Index, 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, Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, Oklahoma

PORK

Des Moines, IA        Thu, Feb 22, 2018      USDA Market News

02/22 AM CARCASS CUTOUT - $ 79.61   CHANGE  +0.88  TOTAL LD COUNT  177.99

02/22 PM CARCASS CUTOUT - $ 78.70   CHANGE  -0.03  TOTAL LD COUNT  317.43
 
CARLOT PORK - OPEN 02/22           CARLOT PORK - CLOSE 02/22
LOADS - CUTS  145.19  TRIM 32.80   LOADS - CUTS  257.03  TRIM 60.40
LOINS 1/4" Trim VAC       93.07    LOINS 1/4" Trim VAC       93.21
LOINS BNLS CC Strap On   117.69    LOINS BNLS CC Strap On   116.59
HAMS - Trm Sel  17-20#    72.58    HAMS - Trm Sel  17-20#    68.87
       Trm Sel  20-23#    69.48           Trm Sel  20-23#    68.60
       Trm Sel  23-27#    63.08           Trm Sel  23-27#    62.83
BELLIES  Skn-on 10-12#   191.19    BELLIES  Skn-on 10-12#   190.80
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   187.88

BEEF

Des Moines, IA        Thu, Feb 22, 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 on Select and higher on Choice with light to 
moderate demand and offerings. Select and Choice chuck and round cuts steady 
to weak while rib and loin firm to higher. Beef trimmings mostly sharply lower 
on light demand and offerings. 

BEEF CUTOUTS -  OPEN 02/22        BEEF CUTOUTS - CLOSE 02/22
CH 600-900# $217.41  +0.04        CH 600-900# $218.40  +1.03
SE 600-900# $212.14  +0.22        SE 600-900# $212.06  +0.14
LOADS     42.45 - Choice Cuts       LOADS   70.00 - Choice Cuts
           8.70 - Select Cuts               11.62 - Select Cuts
           0.00 - Trimmings                  5.47 - Trimmings
           6.06 - Coarse Grinds             11.29 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 02/16    Week Ago    Yr Ago
                                              $ 91.24    $ 90.63    $ 85.67
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: January - $ 94.00

02/21 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 02/17 - 227 million, up 2% from a year ago
Chick placement for the week ending 02/17 - 180 million, up slightly from a
year ago.

02/22 - Daily New York Eggs
Prices are 7 cents higher on Extra Large and Large, and 5 cents higher on
Medium. The undertone is firm. Supplies of all sizes are light to moderate for
current needs. Offerings are light to sufficient. Demand is moderate to fairly
good. Market activity is moderate to active.

Extra Large    158-162
Large          156-160
Medium         122-126

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