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St Joseph, MO         Tue, Oct 20, 2020      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Tuesday 10/20/2020             121,000    2,000     488,000     9,000
Week ago                       120,000    2,000     488,000     8,000
Year ago (act)                 119,000    3,000     487,000     9,000
Week to date                   239,000    4,000     965,000    18,000
Same Period Last Week          237,000    4,000     966,000    17,000
Same Period Last Year (act)    236,000    5,000     977,000    18,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Monday           94,000            24,000

**Revised Monday Hog Slaughter..477,000.**

INDEX
                       10/19  10/16  10/15  10/14  10/13  10/12  10/09
CATFAX FED 6 STATE    107.23 107.84 108.35 108.33 108.50 108.53 108.53
CATFAX FED 3 STATE    107.11 108.06 108.68 108.62 108.80 108.83 108.83
CME FEEDER            138.66 140.26 140.22 140.91 140.92 140.71+141.23
CME LEAN HOG          *78.62  78.27  78.23  78.49  78.24  78.21  78.14
3 Area LEAN HOG        77.20  76.82  76.21  76.32  76.53  75.87  76.72
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        Tue, Oct 20, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

10/20 AM CARCASS CUTOUT - $ 99.87   CHANGE  +1.77  TOTAL LD COUNT  215.53

10/20 PM CARCASS CUTOUT - $ 96.91   CHANGE  -1.19  TOTAL LD COUNT  353.59

CARLOT PORK -  OPEN 10/20          CARLOT PORK -  CLOSE 10/20
LOADS - CUTS  199.90 TRIM  15.63   LOADS - CUTS  322.80 TRIM  30.79
LOINS 1/4" Trim VAC      113.11    LOINS 1/4" Trim VAC      104.94
LOINS BNLS CC Strap On   128.93    LOINS BNLS CC Strap On   125.40
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    71.39
       Trm Sel  20-23#    73.28           Trm Sel  20-23#    72.84
       Trm Sel  23-27#    69.49           Trm Sel  23-27#    69.03
BELLIES  Skn-on 10-12#   291.95    BELLIES  Skn-on 10-12#   286.41
BOXED    Skn-on 12-14#   271.91    BOXED    Skn-on 12-14#   268.78

BEEF

Des Moines, IA        Tue, Oct 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.

BEEF CUTOUTS -  OPEN 10/20        BEEF CUTOUTS -  CLOSE 10/20
CH 600-900# $211.34  +1.60        CH 600-900# $210.60  +0.86
SE 600-900# $195.12  +3.28        SE 600-900# $191.67  -0.17
LOADS     40.99 - Choice Cuts     LOADS    124.76 - Choice Cuts
          11.44 - Select Cuts               33.11 - Select Cuts
          12.43 - Trimmings                 22.32 - Trimmings
           6.39 - Coarse Grinds              9.38 - Coarse Grinds

POULTRY

10/20 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $114 to $118 cents FOB
16-24 lb toms $114 to $119 cents FOB

10/15 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 10/10      Week Ago     Yr Ago
                                     168,293      169,714    174,574

10/16 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 10/16    Week Ago      Yr Ago
                                              $ 67.87    $ 65.06      $ 78.49
National Composite Wtd Avg for the Month of: September - $ 63.58

10/14 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 10/10 - 224 million, up 2% from a year ago
Chick placement for the week ending 10/10 - 177 million, off 3% from a year ago

10/20 - Daily New York Eggs 
Prices are steady. The undertone is at best steady. Supplies are adequate to 
fully adequate needs. The New York shell egg inventory is 8 percent higher than
the previous week. Offerings are light to moderate. Demand into retail channels
is moderate to fairly good. Market activity is moderate but slowing. 

Extra Large    119-123
Large          117-121
Medium         106-110

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