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St Joseph, MO         Fri, May 03, 2024      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Friday                       119,000     1,000     468,000     5,000
Week ago                     113,000     1,000     439,000     3,000
Year ago (act)               117,174     1,000     455,520     4,728
Week to Date                 599,000     5,000   2,387,000    36,000
Same Period Last Week        601,000     5,000   2,375,000    34,000
Same Period Last Year*       611,689     5,036   2,318,000    34,122
2024 Year to Date         10,748,013    80,650  44,796,626   657,425
2023*Year to Date         11,266,690   106,858  44,465,581   652,334
Percent Change                 -4.6%    -24.5%       +0.7%     +0.8%

Saturday                      20,000         0      19,000         0
Week ago                      12,000         0       4,000         0
Year ago (act)                10,174         0     135,000         0
Week to Date                 619,000     5,000   2,486,000    36,000
Same Period Last Week        613,000     5,000   2,379,000    34,000
Same Period Last Year*       621,689     5,000   2,452,000    34,142
2024 Year to Date         10,768,013    80,650  44,815,626   657,425
2023*Year to Date         11,276,852   106,940  44,600,128   652,354
Percent Change                 -4.5%    -24.6%       +0.5%     +0.8%
Previous Day Breakdown           Steers/Heifers     Cows/Bulls
                     Thursday       96,000           24,000
    2024 *Totals subject to revision / 2023 *Totals adjusted to reflect 
          NASS Revisions / Yearly totals may not add due to rounding.

INDEXES
                        05/02  05/01  04/30  04/29  04/26  04/25  04/24
CATFAX FED 6 STATE     186.25 184.62 183.37 183.32 183.23 182.92 182.47
CATFAX FED 3 STATE     184.00 184.00 184.00 184.00 182.00 181.97 181.96
CME FEEDER             242.39 243.37 247.06 247.03 247.18 245.53 245.15
CME LEAN HOG           *90.96  90.92  90.60  90.26  90.36  90.88  91.43
3 Area LEAN HOG         88.80  88.78  88.39  88.30  88.44  88.80  89.18
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        Fri, May 03, 2024      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
05/03 MORNING     $ 99.37      +1.49      159.07
05/03 AFTERNOON   $ 98.12      +0.24      262.08 

CARLOT PORK                 OPEN         CLOSE
 DATE                      05/03         05/03
 LOADS - CUTS             143.98        234.47
 LOADS - TRIM              15.09         27.62
 LOINS 1/4" Trim VAC      133.85        134.60
 LOINS BNLS CC Strap On   168.43        158.55
 HAMS - Trm Sel  17-20#  No Test       No Test
        Trm Sel  20-23#  No Test       No Test
        Trm Sel  23-27#    82.81         83.38
 BELLIES  Skn-on 10-12#   270.93        270.32
 BOXED    Skn-on 12-14#  No Test       No Test

BEEF

Des Moines, IA        Fri, May 03, 2024      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

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.
                    MORNING            AFTERNOON
BEEF CUTOUTS    OPEN      CHNG      CLOSE     CHNG
                     05/03               05/03
 CH 600-900#    $294.92  +2.02      $294.20  +1.30
 SE 600-900#    $288.49  +0.51      $287.65  -0.33
    LOADS   
     Choice cuts     28.04               52.61
     Select cuts     10.64               16.01
     Trimmings        7.51                8.22
     Coarse Grinds   12.79               20.05
     CH/SEL SPREAD  $ 6.43              $ 6.55

POULTRY

05/03 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $ 84 to $103 cents FOB
16-24 lb toms $ 86 to $105 cents FOB

05/02 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 04/27      Week Ago    Yr Ago
                                     163,751     162,094     165,811

05/03 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 05/0332024
      Wtd Avg    Chg         Range         Wk Ago Avg
      $132.53   +0.52   $103.00-$155.00     $132.01

05/01 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 04/27 - 247 million, up 2% from a year ago
Chick placement for the week ending 04/27 - 190 million, up 2% from a year ago

05/03 - New York Eggs
Prices are 5 cents lower for Extra Large and Large and down 4 cents for         
Medium.  The undertone is weak.  Demand is light to moderate.  Offerings        
are moderate.  Supplies are mostly moderate.  Market activity is slow to        
moderate.

Extra Large   163-167
Large         161-165
Medium        157-161
    ** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, USDA GRADE A AND 
GRADE A, WHITE EGGS IN CARTONS, DELIVERED STORE DOOR, CENTS PER DOZEN.**

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