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St Joseph, MO         Mon, Sep 28, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 09/28/2020     (est)    118,000    2,000     489,000     8,000
Week ago (est)                 120,000    2,000     478,000     8,000
Year ago (act)                 116,000    2,000     485,000     8,000
Previous Day Estimated            Steer & Heifer        Cow & Bull
                      Friday          87,000              25,000
                      Saturday        50,000               7,000

**Revised Friday Hog Slaughter...462,000  New Friday Week to Date...2,381,000**
**Revised Saturday Hog Slaughter.220,000  New Saturday Week to Date.2,601,000**

INDEX
                      09/25  09/24  09/23  09/22  09/21  09/18  09/17  09/16
CATFAX FED 6 STATE   105.00 104.91 103.60 103.37 103.36 103.36 103.15 102.69
CATFAX FED 3 STATE   105.00 104.99 103.55 103.21 103.21 103.21 102.92 102.82
CME FEEDER                  142.23 142.59 142.28 142.45+142.05+142.19+141.21
CME LEAN HOG         *75.42  74.53  73.70  72.89  72.17  71.29  69.58  67.84
3 Area LEAN HOG       73.77  72.47  71.58  70.76  66.21  69.45  67.18  65.95
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        Mon, Sep 28, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

09/28 AM CARCASS CUTOUT - $ 97.04   CHANGE  +5.72  TOTAL LD COUNT  157.34

09/28 PM CARCASS CUTOUT - $ 93.39   CHANGE  +2.07  TOTAL LD COUNT  310.79

CARLOT PORK -  OPEN 09/28          CARLOT PORK -  CLOSE 09/28
LOADS - CUTS  144.41 TRIM  12.92   LOADS - CUTS  280.61 TRIM  30.18
LOINS 1/4" Trim VAC       91.75    LOINS 1/4" Trim VAC       95.47
LOINS BNLS CC Strap On   126.10    LOINS BNLS CC Strap On   125.87
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    71.67           Trm Sel  20-23#    74.10
       Trm Sel  23-27#    71.73           Trm Sel  23-27#    71.55
BELLIES  Skn-on 10-12#   239.02    BELLIES  Skn-on 10-12#   241.39
BOXED    Skn-on 12-14#   187.27    BOXED    Skn-on 12-14#   193.30

BEEF

Des Moines, IA        Mon, Sep 28, 2020      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Morning - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am

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 09/28        BEEF CUTOUTS -  CLOSE 09/28
CH 600-900# $217.67  -1.67        CH 600-900# $217.72  -1.62
SE 600-900# $206.40  -0.58        SE 600-900# $206.42  -0.56
LOADS     54.15 - Choice Cuts     LOADS     85.38 - Choice Cuts
           7.58 - Select Cuts               17.40 - Select Cuts
           5.26 - Trimmings                 10.58 - Trimmings
          21.58 - Coarse Grinds             34.32 - Coarse Grinds

POULTRY

09/28 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $111 to $117 cents FOB
16-24 lb toms $111 to $117 cents FOB

09/24 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 09/19      Week Ago     Yr Ago
                                     170,275      149,110    174,993

09/25 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 09/25    Week Ago      Yr Ago
                                              $ 63.27    $ 63.48      $ 78.48
National Composite Wtd Avg for the Month of:  August  -  $ 66.08

09/23 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 09/19 - 223 million, off 2% from a year ago
Chick placement for the week ending 09/19 - 186 million, off 1% from a year ago

09/28 - Daily New York Eggs 
Extra Large, Large and Medium egg prices are 2 cents higher. The undertone is 
firm. Supplies are mostly moderate while offerings are generally light. Retail
demand is moderate to fairly good. Market activity is moderate.

Extra Large    103-107
Large          101-105
Medium          77-81

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