St Joseph, MO         Thu, Jun 01, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 06/01/2023            127,000    1,000     480,000     7,000
Week ago                       125,000    1,000     468,000     7,000
Year ago (act)                 129,000    1,000     474,000     8,000
Week to date                   382,000    4,000   1,443,000    24,000
Same Period Last Week          498,000    4,000   1,894,000    30,000
Same Period Last Year (act)    387,000    4,000   1,423,000    25,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Wednesday        101,000           26,000

INDEXES
                      05/31  05/30  05/29  05/26  05/25  05/24  05/23
CATFAX FED 6 STATE   176.53 176.53 176.11 177.55 178.30 176.62 170.00
CATFAX FED 3 STATE   170.87 170.87 170.79 170.50 171.00 170.98 170.00
CME FEEDER           208.07 207.18 207.61 207.62 209.86 208.14 207.36
CME LEAN HOG         *79.63  79.53   NA    80.08  80.48  80.80  80.67
3 Area LEAN HOG       76.91  76.47   NA    77.48  77.77  77.88  77.77
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, Jun 01, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

PORK CARCASS       CUTOUT      CHANGE     TOTAL LDS
06/01 MORNING     $ 85.62       +0.35      118.20
06/01 AFTERNOON   $ 85.68       +0.41      232.55

CARLOT PORK                 OPEN       CLOSE
 DATE                      06/01       06/01
 LOADS - CUTS             104.16      192.51
 LOADS - TRIM              14.03       40.04
 LOINS 1/4" Trim VAC      110.73      111.79
 LOINS BNLS CC Strap On   134.22      137.98
 HAMS - Trm Sel  17-20#  No Test     No Test
        Trm Sel  20-23#  No Test       78.60
        Trm Sel  23-27#    77.53       77.62
 BELLIES  Skn-on 10-12#   216.68      217.98
 BOXED    Skn-on 12-14#  No Test     No Test

BEEF

Des Moines, IA        Thu, Jun 01, 2023      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 -21 days and on average industry cutting yields. Values reflect
U.S. Dollars per 100 pounds.

                    MORNING             AFTERNOON
BEEF CUTOUTS    OPEN      CHNG       CLOSE     CHNG
                     06/01                06/01
 CH 600-900#    $307.07   +1.23      $306.44   +0.60
 SE 600-900#    $287.16   +0.01      $286.32   -0.83
   LOADS     
     Choice cuts      50.77                98.78
     Select cuts      17.84                25.25
     Trimmings         0.00                 3.13
     Coarse Grinds     3.16                19.85
     CH/SEL SPREAD   $19.91               $20.12

POULTRY

06/01 Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $138 to $156 cents FOB
16-24 lb toms $139 to $156 cents FOB

06/01 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/27      Week Ago    Yr Ago
                                     171,437     169,995     168,489

05/26 Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 05/26/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $143.04   +0.35   $118.00-$170.00     $142.69

05/31 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/27 - 241 million, down 1% from a year 
ago.
Chick placement for the week ending 05/27 - 188 million, down 1% from a year
ago.

06/01 - New York Eggs
All prices are steady. The undertone is mostly steady. Demand is mixed, ranging
light to fairly good with best demand into retail channels. Offerings are light
to moderate. Supplies are generally moderate. Market activity is moderate.

Extra Large    123-127
Large          121-125
Medium         112-116