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St Joseph, MO Fri, May 10, 2024 USDA Market News
Daily Livestock Slaughter Under Federal Inspection
CATTLE CALVES HOGS SHEEP
Friday 120,000 1,000 473,000 4,000
Week ago 119,000 1,000 462,000 5,000
Year ago (act) 124,174 1,000 456,000 6,000
Week to Date 609,000 5,000 2,381,000 34,000
Same Period Last Week 599,000 5,000 2,381,000 36,000
Same Period Last Year* 629,689 5,000 2,305,430 34,000
2024 Year to Date 11,380,736 84,251 47,196,470 693,460
2023*Year to Date 11,906,187 112,274 46,904,856 686,136
Percent Change -4.4% -25.0% +0.6% +1.1%
Saturday 13,000 0 9,000 0
Week ago 23,000 0 26,000 0
Year ago (act) 15,174 0 57,000 0
Week to Date 622,000 5,000 2,390,000 34,000
Same Period Last Week 622,000 5,000 2,407,000 36,000
Same Period Last Year* 644,689 5,000 2,362,430 34,000
2024 Year to Date 11,393,736 84,251 47,205,470 693,460
2023*Year to Date 11,921,165 112,375 46,961,659 686,156
Percent Change -4.4% -25.0% +0.5% +1.1%
Previous Day Breakdown Steers/Heifers Cows/Bulls
Thursday 98,000 24,000
2024 *Totals subject to revision / 2023 *Totals adjusted to reflect
NASS Revisions / Yearly totals may not add due to rounding.
INDEXES
05/09 05/08 05/07 05/06 05/03 05/02 05/01
CATFAX FED 6 STATE 185.22 184.00 184.00 185.92 185.86 186.25 184.62
CATFAX FED 3 STATE 184.01 184.00 184.00 184.00 184.00 184.00 184.00
CME FEEDER 240.61 240.38 239.45 239.53 240.05 242.39 243.37
CME LEAN HOG *91.32 91.28 91.28 91.03 90.80 90.96 90.92
3 Area LEAN HOG 89.21 89.03 89.07 88.75 88.72 88.80 88.78
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 10, 2024 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS CUTOUT CHANGE TOTAL LDS
05/10 MORNING $100.18 +1.75 150.25
05/10 AFTERNOON $ 99.77 +1.34 288.40
CARLOT PORK OPEN CLOSE
DATE 05/10 05/10
LOADS - CUTS 132.40 259.65
LOADS - TRIM 17.86 28.75
LOINS 1/4" Trim VAC 128.43 128.58
LOINS BNLS CC Strap On 168.24 166.81
HAMS - Trm Sel 17-20# No Test No Test
Trm Sel 20-23# No Test 88.04
Trm Sel 23-27# 87.45 88.56
BELLIES Skn-on 10-12# 257.92 259.22
BOXED Skn-on 12-14# No Test No Test
BEEF
Des Moines, IA Fri, May 10, 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
05/10 05/10
CH 600-900# $294.20 -1.19 $294.57 -0.82
SE 600-900# $284.91 -0.85 $284.17 -1.59
LOADS
Choice cuts 74.05 93.95
Select cuts 15.02 26.88
Trimmings 0.00 6.12
Coarse Grinds 24.89 28.37
CH/SEL SPREAD $ 9.29 $10.40
POULTRY
05/10 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
8-16 lb hens $ 88 to $103 cents FOB
16-24 lb toms $ 88 to $105 cents FOB
05/09 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/04 Week Ago Yr Ago
166,246 163,751 166,543
05/10 - 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
05/08 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/04 - 247 million, up 1% from a year ago
Chick placement for the week ending 05/04 - 190 million, up 2% from a year ago
05/10 - New York Eggs
Prices are unchanged for Extra Large, Large and Medium. The undertone is
steady. Demand is light to moderate. Offerings are light to moderate. Supplies
are moderate. Market activity is slow to moderate.
Extra Large 159-163
Large 157-161
Medium 153-157
** 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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