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St Joseph, MO    Fri Nov 26, 2021     USDA Market News
Daily Livestock Slaughter under Federal Inspection

                            CATTLE   CALVES        HOGS     SHEEP
Thursday 11/25/2021              1,000        0       2,000         0
Week ago                       122,000    1,000     475,000     8,000
Year ago (act)                       0        0           0         0
Week to date                   366,000    4,000   1,428,000    24,000
Same Period Last Week          487,000    5,000   1,923,000    35,000
Same Period Last Year (act)    360,000    5,000   1,487,000    25,000
Previous Day                 Steer and Heifer  Cow and Bull
                 Wednesday      94,000               27,000

                               CATTLE   CALVES        HOGS     SHEEP
Friday 11/26/2021              119,000    1,000     470,000     6,000
Week ago                       121,000    1,000     473,000     6,000
Year ago (act)                 112,000    2,000     473,000     3,000
Week to date                   485,000    5,000   1,898,000    30,000
Same Period Last Week          608,000    6,000   2,396,000    41,000
Same Period Last Year (act)    472,000    7,000   1,960,000    29,000

Saturday 11/27/2021             81,000        0     363,000     1,000
Week ago                        69,000        0     233,000     1,000
Year ago (act)                  91,000        0     379,000         0
Week to date                   566,000    5,000   2,261,000    31,000
Same Period Last Week          677,000    6,000   2,629,000    42,000
Same Period Last Year* (act)   564,000    7,000   2,340,000    29,000
2021 Year to Date            30,157,00  339,000 116,312,000 1,737,000
2020 *Year to Date           29,294,00  405,000 118,783,000 1,716,000
Percent change                    2.9%   -16.3%       -2.1%      1.2%
2021 *Totals subject to revision
2020 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day                 Steer and Heifer  Cow and Bull
                 Thursday        1,000                    0

INDEXES
                      11/25  11/24  11/23  11/22  11/19  11/18  11/17     
CATFAX FED 6 STATE    x     136.32 134.09 134.09 134.09 133.24 131.91     
CATFAX FED 3 STATE    x     136.16 133.75 133.75 133.75 133.09 132.00     
CME FEEDER            x      x     157.83 157.43 156.29 155.65 155.46     
CME LEAN HOG         *x      69.71  72.56  73.15  72.88  73.46  75.26          
3 Area LEAN HOG       x      71.63  70.68  71.96  71.82  71.49  72.82          
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, Nov 26, 2021      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

11/26 AM CARCASS CUTOUT - $ 83.89   CHANGE  -1.09  TOTAL LD COUNT  126.14 

11/26 PM CARCASS CUTOUT - $ 83.98   CHANGE  -1.00  TOTAL LD COUNT  201.17

CARLOT PORK -  OPEN  11/26        CARLOT PORK -  CLOSE 11/26
LOADS - CUTS  102.23 TRIM  23.90   LOADS - CUTS  175.06 TRIM  26.11
LOINS 1/4" Trim VAC       78.85    LOINS 1/4" Trim VAC       78.50
LOINS BNLS CC Strap On   118.12    LOINS BNLS CC Strap On   119.72
HAMS - Trm Sel  17-20#  No test    HAMS - Trm Sel  17-20#    62.65
       Trm Sel  20-23#    54.14           Trm Sel  20-23#    55.08
       Trm Sel  23-27#    58.41           Trm Sel  23-27#    58.17
BELLIES  Skn-on 10-12#   222.88    BELLIES  Skn-on 10-12#   223.46
BOXED    Skn-on 12-14#   166.41    BOXED    Skn-on 12-14#   166.41

BEEF

Des Moines, IA        Fri, Nov 26 2021      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales
Afternoon - 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.

BEEF CUTOUTS -  OPEN  11/26      BEEF CUTOUTS -  CLOSE 11/26
CH 600-900# $280.15  +1.04        CH 600-900# $280.01  +0.90
SE 600-900# $262.51  -0.96        SE 600-900# $262.28  -1.19 
LOADS     10.33 - Choice Cuts     LOADS     19.79 - Choice Cuts
           6.14 - Select Cuts                8.56 - Select Cuts
          10.91 - Trimmings                 12.19 - Trimmings
           9.31 - Coarse Grinds              9.82 - Coarse Grinds
CHOICE/SELECT SPREAD:  $14.72      CHOICE/SELECT SPREAD: $17.73

POULTRY

11/26 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $120 to $139 cents FOB
16-24 lb toms $120 to $139 cents FOB

11/25 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/20      Week Ago     Yr Ago
                                     163,472      165,399    163,084

11/26 Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 11/19      Wk Ago    Yr Ago
                                              $111.16     $105.72   $ 83.83
National Composite Wtd Avg for the Month of:  November  -  $105.47

11/24 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 11/20 - 242 million, up 3% from a year ago
Chick placement for the week ending 11/20 - 184 million, up 2% from a year ago

11/26 - New York Eggs
Prices are unchanged.  The undertone is steady.  Supplies are light to          
moderate for present needs.  Offerings are light to moderate.  Retail           
demand is moderate to good.  Demand into food service channels is moderate      
to fairly good.  Market activity is moderate.                                   
                                                                          
Extra Large    149-153
Large          147-151
Medium         116-120

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