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St Joseph, MO         Wed, June 19, 2024     USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Wednesday                    121,000     1,000     483,000     6,000
Week ago                     123,000     1,000     470,000     6,000
Year ago (act)               126,000     1,000     451,000     7,000
Week to Date                 360,000     3,000   1,424,000    24,000
Same Period Last Week        367,000     3,000   1,415,000    22,000
Same Period Last Year*       378,000     3,000   1,376,000    23,000
2024 Year to Date         14,713,996   106,115  60,363,057   899,344
2023*Year to Date         15,385,337   141,882  59,805,155   876,065
Percent Change                 -4.4%    -25.2%        0.9%      2.7%
Previous Day Breakdown            Steers/Heifers    Cows/Bulls
                      Tuesday        100,000          23,000
   2024  *Totals subject to revision / 2023 *Totals adjusted to reflect 
        NASS Revisions / Yearly totals may not add due to rounding

INDEXES
                         06/18  06/17  06/14  06/13  06/12  06/11  06/10
CATFAX FED 6 STATE      191.48 191.48 190.05 189.35 187.48 187.58 187.91
CATFAX FED 3 STATE      186.13 186.13 186.00 185.77 185.11 185.12 185.12
CME FEEDER                NA   257.07 255.72 256.13 255.86 253.74 253.39
CME LEAN HOG            *90.72  90.59  90.73  91.44  91.58  91.38  91.32
3 Area LEAN HOG          88.54  88.86  88.39  89.32  89.97  89.41  89.60
NA = Not Available; **NA = Not Available Due to Packer Submission Issues;
*NA* = Not Available Due to Confidentiality; + 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, June 19, 2024     USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
06/19 MORNING     $ 99.36      +1.33      162.20
06/19 AFTERNOON   $ 97.66      -0.37      290.96 

CARLOT PORK                 OPEN         CLOSE
 DATE                      06/19         06/19
 LOADS - CUTS             132.94        227.72
 LOADS - TRIM              29.26         63.24
 LOINS 1/4" Trim VAC      126.16        126.31
 LOINS BNLS CC Strap On   146.59        146.60
 HAMS - Trm Sel  17-20#    91.92         91.92
        Trm Sel  20-23#    87.41         87.41
        Trm Sel  23-27#    88.22         88.17
 BELLIES  Skn-on 10-12#   258.12        258.12
 BOXED    Skn-on 12-14#  No Test       No Test

BEEF

Des Moines, IA        Wed, June 19, 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
                     06/19               06/19
 CH 600-900#    $320.22  -0.30      $320.70  +0.18
 SE 600-900#    $303.77  -0.44      $303.26  -0.95
    LOADS   
     Choice cuts     53.72               84.82
     Select cuts     12.46               21.11
     Trimmings        8.02                8.24
     Coarse Grinds    6.53               10.92
     CH/SEL SPREAD  $16.45              $17.44

POULTRY

06/18 - Daily Turkey Market - NA 6/19 Due to Federal Holiday
Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $ 88 to $103 cents FOB
16-24 lb toms $ 88 to $105 cents FOB

06/13 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 06/08      Week Ago    Yr Ago
                                     166,414      149,224   166,393

06/14 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 06/14/24
      Wtd Avg    Chg         Range         Wk Ago Avg
      $131.36   -0.75   $ 90.00-$150.00     $132.11

06/12 - Weekly Egg Sets & Chicks Placed - NA 6/19 Due to Federal Holiday
Weekly Egg Sets for the week ending 06/08 - 245 million, up slightly from a 
year ago
Chick placement for the week ending 06/08 - 190 million, up slightly from a 
year ago

06/18 - New York Eggs - NA 6/19 Due to Federal Holiday
Prices are unchanged for Extra Large, Large, and Medium. The undertone is 
steady to barely steady. The New York shell egg inventory is up 7 percent 
compared to last week. Demand is moderate to fairly good. Offerings are light.
Supplies are light to moderate. Market activity is moderate.  

Extra Large   263-267
Large         261-265
Medium        221-225
    ** 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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