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St Joseph, MO         Tue, Jun 28, 2022      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 06/28/2022             126,000    1,000     450,000     7,000
Week ago                       126,000    1,000     468,000     7,000
Year ago (act)                 121,000    2,000     463,000     6,000
Week to date                   251,000    3,000     908,000    16,000
Same Period Last Week          250,000    3,000     917,000    16,000
Same Period Last Year (act)    240,000    3,000     918,000    16,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Monday           99,000            26,000

**Revised Monday Hog Slaughter..458,000**

INDEXES
                        06/28  06/27  06/24  06/23  06/22  06/21  06/20
CATFAX FED 6 STATE     142.24 142.25 142.61 141.30 141.84 142.54 142.54
CATFAX FED 3 STATE     138.03 138.05 137.72 138.00 138.10 138.61 138.61
CME FEEDER                    164.20 163.09 163.71 165.23 165.21 165.03
CME LEAN HOG          *111.26 111.64 111.35 110.91 110.69 110.74 110.45
3 Area LEAN HOG        109.24 110.17 109.53 108.58 108.46 108.44 108.76
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, June 29, 2022     USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

06/29 AM CARCASS CUTOUT - $110.38   CHANGE  +4.91 TOTAL LD COUNT  148.30

06/28 PM CARCASS CUTOUT - $105.47   CHANGE  -3.56 TOTAL LD COUNT  322.31

CARLOT PORK -  OPEN  06/29        CARLOT PORK -  CLOSE 06/28
LOADS - CUTS   135.22 TRIM 13.08    LOADS - CUTS  284.30 TRIM  38.01
LOINS 1/4" Trim VAC      126.52    LOINS 1/4" Trim VAC      126.55
LOINS BNLS CC Strap On   122.23    LOINS BNLS CC Strap On   128.66
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    99.65
       Trm Sel  20-23#    99.57           Trm Sel  20-23#    99.34
       Trm Sel  23-27#    96.44           Trm Sel  23-27#    96.43
BELLIES  Skn-on 10-12#   225.74    BELLIES  Skn-on 10-12#   275.87
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   276.45

BEEF

Des Moines, IA        Wed, June 29, 2022     USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
Morning - ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am

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  06/29       BEEF CUTOUTS -  CLOSE  06/28
CH 600-900# $265.55  -1.59        CH 600-900# $267.14   -1.54
SE 600-900# $241.33  -1.98        SE 600-900# $243.31   -1.93
LOADS     30.48 - Choice Cuts     LOADS     93.28 - Choice Cuts
          15.97 - Select Cuts               29.78 - Select Cuts
           0.02 - Trimmings                 18.73 - Trimmings
           9.69 - Coarse Grinds             11.76 - Coarse Grinds
CHOICE/SELECT SPREAD:  $24.22     CHOICE/SELECT SPREAD:  $23.83

POULTRY

06/28 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $148 to $180 cents FOB
16-24 lb toms $148 to $169 cents FOB

06/23 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 06/18      Week Ago     Yr Ago
                                     163,515      168,065    167,805

06/24 Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 06/24      Wk Ago    Yr Ago
                                              $164.35     $166.16   $106.18
National Composite Wtd Avg for the Month of:  May - $169.67

06/22 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 06/18 - 242 million, up 2% from a year ago
Chick placement for the week ending 06/18 - 191 million, up 2% from a year ago

06/28 - New York Eggs
Prices are 9 cents higher for Extra Large and Large. Medium egg prices remain
unchanged. The undertone is full steady to firm. Supplies are light to 
moderate. The New York shell egg inventory is 9% lower than a week ago.
Offerings are light. Demand into retail and food service channels is moderate
to good. Market activity is moderate to active.

Extra Large    295-299
Large          293-297
Medium         229-233

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