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St Joseph, MO Wed, March 27, 2024 USDA Market News
Daily Livestock Slaughter Under Federal Inspection
CATTLE CALVES HOGS SHEEP
Wednesday 124,000 1,000 490,000 7,000
Week ago 116,000 1,000 490,000 8,000
Year ago (act) 125,000 1,000 477,000 7,000
Week to Date 367,000 3,000 1,457,000 21,000
Same Period Last Week 358,000 3,000 1,462,000 26,000
Same Period Last Year* 375,000 3,000 1,442.000 27,427
2024 Year to Date 7,499,931 59,383 31,743,893 455,008
2023*Year to Date 7,918,255 78,328 31,476,117 447,368
Percent Change -5.3% -24.2% +0.9% +1.7%
Previous Day Breakdown Steers/Heifers Cows/Bulls
Tuesday 101,000 24,000
*** REVISION TUE HOGS....483,000 / NEW WTD....967,000 ***
2024 *Totals subject to revision / 2023 *Totals adjusted to reflect
NASS Revisions / Yearly totals may not add due to rounding.
INDEXES
03/26 03/25 03/22 03/21 03/20 03/19 03/18
CATFAX FED 6 STATE 189.25 189.25 189.26 187.06 187.11 187.04 187.04
CATFAX FED 3 STATE 187.96 187.96 187.96 186.00 185.94 185.94 185.94
CME FEEDER 251.27 251.63 251.70 251.38 251.82 251.41 251.02
CME LEAN HOG *84.25 83.69 83.48 83.59 83.54 83.21 82.82
3 Area LEAN HOG 82.54 81.84 81.75 81.44 81.61 81.15 81.15
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, Mar 27, 2024 USDA Market News
NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS CUTOUT CHANGE TOTAL LDS
03/27 MORNING $ 94.73 -0.60 132.28
03/27 AFTERNOON $ 94.06 -1.27 230.10
CARLOT PORK OPEN CLOSE
DATE 03/27 03/27
LOADS - CUTS 106.80 190.15
LOADS - TRIM 25.48 39.95
LOINS 1/4" Trim VAC 118.15 116.84
LOINS BNLS CC Strap On 144.61 145.61
HAMS - Trm Sel 17-20# 83.65 81.49
Trm Sel 20-23# 81.72 81.43
Trm Sel 23-27# 79.97 79.98
BELLIES Skn-on 10-12# 266.76 267.63
BOXED Skn-on 12-14# No Test No Test
BEEF
Des Moines, IA Wed, Mar 27, 2024 USDA Market News
NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated
ESTIMATED BOXED BEEF CUT-OUT VALUES
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.
MORNING AFTERNOON
BEEF CUTOUTS OPEN CHNG CLOSE CHNG
03/27 03/27
CH 600-900# $309.87 -1.22 $308.58 -2.51
SE 600-900# $299.21 -1.05 $298.43 -1.83
LOADS
Choice cuts 59.27 103.87
Select cuts 10.67 24.00
Trimmings 4.93 5.45
Coarse Grinds 18.30 32.19
CH/SEL SPREAD $10.66 $10.15
POULTRY
03/27 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
8-16 lb hens $ 86 to $103 cents FOB
16-24 lb toms $ 86 to $105 cents FOB
03/21 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 03/16 Week Ago Yr Ago
160,579 164,520 164,288
03/22 - Weekly National Chicken Report
National Composite Whole Bird for the Week Ending: 03/15/2024
Wtd Avg Chg Range Wk Ago Avg
$131.16 +2.85 $ 97.00-$155.00 $128.31
03/27 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 03/23 - 245 million, up 1% from a
year ago
Chick placement for the week ending 03/23 - 188 million, up slightly from
a year ago
03/27 - New York Eggs
Prices are unchanged for Extra Large, Large, and Medium. The undertone is
steady. Demand is moderate to good. Offerings are light to instances moderate.
Supplies are light to moderate. Market activity is moderate to active.
Extra Large 253-257
Large 251-255
Medium 240-244
** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, USDA GRADE A AND
GRADE A, WHITE EGGS IN CARTONS, DELIVERED STORE DOOR, CENTS PER DOZEN.**
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