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St Joseph, MO         Mon, Jul 16, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 07/16/2018     (est)    119,000    2,000     431,000     8,000
Week ago (est)                 119,000    2,000     444,000     7,000
Year ago (act)                 108,000    2,000     417,000     7,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Friday          96,000             22,000
                      Saturday        42,000             11,000

**Revised Saturday Hog Slaughter..26,000  New Week-to-Date..2,275,000**

INDEX
                     07/13  07/12  07/11  07/10  07/09  07/06  07/05
CATFAX FED 6 STATE  110.63 112.96 112.96 112.96 112.95 112.95 107.68
CATFAX FED 3 STATE  110.94 112.72 112.71 112.71 112.71 112.71 107.72
CME FEEDER          148.27 148.16 147.16 145.08 146.75 146.48 145.15
CME LEAN HOG        *80.34  80.91  81.26  81.52  81.67  81.92  82.11
3 Area LEAN HOG      77.12  77.76  78.20  78.50  78.33  78.87   NA
*DTN 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        Mon, Jul 16, 2018      USDA Market News

07/16 AM CARCASS CUTOUT - $ 83.74   CHANGE  -0.08  TOTAL LD COUNT  145.49

07/16 PM CARCASS CUTOUT - $ 83.37   CHANGE  -0.45  TOTAL LD COUNT  293.54

CARLOT PORK -  OPEN 07/16          CARLOT PORK - CLOSE 07/16
LOADS - CUTS  136.45 TRIM  9.03   LOADS - CUTS  271.26  TRIM 22.27
LOINS 1/4" Trim VAC       99.20    LOINS 1/4" Trim VAC      100.20
LOINS BNLS CC Strap On   110.85    LOINS BNLS CC Strap On   111.49
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    53.39
       Trm Sel  23-27#    57.91           Trm Sel  23-27#    54.10
BELLIES  Skn-on 10-12#   232.55    BELLIES  Skn-on 10-12#   226.04
BOXED    Skn-on 12-14#   205.06    BOXED    Skn-on 12-14#   203.85

BEEF

Des Moines, IA        Mon, Jul 16, 2018      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 weak on light to moderate demand and moderate to heavy 
offerings. Select and Choice rib, chuck, round, and loin cuts steady to weak. 
Beef trimmings sharply higher on good demand and moderate offerings.

BEEF CUTOUTS -  OPEN 07/16        BEEF CUTOUTS - CLOSE 07/16 
CH 600-900# $203.84  -0.30        CH 600-900# $203.76  -0.38
SE 600-900# $197.14  +0.77        SE 600-900# $195.67  -0.70
LOADS     28.13 - Choice Cuts     LOADS     67.66 - Choice Cuts
           9.50 - Select Cuts               22.10 - Select Cuts
           6.70 - Trimmings                  8.13 - Trimmings
          10.41 - Coarse Grinds             14.83 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 07/13   Week Ago     Yr Ago
                                              $112.48    $114.31    $106.25
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: June - $118.92

07/11 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/07 - 232 million, up 3% from a year ago
Chick placement for the week ending 07/07 - 186 million, up 2% from a year ago

07/16 - Daily New York Eggs
Prices are 5 cents lower for Extra Large and Large, 3 cents lower for Medium.
The undertone is lower. Current supplies on hand are moderate to heavy for
needs. Offerings are at least moderate. Demand is moderate. Market activity is
moderate.

Extra Large    144-148
Large          142-146
Medium          76-80

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