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St Joseph, MO         Wed, Apr 17, 2024      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Wednesday                    124,000     1,000     486,000     7,000
Week ago                     112,000     1,000     489,000     8,000
Year ago (act)               126,000     1,000     477,000     9,000
Week to Date                 369,000     3,000   1,454,000    25,000
Same Period Last Week        358,000     3,000   1,428,000    25,000
Same Period Last Year*       377,000     3,000   1,425,000    28,000
2024 Year to Date          9,291,243    72,155  39,020,314   575,127
2023*Year to Date          9,780,308    94,901  38,740,117   574,555
Percent Change                 -5.0%    -24.0%       +0.7%     +0.1%
Previous Day Breakdown           Steers/Heifers     Cows/Bulls
                      Tuesday        97,000           27,000
    2024 *Totals subject to revision / 2023 *Totals adjusted to reflect 
          NASS Revisions / Yearly totals may not add due to rounding.

INDEXES
                        04/16  04/15  04/12  04/11  04/10  04/09  04/08
CATFAX FED 6 STATE     183.49 183.49 183.49 184.57 185.60 185.87 185.87
CATFAX FED 3 STATE     182.01 182.01 182.01 183.35 183.93 183.93 183.93
CME FEEDER             242.63 241.36 241.07 244.57 243.65 245.49 245.83
CME LEAN HOG           *91.36  90.98  90.73  90.56  89.84  88.78  87.88
3 Area LEAN HOG         89.18  89.11  89.10  88.49  88.03  86.55  85.50
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        Wed, Apr 17, 2024      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
04/17 MORNING     $ 99.71      +0.16      135.41
04/17 AFTERNOON   $ 99.55      Unchg      236.50 

CARLOT PORK                 OPEN         CLOSE
 DATE                      04/17         04/17
 LOADS - CUTS             123.05        216.28
 LOADS - TRIM              12.35         20.22
 LOINS 1/4" Trim VAC      125.16        124.65
 LOINS BNLS CC Strap On   166.54        158.18
 HAMS - Trm Sel  17-20#  No Test       No Test
        Trm Sel  20-23#  No Test         85.83
        Trm Sel  23-27#    86.44         86.31
 BELLIES  Skn-on 10-12#   276.01        275.69
 BOXED    Skn-on 12-14#  No Test       No Test

BEEF

Des Moines, IA        Wed, Apr 17, 2024      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

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.

                    MORNING            AFTERNOON
BEEF CUTOUTS    OPEN      CHNG      CLOSE     CHNG
                     04/17               04/17
 CH 600-900#    $297.79  -0.23      $296.78  -1.24
 SE 600-900#    $291.90  -0.74      $290.88  -1.76
    LOADS   
     Choice cuts     38.04               73.64
     Select cuts     17.21               28.91
     Trimmings        0.00                0.00
     Coarse Grinds   18.14               20.17
     CH/SEL SPREAD  $ 5.89              $ 5.90

POULTRY

04/17 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $ 84 to $103 cents FOB
16-24 lb toms $ 86 to $105 cents FOB

04/11 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 04/06      Week Ago    Yr Ago
                                     160,773     160,979     164,108

04/12 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 04/12/2024
      Wtd Avg    Chg         Range         Wk Ago Avg
      $132.71   -0.30   $104.00-$159.00     $133.01

04/17 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 04/13 - 247 million, up 2% from a year ago
Chick placement for the week ending 04/13 - 190 million, up 2% from a year ago

04/17 - New York Eggs
Prices are unchanged for all sizes. The undertone is steady. Demand remains 
moderate to fairly good. Offerings are light to at times moderate. Supplies are
light to moderate. Market activity is moderate.

Extra Large   253-257
Large         251-255
Medium        240-244
    ** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, USDA GRADE A AND 
GRADE A, WHITE EGGS IN CARTONS, DELIVERED STORE DOOR, CENTS PER DOZEN.**

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