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St Joseph, MO         Tue, Feb 20, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 02/20/2018    (est)    117,000    2,000     443,000     9,000
Week ago (est)                 117,000    2,000     462,000     9,000
Year ago (act)                 115,000    2,000     448,000     9,000
Week to date (est)             213,000    4,000     879,000    15,000
Same Period Last Week (est)    227,000    4,000     924,000    15,000
Same Period Last Year (act)    215,000    4,000     873,000    14,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Monday           74,000            22,000

**Revised Monday Hog Slaughter..436,000**

INDEX
                     02/20  02/19  02/16  02/15  02/14  02/13  02/12  02/09
CATFAX FED 6 STATE         129.89 129.89 126.14 126.14 126.13 126.13 126.13
CATFAX FED 3 STATE         129.92 129.92 126.00 126.00 126.00 126.00 126.00
CME FEEDER                 148.11 147.82 148.15 147.70 147.62 147.57 147.63
CME LEAN HOG        *70.78  71.41  72.09  72.89  73.49  74.01  74.30  74.72
3 Area LEAN HOG      67.97  68.94  69.12  69.82  70.56  71.03  71.67  71.79

*DTN projected Lean Hog Index, 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, Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, Oklahoma

PORK

Des Moines, IA        Tue, Feb 20, 2018      USDA Market News

02/20 AM CARCASS CUTOUT - $ 79.98   CHANGE  +1.62  TOTAL LD COUNT  241.90

02/20 PM CARCASS CUTOUT - $ 79.72   CHANGE  +1.36  TOTAL LD COUNT  388.90
 
CARLOT PORK - OPEN 02/20           CARLOT PORK - CLOSE 02/20
LOADS - CUTS  218.05  TRIM 23.85   LOADS - CUTS  345.92  TRIM 42.98
LOINS 1/4" Trim VAC       92.91    LOINS 1/4" Trim VAC       91.65
LOINS BNLS CC Strap On   116.20    LOINS BNLS CC Strap On   114.65
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    67.46
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    67.82
       Trm Sel  23-27#    61.83           Trm Sel  23-27#    61.46
BELLIES  Skn-on 10-12#   214.20    BELLIES  Skn-on 10-12#   206.97
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   200.74

BEEF

Des Moines, IA        Tue, Feb 20, 2018      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 higher on moderate to good demand and light to 
moderate offerings. Select and Choice rib and round cuts steady to firm while 
chuck and loin cuts firm to higher. Beef trimmings generally steady on light to 
moderate demand and offerings.

BEEF CUTOUTS -  OPEN 02/20        BEEF CUTOUTS - CLOSE 02/20
CH 600-900# $215.77  +3.20        CH 600-900# $215.92  +3.35
SE 600-900# $210.50  +3.07        SE 600-900# $210.40  +2.97
LOADS     38.30 - Choice Cuts       LOADS   65.73 - Choice Cuts
          12.26 - Select Cuts               20.74 - Select Cuts
           7.31 - Trimmings                  8.31 - Trimmings
          11.45 - Coarse Grinds             18.15 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 02/16    Week Ago    Yr Ago
                                              $ 91.24    $ 90.63    $ 85.67
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: January - $ 94.00

02/14 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 02/10 - 226 million, up 2% from a year ago
Chick placement for the week ending 02/10 - 178 million, down slightly from a
year ago.

02/20 - Daily New York Eggs
Prices are 3 cents higher on all sizes. Trade sentiment is steady. Supplies of 
All sizes are available for current trade needs. Offerings are light to
Moderate. Demand into retail and distributive channels is light to moderate.
Market activity is moderate. 

Extra Large    145-149
Large          143-147
Medium         112-116

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