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St Joseph, MO    Tue Nov 24, 2020     USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE   CALVES        HOGS     SHEEP
Tuesday 11/24/2020             122,000    2,000     497,000     7,000
Week ago                       121,000    2,000     493,000     8,000
Year ago (act)                 109,000    3,000     490,000     9,000
Week to date                   242,000    4,000     994,000    15,000
Same Period Last Week          240,000    4,000     970,000    16,000
Same Period Last Year (act)    229,000    4,000     983,000    19,000
Previous Day                 Steer and Heifer  Cow and Bull
                 Monday         95,000               25,000


INDEX
                       11/23  11/20  11/19  11/18  11/17  11/16  11/13  
CATFAX FED 6 STATE    109.49 109.49 109.67 109.69 109.90 109.92 109.92 
CATFAX FED 3 STATE    109.32 109.32 109.61 109.64 110.05 110.08 110.08  
CME FEEDER            137.12 136.95 136.75 137.51 137.38 137.55 137.68  
CME LEAN HOG          *       67.83  68.14  68.77  69.32  69.73  70.08   
3 Area LEAN HOG        66.14  66.22  66.62  67.33  67.62  68.30  68.49    
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       Tues, Nov 24, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

11/24 AM CARCASS CUTOUT - $ 77.81   CHANGE  +0.04  TOTAL LD COUNT  283.42

11/24 PM CARCASS CUTOUT - $ 77.58   CHANGE  -0.19  TOTAL LD COUNT  413.82

CARLOT PORK -  OPEN 11/24          CARLOT PORK -  CLOSE 11/24
LOADS - CUTS  252.76 TRIM  30.66   LOADS - CUTS  371.38 TRIM  42.44
LOINS 1/4" Trim VAC       76.96    LOINS 1/4" Trim VAC       77.03
LOINS BNLS CC Strap On   116.52    LOINS BNLS CC Strap On   116.91
HAMS - Trm Sel  17-20#    65.09    HAMS - Trm Sel  17-20#    No Test
       Trm Sel  20-23#    64.10           Trm Sel  20-23#    68.81
       Trm Sel  23-27#   No test          Trm Sel  23-27#    64.10
BELLIES  Skn-on 10-12#   186.99    BELLIES  Skn-on 10-12#   182.81
BOXED    Skn-on 12-14#   203.52    BOXED    Skn-on 12-14#   215.26

BEEF

Des Moines, IA       Tues, Nov 24, 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 11/24         BEEF CUTOUTS -  CLOSE 11/24
CH 600-900# $244.29  +2.69        CH 600-900# $244.30  +2.70
SE 600-900# $219.49  +2.01        SE 600-900# $219.71  +2.23
LOADS     36.24 - Choice Cuts     LOADS     97.10 - Choice Cuts
          14.62 - Select Cuts               20.89 - Select Cuts
           0.00 - Trimmings                 11.71 - Trimmings
          13.98 - Coarse Grinds             31.54 - Coarse Grinds

POULTRY

11/24
 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $100 to $120 cents FOB
16-24 lb toms $105 to $120 cents FOB

11/19 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/14      Week Ago     Yr Ago
                                     166,758      170,005    168,705

11/20 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 11/20    Week Ago      Yr Ago
                                              $ 80.05    $ 74.96      $ 77.00
National Composite Wtd Avg for the Month of:  October  - $ 67.70

11/18 - Weekly Egg Sets & Chicks Placed - Delayed due to Veterans Day holiday
Weekly Egg Sets for the week ending 11/14 - 232 million, off 2% from a year ago
Chick placement for the week ending 11/14 - 180 million, off 2% from a year ago

11/24 New York Eggs
Prices are 2 cents lower for Medium and larger sizes.  Trade sentiment 
is barely steady to weak.  Supplies are mixed.  The New York shell egg
inventory declined 28%.  Offerings are light to moderate.  Retail demand       
ranges light to fairly good.  Food service demand is light.   Market            
activity is slow to moderate.
Extra Large    112-116
Large          110-114
Medium          98-102

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