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St Joseph, MO         Thu, May 09, 2024      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Thursday                     122,000     1,000     472,000     7,000
Week ago                     120,000     1,000     481,000     7,000
Year ago (act)               127,174     1,000     466,000     6,000
Week to Date                 489,000     4,000   1,908,000    30,000
Same Period Last Week        480,000     4,000   1,919,000    31,000
Same Period Last Year*       505,689     4,000   1,849,430    28,000
2024 Year to Date         11,260,736    83,251  46,723,470   689,460
2023*Year to Date         11,782,215   111,226  46,448,776   680,433
Percent Change                 -4.4%    -25.2%       +0.6%     +1.3%
Previous Day Breakdown           Steers/Heifers     Cows/Bulls
                     Wednesday     100,000           23,000
    2024 *Totals subject to revision / 2023 *Totals adjusted to reflect 
          NASS Revisions / Yearly totals may not add due to rounding.

INDEXES
                        05/08  05/07  05/06  05/03  05/02  05/01  04/30
CATFAX FED 6 STATE     184.00 184.00 185.92 185.86 186.25 184.62 183.37
CATFAX FED 3 STATE     184.00 184.00 184.00 184.00 184.00 184.00 184.00
CME FEEDER             240.38 239.45 239.53 240.05 242.39 243.37 247.06
CME LEAN HOG           *91.28  91.28  91.03  90.80  90.96  90.92  90.60
3 Area LEAN HOG         89.03  89.07  88.75  88.72  88.80  88.78  88.39
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, May 09, 2024      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
05/09 MORNING     $ 98.70      -0.59      127.16
05/09 AFTERNOON   $ 98.43      -0.86      210.07 

CARLOT PORK                 OPEN         CLOSE
 DATE                      05/09         05/09
 LOADS - CUTS             106.06        180.23
 LOADS - TRIM              21.10         29.84
 LOINS 1/4" Trim VAC      129.24        129.11
 LOINS BNLS CC Strap On   160.43        161.36
 HAMS - Trm Sel  17-20#  No Test       No Test
        Trm Sel  20-23#  No Test       No Test
        Trm Sel  23-27#    84.42         87.04
 BELLIES  Skn-on 10-12#   264.17        262.50
 BOXED    Skn-on 12-14#  No Test       No Test

BEEF

Des Moines, IA        Thu, May 09, 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
                     05/09               05/09
 CH 600-900#    $296.93  +0.26      $295.39  -1.28
 SE 600-900#    $286.70  -1.55      $285.76  -2.49
    LOADS   
     Choice cuts     39.44              134.81
     Select cuts     10.24               21.34
     Trimmings        0.00                3.95
     Coarse Grinds   10.12               12.60
     CH/SEL SPREAD  $10.23              $ 9.63

POULTRY

05/09 - 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

05/03 - 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

05/09 - 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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