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St Joseph, MO         Fri, Dec 04, 2020      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Friday 12/04/2020              117,000    1,000     491,000     7,000
Week ago                       115,000    1,000     480,000     2,000
Year ago (act)                 122,000    3,000     488,000     7,000
Week to date                   598,000    8,000   2,458,000    35,000
Same Period Last Week          476,000    7,000   1,970,000    24,000
Same Period Last Year (act)    602,000   12,000   2,474,000    39,000

Saturday 12/05/2020             69,000        0     331,000         0
Week ago                        88,000        0     380,000         0
Year ago (act)                  80,000        0     330,000     1,000
Week to date                   667,000    8,000   2,789,000    35,000
Same Period Last Week          564,000    7,000   2,350,000    24,000
Same Period Last Year*(act)    682,000   12,000   2,804,000    40,000
2020 Year to Date            29,962,00  413,000 121,582,000 1,746,000
2019 *Year to Date           31,031,00  542,000 120,673,000 1,886,000
Percent change                   -3.4%   -23.8%        0.8%     -7.4%
2020 *Totals subject to revision
2019 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day                      Steer and Heifer    Cow and Bull
                      Thursday         95,000            25,000

INDEX
                      12/03  12/02  12/01  11/30  11/27  11/26  11/25
CATFAX FED 6 STATE   110.30  98.22 110.71 110.73 110.73   NA   110.61
CATFAX FED 3 STATE   110.38  89.01 110.98 110.98 110.98   NA   110.99
CME FEEDER           139.18 139.44 139.87 140.30+138.89 137.55 136.90
CME LEAN HOG         *66.26  66.55  66.71  66.67  66.81   NA    67.15
3 Area LEAN HOG       65.06  64.90  65.05  65.59  65.50   NA    65.68
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, Dec 04, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/04 AM CARCASS CUTOUT - $ 79.94   CHANGE  +3.49  TOTAL LD COUNT  228.84

12/04 PM CARCASS CUTOUT - $ 78.17   CHANGE  +1.72  TOTAL LD COUNT  347.84

CARLOT PORK -  OPEN  12/04         CARLOT PORK -  CLOSE 12/04
LOADS - CUTS  199.90 TRIM  28.94   LOADS - CUTS  304.24 TRIM  43.61
LOINS 1/4" Trim VAC       75.36    LOINS 1/4" Trim VAC       74.78
LOINS BNLS CC Strap On   119.27    LOINS BNLS CC Strap On   120.92
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    71.29           Trm Sel  20-23#    71.45
       Trm Sel  23-27#    72.86           Trm Sel  23-27#    72.89
BELLIES  Skn-on 10-12#   166.85    BELLIES  Skn-on 10-12#   169.85
BOXED    Skn-on 12-14#   175.33    BOXED    Skn-on 12-14#   178.93

BEEF

Des Moines, IA        Fri, Dec 04, 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  12/04        BEEF CUTOUTS - CLOSE 12/04
CH 600-900# $227.48  -1.71        CH 600-900# $235.02  -4.17
SE 600-900# $220.74  +0.81        SE 600-900# $217.51  -2.42
LOADS     33.62 - Choice Cuts     LOADS     81.05 - Choice Cuts
           6.71 - Select Cuts               19.13 - Select Cuts
          13.54 - Trimmings                 15.06 - Trimmings
          10.50 - Coarse Grinds             16.34 - Coarse Grinds

POULTRY

12/04 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $103 to $118 cents FOB
16-24 lb toms $101 to $118 cents FOB

12/03 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/28      Week Ago     Yr Ago
                                     133,741      163,084    129,887

12/04 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 12/04    Week Ago      Yr Ago
                                              $ 85.27    $ 83.83      $ 82.59
National Composite Wtd Avg for the Month of:  November  - $76.80

12/02 - Weekly Egg Sets & Chicks Placed - Delayed due to Veterans Day holiday
Weekly Egg Sets for the week ending 11/28 - 233 million, off 2% from a year ago
Chick placement for the week ending 11/28 - 181 million, off 2% from a year ago

12/04 New York Eggs
Prices are 3 cents lower for Medium and larger sizes. The undertone is weak.
Supplies and offerings are moderate to heavy. Retail demand slows but is mostly
moderate. Food service demand is very light. Market activity is slow to
moderate.

Extra Large     94-95
Large           92-96
Medium          80-84

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