St Joseph, MO         Wed, May 22, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 05/22/2019  (est)    120,000    2,000     468,000     9,000
Week ago (est)                 121,000    2,000     460,000     8,000
Year ago (act)                 119,000    2,000     456,000     8,000
Week to date (est)             360,000    6,000   1,410,000    27,000
Same Period Last Week (est)    363,000    6,000   1,381,000    26,000
Same Period Last Year (act)    359,000    6,000   1,375,000    25,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                       Tuesday         95,000            25,000

INDEX
                      05/21  05/20  05/17  05/16  05/15  05/14  05/13
CATFAX FED 6 STATE   116.70 116.73 116.73 116.82 117.61 119.26 120.15
CATFAX FED 3 STATE   116.43 116.48 116.48 116.56 116.56 118.55 119.99
CME FEEDER           132.16 132.25 131.82 132.76 132.43 134.81 135.07
CME LEAN HOG         *84.39  84.37  84.59  84.59  84.21  83.68  83.27
3 Area LEAN HOG       81.86  81.97  81.75  81.97  81.60  81.33  80.79
**NA = Not Available Due to Packer Submission Issues.

*DTN 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        Wed, May 22, 2019      USDA Market News

05/22 AM CARCASS CUTOUT - $ 86.43   CHANGE  -0.64  TOTAL LD COUNT  148.04

05/22 PM CARCASS CUTOUT - $ 84.83   CHANGE  -2.24  TOTAL LD COUNT  297.36 

CARLOT PORK -  OPEN 05/22          CARLOT PORK -  CLOSE 05/22
LOADS - CUTS  133.48 TRIM  14.55   LOADS - CUTS  253.71  TRIM 43.65
LOINS 1/4" Trim VAC      101.65    LOINS 1/4" Trim VAC      102.16
LOINS BNLS CC Strap On   120.88    LOINS BNLS CC Strap On   121.00
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    83.65           Trm Sel  20-23#    83.11
       Trm Sel  23-27#    80.24           Trm Sel  23-27#    79.73
BELLIES  Skn-on 10-12#   230.27    BELLIES  Skn-on 10-12#   225.74
BOXED    Skn-on 12-14#   222.60    BOXED    Skn-on 12-14#   222.41

BEEF

Des Moines, IA        Wed, May 22, 2019      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Afternoon - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm

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.

Boxed beef cutout values steady on Choice and lower on Select on light to 
moderate demand and moderate to heavy offerings. Select and Choice chuck and 
loin cuts steady to weak while round cuts firm and rib cuts weak. Beef 
trimmings unevenly steady on moderate demand and light to moderate offerings.

BEEF CUTOUTS -  OPEN 05/22        BEEF CUTOUTS - CLOSE 05/22
CH 600-900# $220.59  +1.01        CH 600-900# $219.75  +0.17
SE 600-900# $206.58  Unchg        SE 600-900# $205.81  -0.77  
LOADS     38.66 - Choice Cuts     LOADS     75.47 - Choice Cuts
          20.26 - Select Cuts               52.97 - Select Cuts
           4.07 - Trimmings                  7.94 - Trimmings
          19.93 - Coarse Grinds             35.48 - Coarse Grinds

POULTRY

05/16 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/11      Week Ago     Yr Ago
                                     164,441      164,087    162,327

05/17 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 05/17    Week Ago      Yr Ago
                                              $101.87     $101.54     $117.97
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  April - $ 97.61

05/22 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 05/18 - 235 million, up 1% from a year ago
Chick placement for the week ending 05/18 - 189 million, up 2% from a year ago

05/22 - Daily New York Eggs
Prices are steady for a steady undertone. Supplies are adequate to fully
sufficient for present needs. Offerings are moderate. Demand into all 
channels is mostly moderate. Market activity is slow to moderate.

Extra Large     56-60
Large           54-58
Medium          52-56