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St Joseph, MO         Thu, Oct 22, 2020      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 10/22/2020            120,000    1,000     492,000     8,000
Week ago                       120,000    1,000     482,000     8,000
Year ago (act)                 117,000    2,000     488,000     8,000
Week to date                   480,000    7,000   1,949,000    33,000
Same Period Last Week          476,000    7,000   1,937,000    32,000
Same Period Last Year (act)    472,000   10,000   1,958,000    34,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Wednesday        95,000            26,000

INDEX
                       10/21  10/20  10/19  10/16  10/15  10/14  10/13
CATFAX FED 6 STATE    105.65 106.77 107.23 107.84 108.35 108.33 108.50
CATFAX FED 3 STATE    106.05 106.87 107.11 108.06 108.68 108.62 108.80
CME FEEDER            135.53 138.36 138.66 140.26 140.22 140.91 140.92
CME LEAN HOG          *78.60  78.69  78.62  78.27  78.23  78.49  78.24
3 Area LEAN HOG        76.84  76.90  77.20  76.82  76.21  76.32  76.53
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        Thu, Oct 22, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

10/22 AM CARCASS CUTOUT - $102.15   CHANGE  +3.99  TOTAL LD COUNT  207.23

10/22 PM CARCASS CUTOUT - $ 98.84   CHANGE  +0.68  TOTAL LD COUNT  328.60

CARLOT PORK -  OPEN 10/22          CARLOT PORK -  CLOSE 10/22
LOADS - CUTS  160.56 TRIM  46.67   LOADS - CUTS  276.16 TRIM  52.44
LOINS 1/4" Trim VAC       89.40    LOINS 1/4" Trim VAC       89.07
LOINS BNLS CC Strap On   120.98    LOINS BNLS CC Strap On   122.19
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    71.45           Trm Sel  20-23#    71.88
       Trm Sel  23-27#    69.22           Trm Sel  23-27#    69.36
BELLIES  Skn-on 10-12#   260.63    BELLIES  Skn-on 10-12#   261.37
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Thu, Oct 22, 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 10/22        BEEF CUTOUTS -  CLOSE 10/22
CH 600-900# $209.52  +1.05        CH 600-900# $208.86  +0.39
SE 600-900# $191.94  +1.06        SE 600-900# $191.08  +0.17
LOADS     38.81 - Choice Cuts     LOADS     90.97 - Choice Cuts
          20.77 - Select Cuts               35.58 - Select Cuts
           5.34 - Trimmings                 19.13 - Trimmings
           7.63 - Coarse Grinds             14.61 - Coarse Grinds

POULTRY

10/22 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $114 to $120 cents FOB
16-24 lb toms $114 to $119 cents FOB

10/22 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 10/17      Week Ago     Yr Ago
                                     168,430      168,297    174,327

10/16 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 10/16    Week Ago      Yr Ago
                                              $ 67.87    $ 65.06      $ 78.49
National Composite Wtd Avg for the Month of: September - $ 63.58

10/21 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 10/17 - 220 million, off 2% from a year ago
Chick placement for the week ending 10/17 - 182 million, off 1% from a year ago

10/22 - Daily New York Eggs 
All prices are two cents lower. The undertone is at best steady to weak. 
Supplies are moderate to heavy. Offerings are light to moderate. Retail demand
is moderate to fairly good. Market activity is moderate to slow. 

Extra Large    117-121
Large          115-119
Medium         104-108

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