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St Joseph, MO         Wed, Apr 01, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 04/01/2020  (est)    116,000    3,000     485,000     5,000
Week ago (est)                 122,000    3,000     498,000     6,000
Year ago (act)                 122,000    2,000     482,000     8,000
Week to date (est)             352,000    7,000   1,469,000    19,000
Same Period Last Week (est)    361,000    7,000   1,493,000    21,000
Same Period Last Year (act)    362,000    6,000   1,432,000    27,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday          94,000            25,000

INDEX
                      03/31  03/30  03/27  03/26  03/25  03/24  03/23
CATFAX FED 6 STATE   119.59 119.59 119.59 119.38 119.08 113.11 111.92
CATFAX FED 3 STATE   119.73 119.73 119.73 119.57 119.57 114.28 113.07
CME FEEDER           129.82 131.10 132.57 130.44 128.50 123.44 118.23
CME LEAN HOG         *64.46  65.15  65.56  66.46  66.17  65.12  63.98
3 Area LEAN HOG       61.73  62.95  62.89  63.91  64.45  63.43  62.48
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, Apr 01, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

04/01 AM CARCASS CUTOUT - $ 63.09   CHANGE  -1.95  TOTAL LD COUNT  187.65

04/01 PM CARCASS CUTOUT - $ 62.05   CHANGE  -2.99  TOTAL LD COUNT  300.71

CARLOT PORK -  OPEN 04/01          CARLOT PORK -  CLOSE 04/01
LOADS - CUTS  167.54 TRIM  20.11   LOADS - CUTS  269.83 TRIM  30.88
LOINS 1/4" Trim VAC      132.54    LOINS 1/4" Trim VAC      133.30
LOINS BNLS CC Strap On   171.93    LOINS BNLS CC Strap On   167.01
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    41.81
       Trm Sel  23-27#    33.18           Trm Sel  23-27#    33.04
BELLIES  Skn-on 10-12#   133.96    BELLIES  Skn-on 10-12#   135.13
BOXED    Skn-on 12-14#   190.00    BOXED    Skn-on 12-14#   190.00

BEEF

Des Moines, IA        Wed, Apr 01, 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 sharply lower on light demand and moderate offerings. 
Select and Choice rib, chuck, and loin cuts weak to lower while round cuts 
higher.

BEEF CUTOUTS -  OPEN 04/01        BEEF CUTOUTS - CLOSE 04/01
CH 600-900# $235.85  -7.30        CH 600-900# $235.17  -7.98
SE 600-900# $226.90  -2.06        SE 600-900# $225.13  -3.83
LOADS     42.87 - Choice Cuts     LOADS     68.92 - Choice Cuts
           5.07 - Select Cuts               14.84 - Select Cuts
          22.82 - Trimmings                 26.78 - Trimmings
           6.86 - Coarse Grinds             24.73 - Coarse Grinds

POULTRY

04/01 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $97 to $104 cents FOB
16-24 lb toms $97 to $104 cents FOB

03/26 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 03/21      Week Ago     Yr Ago
                                     171,690      170,505    163,402

03/27 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 03/27    Week Ago      Yr Ago
                                              $ 83.68     $ 87.51     $ 95.48
National Composite Wtd Avg for the Month of:  February -  $ 80.64

04/01 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 03/28 - 239 million, up 3% from a year ago
Chick placement for the week ending 03/28 - 191 million, up 3% from a year ago

04/01 - Daily New York Eggs 
Prices are 20 cents lower for Medium, although unchanged on the balance of
sizes. The undertone is steady to barely steady. Supplies are generally light
to moderate. Offerings are light. Demand into retail channels is mostly good.
Food service demand is very light. Market activity is moderate to active.

Extra Large    307-311
Large          305-309
Medium         208-212

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