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St Joseph, MO         Wed, Jun 19, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Wednesday 06/19/2019  (est)    121,000    2,000     479,000     8,000
Week ago (est)                 121,000    2,000     478,000     8,000
Year ago (act)                 118,000    2,000     437,000     7,000
Week to date (est)             361,000    6,000   1,423,000    25,000
Same Period Last Week (est)    364,000    6,000   1,421,000    24,000
Same Period Last Year (act)    352,000    5,000   1,297,000    22,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday          95,000            25,000

INDEX
                      06/18  06/17  06/14  06/13  06/12  06/11  06/10
CATFAX FED 6 STATE   112.24 112.24 112.24 112.70 113.88 113.86 113.47
CATFAX FED 3 STATE   111.42 111.42 111.42 111.41 113.06 113.09 112.84
CME FEEDER           133.02 133.21 133.55 134.25 133.36 133.29 132.91
CME LEAN HOG         **NA    79.26  79.27  79.46  79.57  79.54  79.66
3 Area LEAN HOG      **NA    77.02  76.68  76.88  77.05  77.18  77.17
**NA = Not Available Due to Packer Submission Issues.

*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        Wed, Jun 19, 2019      USDA Market News

06/19 AM CARCASS CUTOUT - $ 80.35   CHANGE  -0.80  TOTAL LD COUNT  147.43

06/19 PM CARCASS CUTOUT - $ 77.69   CHANGE  -3.46  TOTAL LD COUNT  354.23

CARLOT PORK -  OPEN 06/19          CARLOT PORK -  CLOSE 06/19
LOADS - CUTS  132.20 TRIM  15.23   LOADS - CUTS  311.71  TRIM 42.52
LOINS 1/4" Trim VAC      103.32    LOINS 1/4" Trim VAC      104.76
LOINS BNLS CC Strap On   115.40    LOINS BNLS CC Strap On   117.64
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    69.42           Trm Sel  20-23#    69.92
       Trm Sel  23-27#    68.63           Trm Sel  23-27#    64.33
BELLIES  Skn-on 10-12#   206.26    BELLIES  Skn-on 10-12#   204.91
BOXED    Skn-on 12-14#   186.06    BOXED    Skn-on 12-14#   189.88

BEEF

Des Moines, IA       Wed, Jun 19, 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 firm to higher on moderate to firm demand and 
offerings. Select and Choice rib, chuck, round, and loin cuts steady to 
firm. Beef trimmings moderately to sharply higher on good demand and 
moderate offerings.

BEEF CUTOUTS -  OPEN 06/19        BEEF CUTOUTS - CLOSE 06/19  
CH 600-900# $221.92  +1.39        CH 600-900# $221.59  +1.06
SE 600-900# $203.49  +1.69        SE 600-900# $202.24  +0.44  
LOADS     61.41 - Choice Cuts     LOADS     83.24 - Choice Cuts
          19.24 - Select Cuts               39.68 - Select Cuts
           7.09 - Trimmings                 12.45 - Trimmings
          18.21 - Coarse Grinds             48.47 - Coarse Grinds

POULTRY

06/13 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 06/08      Week Ago     Yr Ago
                                     168,955      148,805    163,861

06/14 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 06/14    Week Ago      Yr Ago
                                              $ 94.63     $ 97.03     $120.03
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  May - $100.89

06/19 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 06/15 - 229 million, down slightly from a
year ago
Chick placement for the week ending 06/15 - 190 million, up 2% from a year ago

06/19 - Daily New York Eggs
Prices are unchanged. The undertone is steady. Supplies of all sizes are light
to moderate to satisfy current trade needs. Offerings are light to moderate.
Retail and distributive demand is moderate to fairly good. Market activity is
moderate. 

Extra Large     82-86
Large           80-84
Medium          52-56

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