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St Joseph, MO         Tue, Aug 11, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 08/11/2020    (est)    117,000    2,000     458,000     6,000
Week ago (est)                 116,000    2,000     459,000     6,000
Year ago (act)                 117,000    3,000     475,000     8,000
Week to date (est)             230,000    4,000     915,000    14,000
Same Period Last Week (est)    229,000    4,000     879,000    13,000
Same Period Last Year (act)    232,000    5,000     931,000    20,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                       Monday          90,000            23,000

**Revised Monday Cattle Slaughter..113,000**
**Revised Monday Hog Slaughter..457,000**

INDEX
                      08/10  08/07  08/06  08/05  08/04  08/03  07/31
CATFAX FED 6 STATE   101.16 101.15 100.80  99.98  98.53  98.20  98.19
CATFAX FED 3 STATE    99.87  99.87  99.81  99.58  96.89  96.89  96.89
CME FEEDER           142.33 142.61 141.92 140.79 140.60 140.50 139.80
CME LEAN HOG         *53.79  53.02  52.44  52.78  52.92  52.81  53.11
3 Area LEAN HOG       51.41  50.85  49.66  50.06  50.56  50.49  51.21
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        Tue, Aug 11, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

08/11 AM CARCASS CUTOUT - $ 75.09   CHANGE  +5.02  TOTAL LD COUNT  222.12

08/11 PM CARCASS CUTOUT - $ 70.39   CHANGE  +0.32  TOTAL LD COUNT  424.37

CARLOT PORK -  OPEN 08/11          CARLOT PORK -  CLOSE 08/11
LOADS - CUTS  200.69 TRIM  21.44   LOADS - CUTS  393.49 TRIM  30.88
LOINS 1/4" Trim VAC       81.05    LOINS 1/4" Trim VAC       82.74
LOINS BNLS CC Strap On   116.70    LOINS BNLS CC Strap On   110.55
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    44.14
       Trm Sel  23-27#    48.55           Trm Sel  23-27#    44.39
BELLIES  Skn-on 10-12#   227.82    BELLIES  Skn-on 10-12#   200.04
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   181.76

BEEF

Des Moines, IA        Tue, Aug 11, 2020      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.

BEEF CUTOUTS -  OPEN 08/11        BEEF CUTOUTS -  CLOSE 08/11
CH 600-900# $208.35  +1.15        CH 600-900# $208.08  +0.88
SE 600-900# $196.67  +2.74        SE 600-900# $195.02  +1.09
LOADS     51.83 - Choice Cuts     LOADS     84.28 - Choice Cuts
          13.03 - Select Cuts               23.42 - Select Cuts
           9.14 - Trimmings                 19.12 - Trimmings
          23.48 - Coarse Grinds             28.68 - Coarse Grinds

POULTRY

08/11 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $108 to $115 cents FOB
16-24 lb toms $108 to $114 cents FOB

08/06 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 08/01      Week Ago     Yr Ago
                                     165,886      163,998    172,347

08/07 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 08/07    Week Ago      Yr Ago
                                              $ 67.39    $ 64.89     $ 83.24
National Composite Wtd Avg for the Month of: July - $ 70.41

08/05 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 08/01 - 230 million, off 2% from a year ago
Chick placement for the week ending 08/01 - 187 million, down slightly from a 
year ago.

08/11 - Daily New York Eggs 
Prices are steady. The undertone is steady. Supplies are mostly light to 
moderate. The New York shell egg inventory is down 1 percent when compared to
last Monday. Offerings are moderate. Retail demand is mixed, but mostly
moderate. Market activity is slow to moderate.

Extra Large     76-80
Large           74-78
Medium          52-56

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