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St Joseph, MO    Wed Mar 03, 2021     USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE   CALVES        HOGS     SHEEP
Wednesday 03/03/2021           121,000    2,000     497,000     7,000
Week ago                       121,000    2,000     497,000     6,000
Year ago (act)                 122,000    2,000     496,000     7,000
Week to date                   364,000    6,000   1,487,000    24,000
Same Period Last Week          362,000    6,000   1,483,000    23,000
Same Period Last Year (act)    369,000    5,000   1,484,000    23,000
Previous Day                 Steer and Heifer  Cow and Bull
                 Tuesday        96,000               27,000

INDEXES
                       03/02  03/01  02/26  02/25  02/24  02/23  02/22    
CATFAX FED 6 STATE    114.03 114.04 114.04 114.01 113.99 113.98 113.97   
CATFAX FED 3 STATE    114.02 114.03 114.03 114.03 114.02 114.00 114.00   
CME FEEDER            137.17 137.54 138.35 138.91 139.48 140.11 140.39   
CME LEAN HOG          *83.27  82.63  81.90  80.70  79.95  79.12  78.16      
3 Area LEAN HOG        81.52  81.20  80.02  78.59  77.92  77.42  76.59      
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, Mar 03, 2021      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

03/03 AM CARCASS CUTOUT - $ 94.22   CHANGE  -0.65  TOTAL LD COUNT  171.42

03/02 PM CARCASS CUTOUT - $ 94.87   CHANGE  +2.50  TOTAL LD COUNT  387.07

CARLOT PORK -  OPEN  03/03         CARLOT PORK -  CLOSE 03/03
LOADS - CUTS  144.77 TRIM  26.65   LOADS - CUTS  243.46 TRIM  36.76
LOINS 1/4" Trim VAC       93.47    LOINS 1/4" Trim VAC       94.24
LOINS BNLS CC Strap On   109.79    LOINS BNLS CC Strap On   111.24
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#  No Test
       Trm Sel  23-27#    71.17           Trm Sel  23-27#    69.58
BELLIES  Skn-on 10-12#   227.80    BELLIES  Skn-on 10-12#   233.10
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   211.22

BEEF

Des Moines, IA        Wed, Mar 03, 2021      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales 
Morning - 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  03/03       BEEF CUTOUTS -  CLOSE 03/03
CH 600-900# $233.31  -1.37        CH 600-900# $233.03  -1.65
SE 600-900# $226.40  +0.23        SE 600-900# $224.24  -1.93
LOADS     37.77 - Choice Cuts     LOADS     68.24 - Choice Cuts
          09.47 - Select Cuts               18.44 - Select Cuts
          16.35 - Trimmings                 19.87 - Trimmings
           7.60 - Coarse Grinds             13.58 - Coarse Grinds

POULTRY

03/03 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $108 to $115 cents FOB
16-24 lb toms $108 to $115 cents FOB

02/25- Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/20      Week Ago     Yr Ago
                                      95,927      163,944    169,956

02/26 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 02/26    Week Ago      Yr Ago
                                              $ 83.05    $ 83.16      $ 76.71
National Composite Wtd Avg for the Month of:  February - $ 82.97

03/03 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 02/27 - 236 million, off 2% from a year ago
Chick placement for the week ending 02/27 - 185 million, off 3% from a year ago

03/03 - New York Eggs
Prices are 5 cents higher Medium and larger sizes.  The undertone is firm.      
Supplies are light to mostly moderate.  Offerings are light.  Retail demand     
is moderate to fairly good.  Food service demand is light.  Market activity     
is moderate.         
                                  
 

Extra Large    135-139
Large          133-137
Medium         105-109

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