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St Joseph, MO         Thu, Dec 05, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 12/05/2019   (est)    120,000    2,000     496,000     8,000
Week ago (est)                   2,000        0       2,000         0
Year ago (act)                 122,000    2,000     474,000     8,000
Week to date (est)             477,000    9,000   1,982,000    31,000
Same Period Last Week (est)    343,000    7,000   1,467,000    21,000
Same Period Last Year (act)    482,000   10,000   1,903,000    35,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        90,000            27,000

**Revised Wednesday Cattle Slaughter..117,000  New Week to Date..357,000**

INDEX
                      12/04  12/03  12/02  11/29  11/28  11/27  11/26
CATFAX FED 6 STATE   118.79 118.69 118.69 118.69 118.45 117.64 116.18
CATFAX FED 3 STATE   118.90 118.38 118.38 118.38 118.34 117.74 115.95
CME FEEDER           144.53 145.19 145.03 144.97+144.62 144.71 145.02
CME LEAN HOG         *58.34  58.20  57.38  57.35   NA    58.35  58.60
3 Area LEAN HOG       56.76  57.21  56.36  54.77   NA    55.78  56.84
NA = Not Available
**NA = Not Available Due to Packer Submission Issues.
+ Before the CME Feeder price indicates a revision by the CME.
* = Projection. CME 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, Dec 05, 2019      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/05 AM CARCASS CUTOUT - $ 83.32   CHANGE  +2.32  TOTAL LD COUNT  149.89

12/05 PM CARCASS CUTOUT - $ 81.36   CHANGE  +0.36  TOTAL LD COUNT  292.24

CARLOT PORK -  OPEN 12/05          CARLOT PORK -  CLOSE 12/05
LOADS - CUTS  129.55 TRIM  20.34   LOADS - CUTS  261.14  TRIM 31.10
LOINS 1/4" Trim VAC       81.36    LOINS 1/4" Trim VAC       82.81
LOINS BNLS CC Strap On   126.11    LOINS BNLS CC Strap On   126.70
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    83.56           Trm Sel  20-23#    84.43
       Trm Sel  23-27#    88.81           Trm Sel  23-27#    90.11
BELLIES  Skn-on 10-12#   209.47    BELLIES  Skn-on 10-12#   210.10
BOXED    Skn-on 12-14#   198.26    BOXED    Skn-on 12-14#   191.17

BEEF

Des Moines, IA        Thu, Dec 05, 2019      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 light demand and moderate offerings. Select
and Choice round and loin cuts steady to weak while chuck cuts weak to lower.
Choice rib cuts firm while Select weak. Beef trimmings sharply lower on light
demand and heavy offerings.

BEEF CUTOUTS -  OPEN 12/05        BEEF CUTOUTS - CLOSE 12/05
CH 600-900# $225.84  -1.11        CH 600-900# $225.60  -1.35
SE 600-900# $208.99  -1.32        SE 600-900# $208.12  -2.19 
LOADS     41.67 - Choice Cuts     LOADS     85.60 - Choice Cuts
           8.74 - Select Cuts               14.26 - Select Cuts
           4.89 - Trimmings                 38.42 - Trimmings
          17.54 - Coarse Grinds             24.67 - Coarse Grinds

POULTRY

12/05 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $95 to $103 cents FOB
16-24 lb toms $87 to $103 cents FOB

12/05 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/30      Week Ago     Yr Ago
                                     129,887      164,828    165,509

11/29 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 11/29    Week Ago      Yr Ago
                                              $ 79.50     $ 77.00     $ 87.20
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  November -  $ 78.30

12/04 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 11/30 - 233 million, up 1% from a year ago
Chick placement for the week ending 11/30 - 182 million, up 2% from a year ago

12/05 - Daily New York Eggs
Prices are 6 cents lower for heavier weights, 3 cents lower for Medium. The 
undertone is lower. Supplies are moderate to heavy, while offerings remain
moderate. Demand is light to moderate. Market activity is slow to moderate.

Extra Large    146-150
Large          144-148
Medium          94-98

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