**THIS PAGE WILL NOT UPDATE ON MONDAY, FEB. 17, DUE TO PRESIDENT'S DAY**

St Joseph, MO         Fri, Feb 14, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Friday 02/14/2020     (est)    111,000    2,000     481,000     6,000
Week ago (est)                 115,000    2,000     492,000     8,000
Year ago (act)                 114,000    3,000     462,000     6,000
Week to date (est)             593,000   11,000   2,448,000    37,000
Same Period Last Week (est)    601,000   11,000   2,473,000    39,000
Same Period Last Year (act)    581,000   12,000   2,280,000    36,000

Saturday 02/15/2020   (est)     27,000        0     148,000     1,000
Week ago (est)                  30,000        0     218,000         0
Year ago (act)                  27,000        0     218,000     1,000
Week to date (est)             620,000   11,000   2,596,000    38,000
Same Period Last Week (est)    631,000   11,000   2,691,000    39,000
Same Period Last Year*(act)    608,000   12,000   2,497,000    36,000
2020 Year to Date            4,137,000   71,000  17,280,000   239,000
2019 *Year to Date           4,150,000   81,000  16,766,000   247,000
Percent change                   -0.3%   -11.9%        3.1%     -3.2%
2020 *Totals subject to revision
2019 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated            Steer and Heifer    Cow and Bull
                      Thursday         95,000            26,000

INDEX
                      02/13  02/12  02/11  02/10  02/07  02/06  02/05
CATFAX FED 6 STATE   119.85 119.95 120.51 121.03 121.03 121.83 122.02
CATFAX FED 3 STATE   119.74 119.74 120.39 120.99 120.99 122.00 121.99
CME FEEDER           140.61+140.52 140.98 140.67 140.41 140.63 141.53
CME LEAN HOG         *56.38  56.70  57.32  57.93  58.46  59.58  60.44
3 Area LEAN HOG       54.01  54.33  54.70  55.27  55.87  57.00  57.82
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        Fri, Feb 14, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

02/14 AM CARCASS CUTOUT - $ 62.93   CHANGE  -0.17  TOTAL LD COUNT  186.01

02/14 PM CARCASS CUTOUT - $ 62.75   CHANGE  -0.35  TOTAL LD COUNT  313.29

CARLOT PORK -  OPEN 02/14          CARLOT PORK -  CLOSE 02/14
LOADS - CUTS  165.85 TRIM  20.16   LOADS - CUTS  272.85  TRIM 40.44
LOINS 1/4" Trim VAC       83.71    LOINS 1/4" Trim VAC       84.31
LOINS BNLS CC Strap On    96.44    LOINS BNLS CC Strap On    98.06
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    64.24
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    61.41
       Trm Sel  23-27#  No Test           Trm Sel  23-27#    59.92
BELLIES  Skn-on 10-12#   182.05    BELLIES  Skn-on 10-12#   181.30
BOXED    Skn-on 12-14#   214.62    BOXED    Skn-on 12-14#   169.40

BEEF

Des Moines, IA        Fri, Feb 14, 2020      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 higher on good demand and moderate offerings. Select
and Choice rib, round, and loin cuts steady to firm while chuck cuts firm to 
higher. Beef trimmings mostly sharply higher on good demand and heavy 
offerings.

BEEF CUTOUTS -  OPEN 02/14        BEEF CUTOUTS - CLOSE 02/14
CH 600-900# $207.98  +1.53        CH 600-900# $208.09  +1.64
SE 600-900# $205.90  +2.11        SE 600-900# $205.71  +1.92 
LOADS     37.03 - Choice Cuts     LOADS     57.41 - Choice Cuts
           9.55 - Select Cuts               13.23 - Select Cuts
          23.49 - Trimmings                 29.36 - Trimmings
          18.61 - Coarse Grinds             26.37 - Coarse Grinds

POULTRY

02/14 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $93 to $101 cents FOB
16-24 lb toms $93 to $101 cents FOB

02/13 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/08      Week Ago     Yr Ago
                                     171,276      171,982    162,013

02/14 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 02/14    Week Ago      Yr Ago
                                              $ 81.62     $ 85.82     $ 90.94
National Composite Wtd Avg for the Month of:  January -   $ 90.56

02/12 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 02/08 - 240 million, up 5% from a year ago
Chick placement for the week ending 02/08 - 191 million, up 4% from a year ago

02/14 - Daily New York Eggs 
Prices are unchanged on all sizes. The undertone is barely steady to weak.
Supplies are mixed, but mostly moderate. Offerings are moderate. Retail and 
distributive demand is moderate to at times fairly good. Market activity is
slow to moderate.

Extra Large    101-105
Large           99-103
Medium          80-84