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St Joseph, MO    Tue Nov 21, 2017     USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE   CALVES        HOGS     SHEEP
Tuesday 11/21/2017       (est  120,000    2,000     465,000     9,000
Week ago (est)                 118,000    2,000     465,000     9,000
Year ago (act)                 116,000    3,000     447,000     9,000
Week to date (est)             240,000    4,000     924,000    18,000
Same Period Last Week (est)    235,000    4,000     929,000    16,000
Same Period Last Year (act)    232,000    5,000     891,000    20,000
Previous Day Estimated       Steer and Heifer  Cow and Bull
                 Monday         98,000               22,000

**Revised Monday Hog Slaughter..459,000**

INDEX
                     11/21  11/20  11/17  11/16  11/15  11/14  11/13  11/10     
CATFAX FED 6 STATE   x     119.08 119.17 119.23 119.47 122.95 123.36 123.36   
CATFAX FED 3 STATE   x     118.87 119.01 119.12 119.12 123.56 123.87 123.87   
CME FEEDER           x     156.71 156.91 157.55 158.44 159.30 159.48 160.00   
CME LEAN HOG        *x      64.41  64.83  65.42  65.97  66.37  66.68  67.00     
 
3 Area LEAN HOG      61.12  61.29  61.36  62.26  62.84  63.19  63.65  63.96     
 

*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        Wed., Nov 22, 2017      USDA Market News

11/22 AM CARCASS CUTOUT - $ 82.03   CHANGE  +1.16  TOTAL LD COUNT  173.52

11/21 PM CARCASS CUTOUT - $ 80.87   CHANGE  -1.40  TOTAL LD COUNT  363.52

CARLOT PORK - OPEN 11/22            CARLOT PORK - CLOSE 11/21
LOADS - CUTS   143.07  TRIM 30.46   LOADS - CUTS   324.21  TRIM 39.31
LOINS 1/4" Trim VAC       83.42     LOINS 1/4" Trim VAC       81.21
LOINS BNLS CC Strap On   116.49     LOINS BNLS CC Strap On   114.00
HAMS - Trm Sel  17-20#    79.98     HAMS - Trm Sel  17-20#    75.79
       Trm Sel  20-23#    66.51            Trm Sel  20-23#    64.23
       Trm Sel  23-27#    59.09            Trm Sel  23-27#    60.25
BELLIES  Skn-on 10-12#   195.30     BELLIES  Skn-on 10-12#   188.74
BOXED    Skn-on 12-14#   No test    BOXED    Skn-on 12-14#   189.52

BEEF

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 11/22        BEEF CUTOUTS - CLOSE 11/21
CH 600-900# $208.92  +0.29        CH 600-900# $208.63  +2.45
SE 600-900# $188.91  +0.26        SE 600-900# $188.65  +0.60
LOADS    52.32 - Choice Cuts      LOADS    85.63 - Choice Cuts
         30.84  - Select Cuts              50.34 - Select Cuts
         16.48 - Trimmings                 19.48 - Trimmings
         18.59 - Coarse Grinds             22.23 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 11/17    Week Ago    Yr Ago
                                              $ 85.80    $ 86.12    $ 79.74
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: October  -  $ 84.84

11/15 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 11/11 - 220 million, up 1% from a year ago 
Chick placement for the week ending 11/11 - 175 million, up 2% from a year ago

11/22 - Daily New York Eggs
Prices are 3 cents higher for larger sizes, 1 cent higher for Medium.           
Trade sentiment is steady to higher.   Current supplies and offerings 
are light.  Demand into all channels is fairly good to good.  Market 
activity is moderate to active.                                
            
Extra Large    186-190
Large          184-188
Medium         126-130

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