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St Joseph, MO         Wed, Jun 26, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 06/26/2019  (est)    121,000    2,000     478,000     7,000
Week ago (est)                 121,000    2,000     479,000     8,000
Year ago (act)                 120,000    2,000     454,000     7,000
Week to date (est)             363,000    6,000   1,401,000    22,000
Same Period Last Week (est)    361,000    6,000   1,423,000    25,000
Same Period Last Year (act)    350,000    7,000   1,335,000    23,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday         96,000             25,000

**Revised Tuesday Sheep Slaughter..7,000  New Week to Date..15,000**

INDEX
                      06/25  06/24  06/21  06/20  06/19  06/18  06/17
CATFAX FED 6 STATE   110.74 110.76 110.77 110.50 112.13 112.24 112.24
CATFAX FED 3 STATE   109.92 109.92 109.92 109.95 111.28 111.42 111.42
CME FEEDER           131.53 131.46 131.41 131.43 132.99 133.05 133.21
CME LEAN HOG         *77.91  78.31  78.65  79.14  79.55  79.49  79.26
3 Area LEAN HOG       75.28  75.65  75.95  76.47  76.86  77.27  77.02
**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 26, 2019      USDA Market News

06/26 AM CARCASS CUTOUT - $ 74.63   CHANGE  -0.95  TOTAL LD COUNT  143.20

06/26 PM CARCASS CUTOUT - $ 73.97   CHANGE  -1.61  TOTAL LD COUNT  282.25

CARLOT PORK -  OPEN 06/26          CARLOT PORK -  CLOSE 06/26
LOADS - CUTS  122.49 TRIM  20.71   LOADS - CUTS  240.60  TRIM 41.65
LOINS 1/4" Trim VAC       89.98    LOINS 1/4" Trim VAC       90.63
LOINS BNLS CC Strap On   117.91    LOINS BNLS CC Strap On   120.04
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    65.03
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    65.21
       Trm Sel  23-27#    65.68           Trm Sel  23-27#    63.72
BELLIES  Skn-on 10-12#   205.77    BELLIES  Skn-on 10-12#   205.76
BOXED    Skn-on 12-14#   206.69    BOXED    Skn-on 12-14#   172.77

BEEF

Des Moines, IA        Wed, Jun 26, 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 steady to weak on light to moderate demand and 
moderate offerings. Select and Choice rib, chuck, round, and loin cuts steady.
Beef trimmings mostly slightly lower on light demand and offerings.

BEEF CUTOUTS -  OPEN 06/26        BEEF CUTOUTS - CLOSE 06/26  
CH 600-900# $220.23  +0.59        CH 600-900# $219.70  +0.06
SE 600-900# $199.16  +0.21        SE 600-900# $198.56  -0.39  
LOADS     36.36 - Choice Cuts     LOADS     71.29 - Choice Cuts
          18.19 - Select Cuts               41.36 - Select Cuts
           4.18 - Trimmings                  6.51 - Trimmings
          26.93 - Coarse Grinds             36.54 - Coarse Grinds

POULTRY

06/20 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 06/15      Week Ago     Yr Ago
                                     168,844      168,955    161,146

06/21 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 06/21    Week Ago      Yr Ago
                                              $ 93.96     $ 94.63     $118.19
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  May - $100.89

06/26 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 06/22 - 232 million, up slightly from a
year ago
Chick placement for the week ending 06/22 - 190 million, up 1% from a year ago

06/26 - Daily New York Eggs
Prices are unchanged. Trade sentiment is steady with caution noted. Supplies
are moderate, while 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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