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St Joseph, MO         Mon, Oct 26, 2020      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 10/26/2020              118,000    2,000     492,000     9,000
Week ago                       118,000    2,000     477,000     9,000
Year ago (act)                 116,000    1,000     491,000     9,000
Previous Day                      Steer & Heifer        Cow & Bull
                      Friday          80,000              23,000
                      Saturday        48,000              12,000

**Revised Saturday Hog Slaughter..237,000  New Week to Date..2,672,000**

INDEX
                       10/26  10/23  10/22  10/21  10/20  10/19  10/16
CATFAX FED 6 STATE    105.34 105.32 105.38 105.65 106.77 107.23 107.84
CATFAX FED 3 STATE    106.05 106.01 106.03 106.05 106.87 107.11 108.06
CME FEEDER                   133.70 134.01 135.53 138.36 138.66 140.26
CME LEAN HOG          **NA    78.17  78.54  78.60  78.69  78.62  78.27
3 Area LEAN HOG       **NA    76.34  76.40  76.84  76.90  77.20  76.82
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        Tue, Oct 27, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

10/27 AM CARCASS CUTOUT - $ 94.89   CHANGE  +3.03  TOTAL LD COUNT  198.41

10/26 PM CARCASS CUTOUT - $ 91.86   CHANGE  -1.39  TOTAL LD COUNT  305.16

CARLOT PORK -  OPEN 10/27          CARLOT PORK -  CLOSE 10/26
LOADS - CUTS  179.42 TRIM  18.99   LOADS - CUTS  271.02 TRIM  34.14
LOINS 1/4" Trim VAC       80.24    LOINS 1/4" Trim VAC       84.06
LOINS BNLS CC Strap On   116.20    LOINS BNLS CC Strap On   115.79
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    73.93
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    74.72
       Trm Sel  23-27#    75.97           Trm Sel  23-27#    73.70
BELLIES  Skn-on 10-12#   263.95    BELLIES  Skn-on 10-12#   249.85
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   211.13

BEEF

Des Moines, IA        Tue, Oct 27, 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 10/27        BEEF CUTOUTS -  CLOSE 10/26
CH 600-900# $207.54  -0.29        CH 600-900# $207.83  +0.34
SE 600-900# $189.04  +0.55        SE 600-900# $188.49  -2.91
LOADS     64.12 - Choice Cuts     LOADS     60.80 - Choice Cuts
          20.62 - Select Cuts               44.49 - Select Cuts
          13.23 - Trimmings                 18.59 - Trimmings
          21.18 - Coarse Grinds             11.49 - Coarse Grinds

POULTRY

10/26 - 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 $111 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

10/23 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 10/23    Week Ago      Yr Ago
                                              $ 68.75    $ 67.87      $ 78.31
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

10/27 - Daily New York Eggs 
Prices are 1 cent lower for Extra Large and Large, unchanged for Medium. Trade
sentiment is steady at best. Supplies are moderate to heavy. The New York shell
egg inventory is 8% higher than a week ago. Offerings are light to moderate.
Retail demand is mostly moderate. Market activity is slow to moderate.

Extra Large    116-120
Large          114-118
Medium         104-108

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