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      This page will not be updated on Friday, July 3, 2020 
                in observance of Independence Day         


St Joseph, MO         Thu, Jul 02, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 07/02/2020   (est)    121,000    2,000     461,000     7,000
Week ago (est)                 120,000    1,000     472,000     8,000
Year ago (act)                   2,000    1,000      23,000         0
Week to date (est)             484,000    7,000   1,867,000    32,000
Same Period Last Week (est)    479,000    6,000   1,846,000    32,000
Same Period Last Year (act)    366,000    9,000   1,437,000    27,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Wednesday        94,000            27,000

INDEX
                      07/01  06/30  06/29  06/26  06/25  06/24  06/23
CATFAX FED 6 STATE    95.73  95.73  95.77  96.06  96.12  97.72 101.00
CATFAX FED 3 STATE    94.84  95.51  95.51  95.85  95.87  97.79 101.56 
CME FEEDER           129.05 129.13 129.42 129.68 130.04 129.82 129.12
CME LEAN HOG         *45.01  45.27  45.24  45.23  45.23  44.87  45.10
3 Area LEAN HOG       42.61  42.01  42.21  43.13  42.81  42.45  41.60
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        Thu, Jul 02, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

07/02 AM CARCASS CUTOUT - $ 67.48   CHANGE  +3.86  TOTAL LD COUNT  227.42

07/02 PM CARCASS CUTOUT - $ 66.46   CHANGE  +2.84  TOTAL LD COUNT  444.53

CARLOT PORK -  OPEN 07/02          CARLOT PORK -  CLOSE 07/02
LOADS - CUTS  210.44 TRIM  16.97   LOADS - CUTS  398.09 TRIM  46.44
LOINS 1/4" Trim VAC       72.55    LOINS 1/4" Trim VAC       72.42
LOINS BNLS CC Strap On   104.19    LOINS BNLS CC Strap On   102.12
HAMS - Trm Sel  17-20#    37.32    HAMS - Trm Sel  17-20#    35.95
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    36.14
       Trm Sel  23-27#    32.99           Trm Sel  23-27#    33.16
BELLIES  Skn-on 10-12#   180.69    BELLIES  Skn-on 10-12#   179.93
BOXED    Skn-on 12-14#   230.69    BOXED    Skn-on 12-14#   190.59

BEEF

Des Moines, IA        Thu, Jul 02, 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.

Trends - Not available due to technical issues at the USDA

BEEF CUTOUTS -  OPEN 07/02       BEEF CUTOUTS -  CLOSE 07/02
CH 600-900# $205.54  +0.16        CH 600-900# $205.44  +0.06
SE 600-900# $198.30  -0.13        SE 600-900# $198.76  +0.33
LOADS     42.29 - Choice Cuts     LOADS     87.50 - Choice Cuts
          10.13 - Select Cuts               16.28 - Select Cuts
          10.20 - Trimmings                 21.29 - Trimmings
          16.06 - Coarse Grinds             31.15 - Coarse Grinds

POULTRY

07/02 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $105 to $113 cents FOB
16-24 lb toms $105 to $113 cents FOB

07/02 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 06/27      Week Ago     Yr Ago
                                     164,757      161,890    176,310

07/02 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 07/02    Week Ago      Yr Ago
                                              $ 74.97     $ 74.24     $ 93.75
National Composite Wtd Avg for the Month of: June - $ 74.97

07/01 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 06/27 - 232 million, up 1% from a year ago
Chick placement for the week ending 06/27 - 190 million, down slightly from a 
year ago

07/02 - Daily New York Eggs 
Prices are 1 cent higher for Extra Large and Large, unchanged for Medium. The
undertone is steady to fully steady. Supplies are moderate. Food service demand
is light to moderate. Retail demand continues moderate to instances fairly
good. Offerings are moderate. Market activity is moderate.

Extra Large     95-99
Large           93-97
Medium          68-72

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