St Joseph, MO         Tue, Nov 19, 2019      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 11/19/2019    (est)    118,000    2,000     494,000     8,000
Week ago (est)                 119,000    2,000     492,000     9,000
Year ago (act)                 122,000    3,000     478,000    10,000
Week to date (est)             236,000    4,000     987,000    16,000
Same Period Last Week (est)    231,000    4,000     936,000    17,000
Same Period Last Year (act)    242,000    5,000     956,000    21,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           93,000            25,000

INDEX
                      11/18  11/15  11/14  11/13  11/12  11/11  11/08
CATFAX FED 6 STATE   115.06 115.06 114.85 114.72 114.59 114.59 114.60
CATFAX FED 3 STATE   115.00 115.00 114.75 114.68 114.48 114.48 114.48
CME FEEDER           146.54 146.69 147.12+147.59 147.44+147.24 146.52
CME LEAN HOG         *59.29  59.24  59.51  59.50  59.55  58.94  59.44
3 Area LEAN HOG       58.30  56.65  57.86  57.35  57.61  56.92  57.90
**NA = Not Available Due to Packer Submission Issues.
+ Before the CME Feeder price indicates a revision by the CME.

*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        Tue, Nov 19, 2019      USDA Market News

11/19 AM CARCASS CUTOUT - $ 89.99   CHANGE  +0.85  TOTAL LD COUNT  205.23

11/19 PM CARCASS CUTOUT - $ 84.67   CHANGE  -4.47  TOTAL LD COUNT  400.43

CARLOT PORK -  OPEN 11/19          CARLOT PORK -  CLOSE 11/19
LOADS - CUTS  192.64 TRIM  12.59   LOADS - CUTS  371.07  TRIM 29.36
LOINS 1/4" Trim VAC       77.81    LOINS 1/4" Trim VAC       79.94
LOINS BNLS CC Strap On   123.50    LOINS BNLS CC Strap On   122.31
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    99.22
       Trm Sel  23-27#    97.41           Trm Sel  23-27#    95.51
BELLIES  Skn-on 10-12#   248.57    BELLIES  Skn-on 10-12#   227.67
BOXED    Skn-on 12-14#   180.59    BOXED    Skn-on 12-14#   181.12

BEEF

Des Moines, IA        Tue, Nov 19, 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 moderate demand and offerings. Select and 
Choice rib, round, and loin cuts steady to firm while chuck cuts lower. Beef 
trimmings generally steady on light demand and offerings.

BEEF CUTOUTS -  OPEN 11/19        BEEF CUTOUTS - CLOSE 11/19
CH 600-900# $239.95  +0.83        CH 600-900# $239.01  -0.11
SE 600-900# $215.70  +0.11        SE 600-900# $215.47  -0.12 
LOADS     32.47 - Choice Cuts     LOADS     85.79 - Choice Cuts
           8.50 - Select Cuts               16.63 - Select Cuts
           4.07 - Trimmings                  6.34 - Trimmings
           2.32 - Coarse Grinds             11.54 - Coarse Grinds

POULTRY

11/19 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $95 to $103 cents FOB
16-24 lb toms $93 to $103 cents FOB

11/14 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/09      Week Ago     Yr Ago
                                     172,352      172,986    163,787

11/15 - Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 11/15    Week Ago      Yr Ago
                                              $ 78.31     $ 78.50     $ 87.75
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  October - $ 78.86

11/13 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 11/09 - 222 million, up slightly from a 
year ago
Chick placement for the week ending 11/09 - 179 million, up 4% from a year ago

11/19 - Daily New York Eggs
Prices are 2 cents higher for Extra Large and Large, steady for Medium. The 
undertone is steady to firm. Supplies are light to moderate. The New York
shell egg inventory is 7% higher than a week ago. Demand is moderate to good.
Offerings are light to moderate. Market activity is moderate to active.

Extra Large    166-170
Large          164-168
Medium         107-111