St Joseph, MO         Wed, Jan 23, 2019     USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS      SHEEP
Wednesday 01/23/2019  (est)    117,000    2,000     466,000     5,000
Week ago (est)                 120,000    2,000     480,000     7,000
Year ago (act)                 115,000    2,000     465,000     6,000
Week to date (est)             352,000    6,000   1,342,000    22,000
Same Period Last Week (est)    359,000    6,000   1,423,000    22,000
Same Period Last Year (act)    313,000    6,000   1,306,000    21,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Tuesday         93,000             25,000

INDEX
                      01/22  01/21  01/18  01/17  01/16  01/15  01/14
CATFAX FED 6 STATE   123.98 123.98 123.98 123.91 123.90 123.90 123.90
CATFAX FED 3 STATE   123.98 123.98 123.98 123.97 123.97 123.97 123.97
CME FEEDER           141.58 141.62 141.71 142.05 143.09 144.19 144.44
CME LEAN HOG         *58.58  58.33  58.07  58.16  58.18  58.02  57.65
3 Area LEAN HOG       56.02  56.52  55.81  55.94  56.09  55.69  55.20
*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        Wed, Jan 23, 2019      USDA Market News

01/23 AM CARCASS CUTOUT - $ 69.55   CHANGE  -0.08  TOTAL LD COUNT  191.20

01/23 PM CARCASS CUTOUT - $ 68.70   CHANGE  -0.93  TOTAL LD COUNT  334.06 

CARLOT PORK -  OPEN 01/23          CARLOT PORK -  CLOSE 01/23
LOADS - CUTS  170.16 TRIM  21.04   LOADS - CUTS  294.62  TRIM 39.43
LOINS 1/4" Trim VAC       84.27    LOINS 1/4" Trim VAC       81.45
LOINS BNLS CC Strap On   112.38    LOINS BNLS CC Strap On   111.42
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    60.05           Trm Sel  20-23#    59.22
       Trm Sel  23-27#    51.18           Trm Sel  23-27#    49.73
BELLIES  Skn-on 10-12#   202.26    BELLIES  Skn-on 10-12#   203.16
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   219.21

BEEF

Des Moines, IA        Wed, Jan 23, 2019      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 firm to higher on moderate to fairly good demand and 
light offerings. Select and Choice rib and loin cuts steady while chuck and
round cuts steady to firm. Beef trimmings sharply lower on light demand and
moderate to heavy offerings.

BEEF CUTOUTS -  OPEN 01/23        BEEF CUTOUTS - CLOSE 01/23
CH 600-900# $216.74  +0.40       CH 600-900# $217.21  +0.87
SE 600-900# $211.56  -0.16       SE 600-900# $212.04  +0.32
LOADS     44.71 - Choice Cuts     LOADS     63.60 - Choice Cuts
          11.96 - Select Cuts               20.22 - Select Cuts
           9.10 - Trimmings                 15.96 - Trimmings
          21.55 - Coarse Grinds             34.19 - Coarse Grinds

POULTRY

01/17 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 01/12      Week Ago     Yr Ago     
                                     165,877      137,882    165,253

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 01/18    Week Ago      Yr Ago
                                              $ 99.96     $103.87     $ 94.62
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: December - $ 89.75

12/19 - Weekly Egg Sets & Chicks Placed 
   ***Latest reports not available due to government shut down***
Weekly Egg Sets for the week ending 12/15 - 225 million, down 1% from a
year ago.
Chick placement for the week ending 12/15 - 183 million, up slightly from a
year ago.

01/23 - Daily New York Eggs
Prices are 6 cents higher for Medium and 3 cents higher for Extra Large and
Large. The undertone is higher. Supplies are moderate. The New York shell
egg inventory is 11% lower than a week ago. Demand is fairly good to good,
while offerings are light. Market activity is moderate to active.

Extra Large    123-127
Large          121-125
Medium          91-95