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St Joseph, MO         Tue, May 17, 2022      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Tuesday 05/17/2022             125,000    2,000     477,000     7,000
Week ago                       125,000    2,000     480,000     7,000
Year ago (act)                 120,000    2,000     467,000     8,000
Week to date                   249,000    4,000     947,000    17,000
Same Period Last Week          246,000    4,000     941,000    17,000
Same Period Last Year (act)    234,000    3,000     940,000    17,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Monday           97,000            27,000

**Revised Monday Hog Slaughter..470,000**

INDEXES
                        05/16  05/13  05/12  05/11  05/10  05/09  05/06
CATFAX FED 6 STATE     141.91 141.91 144.29 142.32 142.32 143.67 143.67
CATFAX FED 3 STATE     140.00 140.00 140.00 140.00 140.00 140.00 140.00
CME FEEDER             155.27 156.00 156.36 156.61 156.24 156.33 156.21
CME LEAN HOG           *99.90 100.07 100.49 101.04 101.26 101.09 101.09
3 Area LEAN HOG         98.23  97.85  98.86  99.19  99.80  99.93  99.57
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, May 17, 2022      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

05/17 AM CARCASS CUTOUT - $103.83   CHANGE  +2.28 TOTAL LD COUNT  204.94

05/16 PM CARCASS CUTOUT - $101.55   CHANGE  +0.38 TOTAL LD COUNT  356.67

CARLOT PORK -  OPEN  05/17        CARLOT PORK -  CLOSE 05/16
LOADS - CUTS  196.56 TRIM  8.38    LOADS - CUTS  309.54 TRIM  47.13
LOINS 1/4" Trim VAC      119.84    LOINS 1/4" Trim VAC      119.69
LOINS BNLS CC Strap On   126.30    LOINS BNLS CC Strap On   127.47
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    73.25           Trm Sel  20-23#    72.49
       Trm Sel  23-27#    73.29           Trm Sel  23-27#    72.56
BELLIES  Skn-on 10-12#   252.67    BELLIES  Skn-on 10-12#   250.07
BOXED    Skn-on 12-14#   303.12    BOXED    Skn-on 12-14#   189.73

BEEF

Des Moines, IA        Tue, May 17, 2022      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales
Morning - 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  05/17       BEEF CUTOUTS -  CLOSE  05/16
CH 600-900# $261.04  +0.73        CH 600-900# $260.31   +1.36
SE 600-900# $249.08  +3.41        SE 600-900# $245.67   +1.77
LOADS     29.12 - Choice Cuts     LOADS     45.02 - Choice Cuts
          18.67 - Select Cuts               14.55 - Select Cuts
           6.79 - Trimmings                  8.03 - Trimmings
          17.53 - Coarse Grinds             26.99 - Coarse Grinds
CHOICE/SELECT SPREAD:  $11.96     CHOICE/SELECT SPREAD:  $14.64

POULTRY

05/16 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $136 to $151 cents FOB
16-24 lb toms $136 to $145 cents FOB

05/12 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/07      Week Ago     Yr Ago
                                     162,882      165,625    163,616

05/13 Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 05/13      Wk Ago    Yr Ago
                                              $170.24     $169.45   $105.56
National Composite Wtd Avg for the Month of: April - $166.89

05/11 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/07 - 241 million, up slightly from 
a year ago
Chick placement for the week ending 05/07 - 187 million, dn slightly from 
a year ago

05/17 - New York Eggs
Prices are 5 cents lower for Medium and larger sized eggs. The undertone
is weak. Supplies are mixed. The New York shell egg inventory is up 39%
when compared to last Monday. Offerings are light to moderate.  Retail
demand is very light to moderate. Market activity is slow to moderate.

Extra Large    228-232
Large          226-230
Medium         214-218

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