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St Joseph, MO         Fri, Nov 17, 2017      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES      HOGS       SHEEP
Friday 11/17/2017     (est)      118,000     2,000     461,000     8,000
Week ago (est)                   112,000     2,000     458,000     7,000
Year ago (act)                   115,000     3,000     436,000     5,000
Week to date (est)               591,000    10,000   2,319,000    39,000
Same Period Last Week (est)      576,000    10,000   2,304,000    38,000
Same Period Last Year (act)      576,000    11,000   2,199,000    41,000

Saturday 11/18/2017   (est)       48,000         0     154,000     1,000
Week ago (est)                    47,000         0     191,000     1,000
Year ago (act)                    53,000         0     329,000         0
Week to date (est)               639,000    10,000   2,473,000    40,000
Same Period Last Week (est)      623,000    10,000   2,495,000    39,000
Same Period Last Year*(act)      629,000    11,000   2,527,000    41,000
2017 Year to Date             28,103,000   442,000 106,111,000 1,698,000
2016 *Year to Date            26,645,000   415,000 103,488,000 1,771,000
Percent change                      5.5%      6.5%        2.5%     -4.1%
2017 *Totals subject to revision
2016 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated              Steer and Heifer     Cow and Bull
                      Thursday           96,000             24,000

INDEX
                     11/16  11/15  11/14  11/13  11/10  11/09  11/08  11/07
CATFAX FED 6 STATE  119.23 119.47 122.95 123.36 123.36 123.84 123.85 124.11
CATFAX FED 3 STATE  119.12 119.12 123.56 123.87 123.87 124.21 124.37 124.69
CME FEEDER            NA   158.44 159.30 159.48 160.00 159.38 158.98 159.01
CME LEAN HOG        *65.42  65.97  66.37  66.68  67.00  67.47  67.94  68.35
3 Area LEAN HOG      62.26  62.84  63.19  63.65  63.96  64.35  64.88  65.35

*DTN projected Lean Hog Index, 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, Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, Oklahoma

PORK

Des Moines, IA        Fri, Nov 17, 2017      USDA Market News

11/17 AM CARCASS CUTOUT - $ 80.48   CHANGE  -0.07  TOTAL LD COUNT  133.28

11/17 PM CARCASS CUTOUT - $ 80.96   CHANGE  +0.41  TOTAL LD COUNT  231.90

CARLOT PORK - OPEN 11/17            CARLOT PORK - CLOSE 11/17
LOADS - CUTS   123.02  TRIM 10.27   LOADS - CUTS   208.44  TRIM 23.46
LOINS 1/4" Trim VAC       86.92     LOINS 1/4" Trim VAC       84.58
LOINS BNLS CC Strap On   117.78     LOINS BNLS CC Strap On   117.63
HAMS - Trm Sel  17-20#  No Test     HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    66.78            Trm Sel  20-23#    66.78
       Trm Sel  23-27#    63.05            Trm Sel  23-27#    62.33
BELLIES  Skn-on 10-12#   187.73     BELLIES  Skn-on 10-12#   188.44
BOXED    Skn-on 12-14#   179.97     BOXED    Skn-on 12-14#   179.18

BEEF

Des Moines, IA        Fri, Nov 17, 2017      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.

Boxed beef cutout values sharply lower on Choice and steady on Select on light
to moderate demand and moderate to heavy offerings. Choice rib and loin cuts
weak to lower while Select firm to higher. Select and Choice chuck cuts lower
while round cuts steady to weak. Beef trimmings unevenly steady on light demand
and offerings.

BEEF CUTOUTS -  OPEN 11/17        BEEF CUTOUTS - CLOSE 11/17
CH 600-900# $208.56  -1.68        CH 600-900# $207.24  -3.00
SE 600-900# $188.87  +1.04        SE 600-900# $187.85  +0.02
LOADS    33.58 - Choice Cuts      LOADS    63.80 - Choice Cuts
         22.17 - Select Cuts               63.13 - Select Cuts
          9.45 - Trimmings                 10.53 - Trimmings
         11.05 - Coarse Grinds             20.36 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 11/17    Week Ago    Yr Ago
                                              $ 85.80    $ 86.12    $ 79.74
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: October  -  $ 84.84

11/15 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 11/11 - 220 million, up 1% from a year ago 
Chick placement for the week ending 11/11 - 175 million, up 2% from a year ago

11/17 - Daily New York Eggs
Prices are 5 cents higher for Extra Large and Large, unchanged for Medium. The
undertone is steady to higher. Supplies are light to moderate for needs.
Current offerings are light. Demand is fairly good to good. Market activity is
moderate to active.

Extra Large    173-177
Large          171-175
Medium         124-128

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