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St Joseph, MO         Thu, Jan 18, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Thursday 01/18/2018   (est)    118,000    2,000     432,000     9,000
Week ago (est)                 118,000    2,000     436,000     8,000
Year ago (act)                 116,000    2,000     445,000     7,000
Week to date (est)             471,000    8,000   1,726,000    33,000
Same Period Last Week (est)    472,000    8,000   1,815,000    32,000
Same Period Last Year (act)    411,000    8,000   1,632,000    29,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        92,000            25,000

INDEX
                     01/17  01/16  01/15  01/12  01/11  01/10  01/09  01/08
CATFAX FED 6 STATE  119.63 119.61 119.70 119.99 121.12 121.13 121.16 121.42
CATFAX FED 3 STATE  119.49 119.39 119.41 119.95 121.26 121.27 121.28 121.40
CME FEEDER          146.47 145.01 145.38 145.84 146.80 148.81 151.57 152.42
CME LEAN HOG        *73.55  72.99  71.92  71.15  69.80  68.46  67.28  66.37
3 Area LEAN HOG      70.75  70.45  69.88  68.75  67.58  66.21  64.72  63.59

*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, Jan 18, 2018      USDA Market News

01/18 AM CARCASS CUTOUT - $ 80.86   CHANGE  -0.09  TOTAL LD COUNT  131.03

01/18 PM CARCASS CUTOUT - $ 80.67   CHANGE  -0.28  TOTAL LD COUNT  245.48
 
CARLOT PORK - OPEN 01/18           CARLOT PORK - CLOSE 01/18
LOADS - CUTS  108.18  TRIM 22.86   LOADS - CUTS  203.04  TRIM 42.44
LOINS 1/4" Trim VAC       84.99    LOINS 1/4" Trim VAC       82.15
LOINS BNLS CC Strap On   112.52    LOINS BNLS CC Strap On   111.59
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    68.90
       Trm Sel  20-23#    68.59           Trm Sel  20-23#    68.84
       Trm Sel  23-27#    65.04           Trm Sel  23-27#    65.74
BELLIES  Skn-on 10-12#   203.92    BELLIES  Skn-on 10-12#   204.08
BOXED    Skn-on 12-14#   183.23    BOXED    Skn-on 12-14#   188.98

BEEF

Des Moines, IA        Thu, Jan 18, 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 firm to higher on light to moderate demand and 
moderate to heavy offerings. Select and Choice rib, chuck, and loin cuts firm
to higher while round cuts steady to weak. Beef trimmings weak on light demand
and offerings.

BEEF CUTOUTS -  OPEN 01/18        BEEF CUTOUTS -  CLOSE 01/18
CH 600-900# $205.64  +0.34        CH 600-900# $205.69  +0.39
SE 600-900# $200.99  +1.38        SE 600-900# $200.87  +1.26
LOADS     56.53 - Choice Cuts       LOADS   96.39 - Choice Cuts
          29.67 - Select Cuts               37.60 - Select Cuts
           0.00 - Trimmings                  3.58 - Trimmings
           9.18 - Coarse Grinds             14.15 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 01/12    Week Ago    Yr Ago
                                              $ 96.09    $ 95.00    $ 86.66
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: December - $ 87.33

01/17 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 01/13 - 226 million, up 3% from a year ago
Chick placement for the week ending 01/13 - 183 million, up 3% from a year ago

01/18 - Daily New York Eggs 
Extra Large and Large egg prices are 6 cent higher; 2 cents higher for Medium.
The undertone is higher. Supplies are light to moderate. Offerings are light.
Demand is moderate to good. Market activity is moderate to active.

Extra Large    130-134
Large          128-132
Medium         104-108

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