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St Joseph, MO         Wed, Feb 19, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Wednesday 02/19/2020  (est)    122,000    3,000     492,000     6,000
Week ago (est)                 120,000    3,000     492,000     7,000
Year ago (act)                 109,000    3,000     465,000     7,000
Week to date (est)             352,000    7,000   1,471,000    21,000
Same Period Last Week (est)    361,000    7,000   1,477,000    24,000
Same Period Last Year (act)    324,000    8,000   1,406,000    21,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday         97,000            26,000

INDEX
                      02/18  02/17  02/14  02/13  02/12  02/11  02/10
CATFAX FED 6 STATE   118.92 119.08 119.08 119.85 119.95 120.51 121.03
CATFAX FED 3 STATE   118.96 118.98 118.98 119.74 119.74 120.39 120.99
CME FEEDER                  141.19 140.72+140.60+140.52 140.98 140.67
CME LEAN HOG         *55.54  55.66  55.97  56.38  56.70  57.32  57.93
3 Area LEAN HOG       53.22  53.26  53.30  54.01  54.33  54.70  55.27
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, Feb 19, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

02/19 AM CARCASS CUTOUT - $ 63.28   CHANGE  -1.73  TOTAL LD COUNT  176.56

02/18 PM CARCASS CUTOUT - $ 65.01   CHANGE  +2.15  TOTAL LD COUNT  365.53

CARLOT PORK -  OPEN 02/19          CARLOT PORK -  CLOSE 02/18
LOADS - CUTS  143.62 TRIM  32.93   LOADS - CUTS  321.35  TRIM 44.18
LOINS 1/4" Trim VAC       85.35    LOINS 1/4" Trim VAC       87.18
LOINS BNLS CC Strap On   100.32    LOINS BNLS CC Strap On    99.93
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    62.02           Trm Sel  20-23#    63.49
       Trm Sel  23-27#  No Test           Trm Sel  23-27#    63.37
BELLIES  Skn-on 10-12#   169.60    BELLIES  Skn-on 10-12#   166.12
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   200.22

BEEF

Des Moines, IA        Wed, Feb 19, 2020      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Morning - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am

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 02/19        BEEF CUTOUTS - CLOSE 02/18
CH 600-900# $205.99  -0.14        CH 600-900# $206.13  -1.13
SE 600-900# $203.23  -0.50        SE 600-900# $203.73  -2.45 
LOADS     59.53 - Choice Cuts     LOADS     62.91 - Choice Cuts
          13.38 - Select Cuts               22.87 - Select Cuts
           2.77 - Trimmings                 10.55 - Trimmings
          23.83 - Coarse Grinds             31.44 - Coarse Grinds

POULTRY

02/18 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $93 to $101 cents FOB
16-24 lb toms $93 to $101 cents FOB

02/13 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/08      Week Ago     Yr Ago
                                     171,276      171,982    162,013

02/14 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 02/14    Week Ago      Yr Ago
                                              $ 81.62     $ 85.82     $ 90.94
National Composite Wtd Avg for the Month of:  January -   $ 90.56

02/12 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 02/08 - 240 million, up 5% from a year ago
Chick placement for the week ending 02/08 - 191 million, up 4% from a year ago

02/19 - Daily New York Eggs 
Prices are steady. The undertone is steady. Supplies vary, but are mostly 
moderate. The New York shell egg inventory increased 5% when compared to last
week. Offerings are moderate. Demand is moderate to occasionally fairly good.
Market activity is moderate. 

Extra Large    101-105
Large           99-103
Medium          80-84

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