St Joseph, MO         Thu, Feb 20, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 02/20/2020   (est)    122,000    2,000     492,000     7,000
Week ago (est)                 121,000    2,000     490,000     7,000
Year ago (act)                 115,000    2,000     475,000     7,000
Week to date (est)             474,000    9,000   1,963,000    28,000
Same Period Last Week (est)    482,000    9,000   1,967,000    31,000
Same Period Last Year (act)    439,000   10,000   1,881,000    28,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        96,000            26,000

INDEX
                      02/19  02/18  02/17  02/14  02/13  02/12  02/11
CATFAX FED 6 STATE   119.61 118.92 119.08 119.08 119.85 119.95 120.51
CATFAX FED 3 STATE   120.00 118.96 118.98 118.98 119.74 119.74 120.39
CME FEEDER           141.95 141.10+141.20 140.72+140.60+140.52 140.98
CME LEAN HOG         *55.78  55.54  55.66  55.97  56.38  56.70  57.32
3 Area LEAN HOG       53.70  53.22  53.26  53.30  54.01  54.33  54.70
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        Thu, Feb 20, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

02/20 AM CARCASS CUTOUT - $ 64.50   CHANGE  +0.49  TOTAL LD COUNT  128.43

02/20 PM CARCASS CUTOUT - $ 64.44   CHANGE  +0.43  TOTAL LD COUNT  289.35

CARLOT PORK -  OPEN 02/20          CARLOT PORK -  CLOSE 02/20
LOADS - CUTS  118.29 TRIM  10.14   LOADS - CUTS  264.34  TRIM 25.01
LOINS 1/4" Trim VAC       85.57    LOINS 1/4" Trim VAC       86.43
LOINS BNLS CC Strap On    98.08    LOINS BNLS CC Strap On    98.93
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    65.53
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    65.79
       Trm Sel  23-27#    67.72           Trm Sel  23-27#    65.57
BELLIES  Skn-on 10-12#   175.33    BELLIES  Skn-on 10-12#   176.46
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   195.80

BEEF

Des Moines, IA        Thu, Feb 20, 2020      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Afternoon - USDA 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.

Boxed beef cutout values lower on Choice and steady on Select on light to 
moderate demand heavy offerings. Select and Choice rib, chuck, and round cuts
steady to weak while loin cuts steady to firm. Beef trimmings sharply lower on
light demand and light to moderate offerings.

BEEF CUTOUTS -  OPEN 02/20        BEEF CUTOUTS - CLOSE 02/20
CH 600-900# $204.78  -0.79        CH 600-900# $204.50  -1.07
SE 600-900# $201.34  -0.42        SE 600-900# $201.60  -0.16 
LOADS     73.77 - Choice Cuts     LOADS    133.76 - Choice Cuts
          10.61 - Select Cuts               16.56 - Select Cuts
           5.52 - Trimmings                  7.64 - Trimmings
          13.71 - Coarse Grinds             19.19 - Coarse Grinds

POULTRY

02/20 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $94 to $102 cents FOB
16-24 lb toms $94 to $102 cents FOB

02/20 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/15      Week Ago     Yr Ago
                                     170,974      171,276    161,570

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

02/19 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 02/15 - 238 million, up 3% from a year ago
Chick placement for the week ending 02/15 - 192 million, up 5% from a year ago

02/20 - Daily New York Eggs 
Prices are steady with a steady undertone. Supplies are fully sufficient for
current needs. Offerings are moderate. Demand into all channels is mostly 
moderate. Market activity is moderate.  

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