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St Joseph, MO    Wed Jun 28, 2017       USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE    CALVES        HOGS     SHEEP
Wednesday 06/28/2017     (est)   118,000     2,000     437,000     7,000
Week ago (est)                   118,000     2,000     436,000     7,000
Year ago (act)                   114,000     2,000     429,000     7,000
Week to date (est)               350,000     6,000   1,308,000    22,000
Same Period Last Week (est)      349,000     6,000   1,291,000    22,000
Same Period Last Year (act)      339,000     6,000   1,283,000    24,000
Previous Day Estimated        Steer and Heifer    Cow and Bull
                 Tuesday          93,000                22,000

**Revised Tuesday Cattle Slaughter..115,000  New Week to Date..232,000**

INDEX
                     06/27  06/26  06/23  06/22  06/21  06/20  06/19  06/16
CATFAX FED 6 STATE  121.92 121.94 121.94 122.22 123.03 129.05 129.91 129.95
CATFAX FED 3 STATE  122.39 122.39 122.39 122.73 123.24 130.15 131.05 131.05
CME FEEDER          146.86 146.42 145.84 147.09 148.18 148.07 148.24 150.18
CME LEAN HOG        *91.50  91.10  90.62  90.17  89.30  88.03  86.55  85.32
3 Area LEAN HOG      88.67  88.26  87.54  87.18  86.49  85.45  83.92  82.90

*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        Wed, Jun 28, 2017      USDA Market News

06/28 AM CARCASS CUTOUT - $104.07   CHANGE  +1.76  TOTAL LD COUNT  209.05

06/28 PM CARCASS CUTOUT - $103.54   CHANGE  +1.23  TOTAL LD COUNT  319.30
 
CARLOT PORK - OPEN 06/28           CARLOT PORK - CLOSE 06/28
LOADS - CUTS   185.53  TRIM 23.52  LOADS - CUTS   271.08  TRIM 48.22
LOINS 1/4" Trim VAC      124.63    LOINS 1/4" Trim VAC      125.83
LOINS BNLS CC Strap On   135.80    LOINS BNLS CC Strap On   134.71
HAMS - Trm Sel  17-20#    75.44    HAMS - Trm Sel  17-20#    75.44
       Trm Sel  20-23#    73.66           Trm Sel  20-23#    74.88
       Trm Sel  23-27#    75.35           Trm Sel  23-27#    76.45
BELLIES  Skn-on 10-12#   225.05    BELLIES  Skn-on 10-12#   230.07
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   226.97

BEEF

Des Moines, IA                  Wed, Jun 28, 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 sharply lower on light to moderate demand and moderate 
to heavy offerings.  Select and Choice chuck and round cuts steady to weak 
while 
loin lower.  Select rib cuts steady while Choice lower.  Beef trimmings mostly 
sharply lower on light demand and heavy offerings. 


BEEF CUTOUTS -  OPEN 06/28        BEEF CUTOUTS - CLOSE 06/28
CH 600-900# $229.72  -4.19        CH 600-900# $229.43  -4.48
SE 600-900# $213.19  -2.07        SE 600-900# $212.67  -2.59
LOADS    45.40 - Choice Cuts      LOADS    77.36 - Choice Cuts
         28.12 - Select Cuts               48.10 - Select Cuts
         18.12 - Trimmings                 20.31 - Trimmings
          7.69 - Coarse Grinds             19.40 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 06/23    Week Ago    Yr Ago
                                              $107.75    $107.79    $ 94.88
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  May - $108.17

06/28 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 06/24 - 224 million, up 2% from a year ago 
Chick placement for the week ending 06/24 - 183 million, up 2% from a year ago

06/28 - Daily New York Eggs
Prices are steady. Trade sentiment is mixed, but mostly steady. Supplies are
moderate. Offerings are light to moderate. Demand into retail and food service
channels is moderate. Market activity is moderate. 

Extra Large     77-81
Large           75-79
Medium          62-66

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