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St Joseph, MO         Fri, Feb 17, 2017      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES      HOGS       SHEEP
Friday 02/17/2017     (est)      107,000     2,000     436,000     7,000
Week ago (est)                   110,000     2,000     437,000     7,000
Year ago (act)                    99,000     2,000     431,000     7,000
Week to date (est)               543,000    10,000   2,146,000    36,000
Same Period Last Week (est)      556,000    10,000   2,206,000    39,000
Same Period Last Year (act)      511,000     8,000   2,158,000    37,000

Saturday 02/18/2017   (est)       29,000         0     217,000     1,000
Week ago (est)                    21,000         0     158,000         0
Year ago (act)                    14,000         0     131,000         0
Week to date (est)               572,000    10,000   2,363,000    37,000
Same Period Last Week (est)      577,000    10,000   2,364,000    39,000
Same Period Last Year*(act)      525,000     8,000   2,288,000    37,000
2017 Year to Date              4,049,000    72,000  16,226,000   258,000
2016 *Year to Date             3,926,000    67,000  16,415,000   257,000
Percent change                      3.1%      7.1%       -1.1%      0.3%
2017 *Totals subject to revision
2016 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated              Steer and Heifer     Cow and Bull
                      Thursday           74,000             25,000

**Revised Thursday Cattle Slaughter..99,000  New Week to Date..436,000**
***Revised Thursday Hog Slaughter..398,000  New Week to Date..1,710,000***
****Revised Thursday Sheep Slaughter..5,000  New Week to Date..29,000****

INDEX
                     02/16  02/15  02/14  02/13  02/10  02/09  02/08  02/07
CATFAX FED 6 STATE  118.98 119.70 119.88 119.88 119.88 119.87 119.80 118.87
CATFAX FED 3 STATE  119.04 119.33 120.06 120.06 120.06 120.06 120.08 119.06
CME FEEDER          127.69 128.02 128.43 128.46 128.41 128.17 128.11 127.28
CME LEAN HOG        *76.66  75.98  75.31  74.62  74.11  73.51  72.80  72.19
3 Area LEAN HOG      74.06  73.48  72.77  71.88  71.01  70.64  69.88  69.23

*DTN projected Lean Hog Index, 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, Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, Oklahoma

PORK

Des Moines, IA        Fri, Feb 17, 2017      USDA Market News

02/17 AM CARCASS CUTOUT - $ 85.20   CHANGE  +0.78  TOTAL LD COUNT  128.86

02/17 PM CARCASS CUTOUT - $ 84.65   CHANGE  +0.23  TOTAL LD COUNT  229.49
 
CARLOT PORK - OPEN 02/17           CARLOT PORK - CLOSE 02/17
LOADS - CUTS   110.39  TRIM 18.47  LOADS - CUTS  201.47  TRIM 28.02
LOINS 1/4" Trim VAC       90.85    LOINS 1/4" Trim VAC       90.68
LOINS BNLS CC Strap On   116.97    LOINS BNLS CC Strap On   116.12
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    59.82
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    60.13
       Trm Sel  23-27#    58.76           Trm Sel  23-27#    58.03
BELLIES  Skn-on 10-12#   227.93   BELLIES  Skn-on 10-12#    231.19
BOXED    Skn-on 12-14#  No Test   BOXED    Skn-on 12-14#   No Test

BEEF

Des Moines, IA        Fri, Feb 17, 2017      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 higher on moderate demand and moderate to heavy
offerings. Select and Choice rib, chuck, round, and loin cuts steady to firm.
Beef trimmings sharply higher on good demand and light offerings.

BEEF CUTOUTS -  OPEN 02/17        BEEF CUTOUTS -  CLOSE 02/17
CH 600-900#  190.37  +1.15        CH 600-900#  190.49  +1.27
SE 600-900#  189.31  +1.12        SE 600-900#  189.24  +1.05
LOADS     60.60 - Choice Cuts       LOADS   77.24 - Choice Cuts
          10.91 - Select Cuts               14.43 - Select Cuts
           2.27 - Trimmings                  5.40 - Trimmings
          14.93 - Coarse Grinds             21.50 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 02/17    Week Ago    Yr Ago
                                              $ 85.67    $ 84.68    $ 81.77
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: January - $ 85.89

02/15 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 02/11 - 221 million, up 2% from a year ago 
Chick placement for the week ending 02/11 - 179 million, up 1% from a year ago

02/17 - Daily New York Eggs
Prices are unchanged on all sizes. The undertone is steady. Supplies are
adequate to available for trade needs. Offerings are mixed, mostly moderate.
Demand into all channels is light to moderate entering the weekend. Market
activity is slow to moderate.

Extra Large     71-75
Large           69-73
Medium          59-63

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