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St Joseph, MO         Wed, Dec 01, 2021      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 12/01/2021           122,000    1,000     480,000     7,000
Week ago                       121,000    1,000     471,000     6,000
Year ago (act)                 119,000    2,000     490,000     6,000
Week to date                   365,000    5,000   1,443,000    25,000
Same Period Last Week          365,000    4,000   1,426,000    24,000
Same Period Last Year (act)    359,000    5,000   1,474,000    23,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Tuesday          95,000            27,000

INDEXES
                      11/30  11/29  11/26  11/25  11/24  11/23  11/22
CATFAX FED 6 STATE   137.59 138.62 138.62 138.92 138.15 136.32 134.09
CATFAX FED 3 STATE   138.00 139.60 139.60 139.92 139.35 136.16 133.75
CME FEEDER           161.60 162.46 161.29 157.95 157.48 157.83 157.43
CME LEAN HOG         *70.27  70.04  70.60   NA    69.71  72.56  73.15
3 Area LEAN HOG       69.34  68.43  69.11   NA    71.63  70.68  71.96
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        Wed, Dec 01, 2021      USDA Market News

***THE USDA HAS REVISED THE AFTERNOON DAILY PORK REPORT FOB REPORT***
   ***CHANGES ARE MARKED WITH AN + BEFORE AND AFTER CORRECTIONS***

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/01 AM CARCASS CUTOUT - $ 85.52   CHANGE  -1.18  TOTAL LD COUNT  195.31

12/01 PM CARCASS CUTOUT - $ 82.37   CHANGE  -4.33  TOTAL LD COUNT +357.03+

CARLOT PORK -  OPEN  12/01        CARLOT PORK -  CLOSE 12/01
LOADS - CUTS  160.89 TRIM  34.42   LOADS - CUTS +308.91+TRIM  48.12
LOINS 1/4" Trim VAC       77.16    LOINS 1/4" Trim VAC       78.33
LOINS BNLS CC Strap On   113.96    LOINS BNLS CC Strap On   111.10
HAMS - Trm Sel  17-20#  No test    HAMS - Trm Sel  17-20#    59.24
       Trm Sel  20-23#    53.34           Trm Sel  20-23#    53.55
       Trm Sel  23-27#    54.09           Trm Sel  23-27#    54.93
BELLIES  Skn-on 10-12#   233.17    BELLIES  Skn-on 10-12#   228.79
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   273.86

BEEF

Des Moines, IA        Wed, Dec 01, 2021      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales
Afternoon - 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.

BEEF CUTOUTS -  OPEN  12/01       BEEF CUTOUTS - CLOSE  12/01
CH 600-900# $271.08  -0.60        CH 600-900# $270.22  -1.46
SE 600-900# $259.54  -0.75        SE 600-900# $257.97  -2.32 
LOADS    108.94 - Choice Cuts     LOADS    163.61 - Choice Cuts
          11.67 - Select Cuts               26.29 - Select Cuts
           4.89 - Trimmings                  8.30 - Trimmings
          14.38 - Coarse Grinds             28.44 - Coarse Grinds
CHOICE/SELECT SPREAD:  $11.54     CHOICE/SELECT SPREAD:  $12.25

POULTRY

12/01 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $120 to $139 cents FOB
16-24 lb toms $120 to $137 cents FOB

11/25 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/20      Week Ago     Yr Ago
                                     163,472      165,399    163,084

11/26 Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 11/19      Wk Ago    Yr Ago
                                              $111.16     $105.72   $ 83.83
National Composite Wtd Avg for the Month of:  November  -  $105.47

12/01 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 11/27 - 241 million, up 2% from a year ago
Chick placement for the week ending 11/27 - 183 million, up 4% from a year ago

12/01 - New York Eggs
Prices are unchanged on Medium and heavier weight eggs. The undertone is 
usually steady. Supplies are light to mostly moderate. Retail demand is
moderate to fairly good. Offerings are light to moderate. Market activity
is moderate.

Extra Large    149-153
Large          147-151
Medium         116-120

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