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St Joseph, MO         Fri, Jul 31, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Friday 07/31/2020     (est)    113,000    1,000     474,000     5,000
Week ago (est)                 113,000    1,000     472,000     6,000
Year ago (act)                 115,000    3,000     449,000     5,000
Week to date (est)             587,000    8,000   2,361,000    30,000
Same Period Last Week (est)    585,000    8,000   2,358,000    34,000
Same Period Last Year (act)    598,000   12,000   2,310,000    35,000

Saturday 08/01/2020   (est)     51,000        0     182,000     1,000
Week ago (est)                  61,000        0     225,000     1,000
Year ago (act)                  35,000        0      36,000     1,000
Week to date (est)             638,000    8,000   2,543,000    31,000
Same Period Last Week (est)    646,000    8,000   2,583,000    35,000
Same Period Last Year*(act)    633,000   12,000   2,347,000    37,000
2020 Year to Date            18,420,00  269,000  74,565,000 1,112,000
2019 *Year to Date           19,443,00  335,000  73,939,000 1,196,000
Percent change                   -5.3%   -19.8%        0.8%     -7.0%
2020 *Totals subject to revision
2019 *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

**Revised Thursday Hog Slaughter..480,000  New Week To Date..1,887,000**

INDEX
                      07/30  07/29  07/28  07/27  07/24  07/23  07/22
CATFAX FED 6 STATE    98.01  97.77  97.03  96.97  96.97  96.96  96.91
CATFAX FED 3 STATE    96.90  96.82  96.09  96.00  96.00  96.00  95.96
CME FEEDER           138.58 139.24 139.83 139.77 139.99 139.43 137.96
CME LEAN HOG         *53.52  53.56  52.95  51.10  50.23  50.13  49.69
3 Area LEAN HOG       51.57  51.20  50.50  49.53  47.39  47.07  47.67
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        Fri, Jul 31, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

07/31 AM CARCASS CUTOUT - $ 68.57   CHANGE  +1.00  TOTAL LD COUNT  252.82

07/31 PM CARCASS CUTOUT - $ 65.31   CHANGE  -2.26  TOTAL LD COUNT  389.03

CARLOT PORK -  OPEN 07/31          CARLOT PORK -  CLOSE 07/31
LOADS - CUTS  225.41 TRIM  27.41   LOADS - CUTS  350.86 TRIM  38.16
LOINS 1/4" Trim VAC       77.37    LOINS 1/4" Trim VAC       76.81
LOINS BNLS CC Strap On   112.69    LOINS BNLS CC Strap On   115.28
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    40.92
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    40.59
       Trm Sel  23-27#    36.76           Trm Sel  23-27#    36.95
BELLIES  Skn-on 10-12#   191.65    BELLIES  Skn-on 10-12#   185.13
BOXED    Skn-on 12-14#   231.19    BOXED    Skn-on 12-14#   170.92

BEEF

Des Moines, IA        Fri, Jul 31, 2020      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.

BEEF CUTOUTS -  OPEN 07/31       BEEF CUTOUTS -  CLOSE 07/31
CH 600-900# $203.38  +1.58        CH 600-900# $203.26  +1.46
SE 600-900# $191.06  -0.44        SE 600-900# $189.89  -1.61
LOADS     37.43 - Choice Cuts     LOADS     51.52 - Choice Cuts
           7.60 - Select Cuts               20.81 - Select Cuts
           5.94 - Trimmings                  7.59 - Trimmings
           3.75 - Coarse Grinds             18.44 - Coarse Grinds

POULTRY

07/31 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $107 to $115 cents FOB
16-24 lb toms $107 to $114 cents FOB

07/30 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 07/25      Week Ago     Yr Ago
                                     163,998      162,082    169,641

07/31 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 07/31    Week Ago      Yr Ago
                                              $ 64.89    $ 66.10     $ 82.97
National Composite Wtd Avg for the Month of: July - $ 70.41

07/29 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 07/25 - 232 million, off 1% from a year ago
Chick placement for the week ending 07/25 - 186 million, off 1% from a year ago

07/31 - Daily New York Eggs 
Prices for Medium and larger sizes are steady. Trade sentiment is mostly 
steady. Supplies are moderate to heavy. Offerings are moderate. Retail demand
varies but is mostly moderate. Food service demand is light to moderate. Market
activity is slow to moderate.

Extra Large     76-80
Large           74-78
Medium          52-56

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