St Joseph, MO         Fri, Jun 02, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Friday 06/02/2023              124,000    1,000     471,000     5,000
Week ago                       118,000    1,000     452,000     3,000
Year ago (act)                 125,000    2,000     474,000     6,000
Week to date                   506,000    5,000   1,914,000    29,000
Same Period Last Week          616,000    5,000   2,346,000    33,000
Same Period Last Year (act)    512,000    6,000   1,897,000    31,000

Saturday 06/03/2023             67,000        0     119,000         0
Week ago                         9,000        0      20,000         0
Year ago (act)                  96,000        0     146,000         0
Week to date                   573,000    5,000   2,033,000    29,000
Same Period Last Week          625,000    5,000   2,366,000    33,000
Same Period Last Year*(act)    608,000    6,000   2,044,000    31,000
2023 Year to Date            13,759,00  128,000  53,768,000   782,000
2022 *Year to Date           14,237,00  152,000  53,054,000   741,000
Percent change                   -3.4%   -15.9%        1.3%      5.5%
2023 *Totals subject to revision
2022 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day                       Steer and Heifer   Cow and Bull
                      Thursday          100,000          27,000

INDEXES
                      06/01  05/31  05/30  05/29  05/26  05/25  05/24
CATFAX FED 6 STATE   186.65 179.53 176.53 176.11 177.55 178.30 176.62
CATFAX FED 3 STATE   170.98 176.00 170.87 170.79 170.50 171.00 170.98
CME FEEDER           208.04 208.07 207.18 207.61 207.62 209.86 208.14
CME LEAN HOG         *80.52  79.63  79.53   NA    80.08  80.48  80.80
3 Area LEAN HOG       77.74  76.91  76.47   NA    77.48  77.77  77.88
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, Jun 02, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

PORK CARCASS       CUTOUT      CHANGE     TOTAL LDS
06/02 MORNING     $ 85.59       -0.09      193.16
06/02 AFTERNOON   $ 84.72       -0.96      283.15

CARLOT PORK                 OPEN       CLOSE
 DATE                      06/02       06/02
 LOADS - CUTS             180.29      261.78
 LOADS - TRIM              12.88       21.37
 LOINS 1/4" Trim VAC      106.32      107.87
 LOINS BNLS CC Strap On   135.24      138.98
 HAMS - Trm Sel  17-20#  No Test     No Test
        Trm Sel  20-23#    86.54       83.86
        Trm Sel  23-27#    82.57       79.18
 BELLIES  Skn-on 10-12#   223.95      224.04
 BOXED    Skn-on 12-14#  No Test     No Test

BEEF

Des Moines, IA        Fri, Jun 02, 2023      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 -21 days and on average industry cutting yields. Values reflect
U.S. Dollars per 100 pounds.

                    MORNING             AFTERNOON
BEEF CUTOUTS    OPEN      CHNG       CLOSE     CHNG
                     06/02                06/02
 CH 600-900#    $308.61   +2.17      $309.93   +3.49
 SE 600-900#    $290.25   +3.93      $290.93   +4.61
   LOADS     
     Choice cuts      34.85                68.06
     Select cuts      12.52                19.79
     Trimmings        12.47                19.71
     Coarse Grinds     9.92                12.03
     CH/SEL SPREAD   $18.36               $19.00

POULTRY

06/02 Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $133 to $158 cents FOB
16-24 lb toms $133 to $155 cents FOB

06/01 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/27      Week Ago    Yr Ago
                                     171,437     169,995     168,489

06/02 Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 05/26/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $142.81   -0.23   $121.00-$170.00     $143.04

05/31 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/27 - 241 million, down 1% from a year 
ago.
Chick placement for the week ending 05/27 - 188 million, down 1% from a year
ago.

06/02 - New York Eggs
All prices are steady. The undertone is mostly steady. Demand is in a full
range, generally moderate to fairly good into retail and food service channels.
Offerings are light to moderate. Supplies remain generally moderate. Market 
activity is moderate.

Extra Large    123-127
Large          121-125
Medium         112-116