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St Joseph, MO         Fri, Jun 15, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Friday 06/15/2018     (est)    118,000    2,000     412,000     7,000
Week ago (est)                 120,000    2,000     419,000     7,000
Year ago (act)                 119,000    2,000     418,000     7,000
Week to date (est)             586,000   10,000   2,194,000    39,000
Same Period Last Week (est)    597,000   10,000   2,208,000    40,000
Same Period Last Year (act)    592,000    9,000   2,127,000    37,000

Saturday 06/16/2018   (est)     68,000        0      21,000     1,000
Week ago (est)                  61,000        0      63,000     1,000
Year ago (act)                  46,000        0      51,000     1,000
Week to date (est)             654,000   10,000   2,215,000    40,000
Same Period Last Week (est)    658,000   10,000   2,271,000    41,000
Same Period Last Year*(act)    639,000    9,000   2,178,000    39,000
2018 Year to Date            14,759,00  243,000  56,151,000   921,000
2017 *Year to Date           14,319,00  228,000  54,615,000   887,000
Percent change                    3.1%     6.7%        2.8%      3.9%
2018 *Totals subject to revision
2017 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated            Steer and Heifer    Cow and Bull
                      Thursday        93,000             23,000

INDEX
                     06/14  06/13  06/12  06/11  06/08  06/07  06/06
CATFAX FED 6 STATE  114.63 114.82 114.83 114.83 114.83 110.43 110.42
CATFAX FED 3 STATE  114.97 114.97 114.97 114.97 114.97 109.92 109.97
CME FEEDER          140.73 140.70 141.02 140.95 140.61 140.49 139.65
CME LEAN HOG        *81.44  80.09  78.71  77.18  75.79  74.57  73.50
3 Area LEAN HOG      78.83  77.07  75.83  74.29  73.01  71.64  70.55
*DTN 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        Fri, June 15, 2018     USDA Market News

06/15 AM CARCASS CUTOUT - $ 83.62   CHANGE  +1.22  TOTAL LD COUNT  142.03

06/15 PM CARCASS CUTOUT - $ 84.09   CHANGE  +1.69  TOTAL LD COUNT  282.48
 
CARLOT PORK -  OPEN 06/15          CARLOT PORK - CLOSE 06/15
LOADS - CUTS  130.75 TRIM 11.28   LOADS - CUTS  257.09  TRIM 25.39
LOINS 1/4" Trim VAC      103.15    LOINS 1/4" Trim VAC      102.77
LOINS BNLS CC Strap On   119.14    LOINS BNLS CC Strap On   118.72
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    66.88           Trm Sel  20-23#    66.88
       Trm Sel  23-27#    62.69           Trm Sel  23-27#    62.91
BELLIES  Skn-on 10-12#   202.51    BELLIES  Skn-on 10-12#   203.89
BOXED    Skn-on 12-14#   207.45    BOXED    Skn-on 12-14#   207.45

BEEF

Des Moines, IA        Fri, Jun 15, 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 weak on Choice and higher on Select on light to 
moderate demand and offerings. Select and Choice rib, round, and loin cuts
steady to firm. Choice chuck cuts steady while Select higher. Beef trimmings
generally steady on light to moderate demand and heavy offerings. 

BEEF CUTOUTS -  OPEN 06/15        BEEF CUTOUTS - CLOSE 06/15 
CH 600-900# $222.06  -0.02        CH 600-900# $221.59  -0.49
SE 600-900# $206.68  +0.71        SE 600-900# $202.73  +0.76
LOADS     39.82 - Choice Cuts     LOADS     52.84 - Choice Cuts
          11.16 - Select Cuts               20.88 - Select Cuts
          12.00 - Trimmings                 29.97 - Trimmings
          11.04 - Coarse Grinds             16.30 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 06/15   Week Ago     Yr Ago
                                              $120.03    $121.00    $107.79
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  May - $117.59

06/13 - Weekly Egg Sets & Chicks Placed - 
Weekly Egg Sets for the week ending 06/09 - 233 million, up 3% from a year ago
Chick placement for the week ending 06/09 - 189 million, up 3% from a year ago

06/15 - Daily New York Eggs
Prices are 3 cents higher for Extra Large and Large, and Medium continue steady
The undertone is steady to higher. Supplies are available. Offerings are 
usually light to moderate. Demand into all channels is moderate. Market 
activity is moderate.

Extra Large    109-113
Large          107-111
Medium          78-82

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