St Joseph, MO         Fri, Sep 25, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Friday 09/25/2020     (est)    112,000    1,000     478,000     5,000
Week ago (est)                 111,000    1,000     459,000     5,000
Year ago (act)                 114,000    3,000     482,000     4,000
Week to date (est)             594,000    8,000   2,397,000    31,000
Same Period Last Week (est)    590,000    8,000   2,385,000    33,000
Same Period Last Year (act)    582,000   13,000   2,357,000    36,000

Saturday 09/26/2020   (est)     57,000        0     230,000         0
Week ago (est)                  55,000        0     193,000     1,000
Year ago (act)                  67,000        0     285,000     1,000
Week to date (est)             651,000    8,000   2,627,000    31,000
Same Period Last Week (est)    645,000    8,000   2,578,000    34,000
Same Period Last Year*(act)    650,000   12,000   2,641,000    38,000
2020 Year to Date            23,505,00  333,000  94,959,000 1,392,000
2019 *Year to Date           24,571,00  427,000  93,871,000 1,500,000
Percent change                   -4.3%   -22.1%        1.2%     -7.2%
2020 *Totals subject to revision
2019 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated             Steer and Heifer  Cow and Bull
                      Thursday          97,000           24,000

**Revised Thursday Hog Slaughter..469,000  New Week to Date..1,919,000**

INDEX
                      09/25  09/24  09/23  09/22  09/21  09/18  09/17  09/16
CATFAX FED 6 STATE          104.91 103.60 103.37 103.36 103.36 103.15 102.69
CATFAX FED 3 STATE          104.99 103.55 103.21 103.21 103.21 102.92 102.82
CME FEEDER                  142.23 142.59 142.28 142.45+142.05+142.19+141.21
CME LEAN HOG         *75.42  74.53  73.70  72.89  72.17  71.29  69.58  67.84
3 Area LEAN HOG       73.77  72.47  71.58  70.76  66.21  69.45  67.18  65.95
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        Fri, Sep 25, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

09/25 AM CARCASS CUTOUT - $ 92.94   CHANGE  +0.91  TOTAL LD COUNT  252.10

09/25 PM CARCASS CUTOUT - $ 91.32   CHANGE  -0.71  TOTAL LD COUNT  378.38

CARLOT PORK -  OPEN 09/25          CARLOT PORK -  CLOSE 09/25
LOADS - CUTS  225.18 TRIM  26.92   LOADS - CUTS  342.50 TRIM  35.88
LOINS 1/4" Trim VAC       92.04    LOINS 1/4" Trim VAC       93.59
LOINS BNLS CC Strap On   120.33    LOINS BNLS CC Strap On   121.59
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    77.88           Trm Sel  20-23#    76.17
       Trm Sel  23-27#    71.32           Trm Sel  23-27#    71.19
BELLIES  Skn-on 10-12#   185.65    BELLIES  Skn-on 10-12#   187.83
BOXED    Skn-on 12-14#   289.02    BOXED    Skn-on 12-14#   220.99

BEEF

Des Moines, IA        Fri, Sep 25, 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.

BEEF CUTOUTS -  OPEN 09/25        BEEF CUTOUTS -  CLOSE 09/25
CH 600-900# $219.22  +1.74        CH 600-900# $219.34  +1.86
SE 600-900# $207.37  -0.37        SE 600-900# $206.98  -0.76
LOADS     32.54 - Choice Cuts     LOADS     83.11 - Choice Cuts
          17.48 - Select Cuts               27.84 - Select Cuts
          10.56 - Trimmings                 12.30 - Trimmings
           6.07 - Coarse Grinds             14.60 - Coarse Grinds

POULTRY

09/25 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $111 to $117 cents FOB
16-24 lb toms $111 to $117 cents FOB

09/24 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 09/19      Week Ago     Yr Ago
                                     170,275      149,110    174,993

09/25 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 09/25    Week Ago      Yr Ago
                                              $ 63.27    $ 63.48      $ 78.48
National Composite Wtd Avg for the Month of:  August  -  $ 66.08

09/23 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 09/19 - 223 million, off 2% from a year ago
Chick placement for the week ending 09/19 - 186 million, off 1% from a year ago

09/25 - Daily New York Eggs 
Prices are 1 cent higher for Medium and larger sizes. The undertone is firm.
Supplies are mostly moderate. Offerings are generally light. Retail demand is
moderate to fairly good. Market activity is moderate to active.

Extra Large    101-105
Large           99-103
Medium          74-78