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

                               CATTLE     CALVES     HOGS       SHEEP
Friday 11/16/2018     (est)    120,000    2,000     472,000     8,000
Week ago (est)                 114,000    2,000     473,000     7,000
Year ago (act)                 117,000    2,000     456,000     8,000
Week to date (est)             587,000   10,000   2,345,000    39,000
Same Period Last Week (est)    587,000   10,000   2,371,000    38,000
Same Period Last Year (act)    596,000    9,000   2,321,000    41,000

Saturday 11/17/2018   (est)     54,000        0     281,000         0
Week ago (est)                  53,000        0     218,000         0
Year ago (act)                  46,000        0     154,000     1,000
Week to date (est)             641,000   10,000   2,626,000    39,000
Same Period Last Week (est)    640,000   10,000   2,589,000    38,000
Same Period Last Year*(act)    641,000   10,000   2,476,000    42,000
2018 Year to Date            28,792,00  489,000 108,709,000 1,740,000
2017 *Year to Date           28,106,00  442,000 106,111,000 1,699,000
Percent change                    2.4%    10.7%        2.4%      2.4%
2018 *Totals subject to revision
2017 *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           23,000

INDEX
                      11/15  11/14  11/13  11/12  11/09  11/08  11/07
CATFAX FED 6 STATE   113.89 113.92 113.99 114.01 114.01 115.52 115.55
CATFAX FED 3 STATE   114.21 114.21 114.21 114.21 114.21 115.98 115.98
CME FEEDER           147.83 148.93 149.38 149.89 150.59 151.63 152.23
CME LEAN HOG         *59.10  59.86  60.47  61.20  61.87  62.77  63.38
3 Area LEAN HOG       56.26  56.64  57.75  58.34  59.00  59.69  60.36
*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        Fri, Nov 16, 2018      USDA Market News

11/16 AM CARCASS CUTOUT - $ 68.99   CHANGE  +0.32  TOTAL LD COUNT  230.90

11/16 PM CARCASS CUTOUT - $ 68.18   CHANGE  -0.49  TOTAL LD COUNT  385.75

CARLOT PORK -  OPEN 11/16          CARLOT PORK - CLOSE 11/16
LOADS - CUTS  200.26 TRIM  30.64  LOADS - CUTS  329.98  TRIM  55.78
LOINS 1/4" Trim VAC       75.28    LOINS 1/4" Trim VAC       73.19
LOINS BNLS CC Strap On   110.97    LOINS BNLS CC Strap On   109.78
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    53.88
       Trm Sel  23-27#    48.15           Trm Sel  23-27#    47.67
BELLIES  Skn-on 10-12#   177.30    BELLIES  Skn-on 10-12#   181.28
BOXED    Skn-on 12-14#   201.50    BOXED    Skn-on 12-14#   195.64

BEEF

Des Moines, IA        Fri, Nov 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 Choice and steady on Select on light to
moderate demand and offerings. Select and Choice loin cuts steady while rib,
chuck, and round cuts steady to weak. Beef trimmings not fully established.

BEEF CUTOUTS -  OPEN 11/16        BEEF CUTOUTS - CLOSE 11/16
CH 600-900# $213.33  -0.22        CH 600-900# $212.91  -0.64
SE 600-900# $197.56  -0.02        SE 600-900# $197.57  -0.01
LOADS     23.56 - Choice Cuts     LOADS     53.22 - Choice Cuts
           6.39 - Select Cuts               13.61 - Select Cuts
           0.00 - Trimmings                  0.00 - Trimmings
          12.07 - Coarse Grinds             15.74 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 11/16   Week Ago     Yr Ago
                                              $ 87.75    $ 85.74    $ 85.80
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: October - $ 83.56

11/14 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 11/10 - 222 million, down slightly from 
a year ago.
Chick placement for the week ending 11/10 - 172 million, down 2% from a 
year ago.

11/16- Daily New York Eggs
Prices are unchanged on all sizes. The undertone is mostly steady. Supplies are
light to moderate for needs. Demand is moderate to good. Current offerings are
light to moderate. Market activity is moderate to active.

Extra Large    131-135
Large          129-133
Medium         113-117