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St Joseph, MO         Wed, May 25, 2022      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 05/25/2022           125,000    1,000     466,000     7,000
Week ago                       125,000    1,000     479,000     7,000
Year ago (act)                 121,000    1,000     487,000     7,000
Week to date                   375,000    5,000   1,403,000    24,000
Same Period Last Week          374,000    5,000   1,426,000    24,000
Same Period Last Year (act)    360,000    4,000   1,448,000    23,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Tuesday          97,000            28,000

INDEXES
                        05/24  05/23  05/20  05/19  05/18  05/17  05/16
CATFAX FED 6 STATE     138.00 140.59 140.59 142.72 142.72 140.05 141.91
CATFAX FED 3 STATE     138.00 138.00 138.00 137.93 137.93 137.93 140.00
CME FEEDER             153.35 153.17 152.72 153.05 153.46 155.05 155.27
CME LEAN HOG          *103.88 103.04 102.08 101.17 100.37 100.08  99.90
3 Area LEAN HOG        101.94 102.04 100.36  99.69  98.50  98.04  98.23
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, May 25, 2022      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

05/25 AM CARCASS CUTOUT - $107.18   CHANGE  -1.06 TOTAL LD COUNT  141.83

05/25 PM CARCASS CUTOUT - $107.07   CHANGE  -1.17 TOTAL LD COUNT  244.00

CARLOT PORK -  OPEN  05/25        CARLOT PORK -  CLOSE 05/25
LOADS - CUTS   132.25 TRIM  9.58    LOADS - CUTS  220.57 TRIM  23.44
LOINS 1/4" Trim VAC      135.18    LOINS 1/4" Trim VAC      135.88
LOINS BNLS CC Strap On   127.21    LOINS BNLS CC Strap On   127.63
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    90.26
       Trm Sel  20-23#    84.26           Trm Sel  20-23#    89.99
       Trm Sel  23-27#    90.54           Trm Sel  23-27#    90.92
BELLIES  Skn-on 10-12#   242.35    BELLIES  Skn-on 10-12#   249.93
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Wed, May 25, 2022      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  05/25       BEEF CUTOUTS -  CLOSE  05/25
CH 600-900# $263.30  -0.35        CH 600-900# $262.93   -0.72
SE 600-900# $245.64  +0.29        SE 600-900# $244.06   -1.29
LOADS     35.65 - Choice Cuts     LOADS     64.30 - Choice Cuts
          10.41 - Select Cuts               19.63 - Select Cuts
           0.00 - Trimmings                  6.60 - Trimmings
           7.49 - Coarse Grinds             11.24 - Coarse Grinds
CHOICE/SELECT SPREAD:  $17.66     CHOICE/SELECT SPREAD:  $18.87

POULTRY

05/25 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $139 to $151 cents FOB
16-24 lb toms $139 to $149 cents FOB

05/19 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/14      Week Ago     Yr Ago
                                     165,073      162,882    163,760

05/20 Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 05/20      Wk Ago    Yr Ago
                                              $169.53     $170.24   $106.23
National Composite Wtd Avg for the Month of: April - $166.89

05/25 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/21 - 241 million, up slightly
from a year ago
Chick placement for the week ending 05/21 - 189 million, up slightly 
from a year ago

05/25 - New York Eggs
Prices are steady on all sizes. The undertone is steady. Supplies are mixed
But mostly moderate. Offerings and retail demand are light to moderate. Food
service demand is moderate to instances good. Market activity is slow to
moderate.

Extra Large    217-221
Large          215-219
Medium         204-208

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