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St Joseph, MO         Tue, Dec 01, 2020      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Tuesday 12/01/2020             122,000    2,000     493,000     8,000
Week ago                       122,000    2,000     497,000     8,000
Year ago (act)                 122,000    3,000     496,000     8,000
Week to date                   241,000    4,000     990,000    15,000
Same Period Last Week          242,000    4,000     994,000    16,000
Same Period Last Year (act)    241,000    4,000     992,000    17,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Monday           94,000            25,000

INDEX
                      11/30  11/27  11/26  11/25  11/24  11/23  11/20
CATFAX FED 6 STATE   110.73 110.73   NA   110.61 109.50 109.49 109.49
CATFAX FED 3 STATE   110.98 110.98   NA   110.99 109.32 109.32 109.32
CME FEEDER           140.30+138.89 137.55 136.90 137.43 137.12 136.95
CME LEAN HOG         *66.67  66.81   NA    67.15  67.38  67.70  67.83
3 Area LEAN HOG       65.59  65.50   NA    65.68  65.88  66.14  66.22
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        Tue, Dec 01, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/01 AM CARCASS CUTOUT - $ 77.74   CHANGE  -2.35  TOTAL LD COUNT  267.24

12/01 PM CARCASS CUTOUT - $ 77.08   CHANGE  -3.01  TOTAL LD COUNT  438.04

CARLOT PORK -  OPEN  12/01         CARLOT PORK -  CLOSE 12/01
LOADS - CUTS  230.35 TRIM  36.89   LOADS - CUTS  380.07 TRIM  57.97
LOINS 1/4" Trim VAC       81.26    LOINS 1/4" Trim VAC       79.84
LOINS BNLS CC Strap On   118.89    LOINS BNLS CC Strap On   119.36
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    68.14
       Trm Sel  20-23#    74.86           Trm Sel  20-23#    71.68
       Trm Sel  23-27#    68.11           Trm Sel  23-27#    68.40
BELLIES  Skn-on 10-12#   205.24    BELLIES  Skn-on 10-12#   197.77
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Tue, Dec 01, 2020      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Morning - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am

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  12/01        BEEF CUTOUTS - CLOSE 12/01
CH 600-900# $243.34  -0.34        CH 600-900# $243.40  -0.28
SE 600-900# $224.12  +1.69        SE 600-900# $223.08  +0.65
LOADS     44.59 - Choice Cuts     LOADS     78.38 - Choice Cuts
           6.78 - Select Cuts               13.47 - Select Cuts
           7.68 - Trimmings                 11.28 - Trimmings
           7.68 - Coarse Grinds             26.98 - Coarse Grinds

POULTRY

12/01 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $100 to $120 cents FOB
16-24 lb toms $100 to $120 cents FOB

11/26 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/21      Week Ago     Yr Ago
                                     163,084      166,758    164,828

11/27 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 11/27    Week Ago      Yr Ago
                                              $ 83.83    $ 80.05      $ 79.50
National Composite Wtd Avg for the Month of:  November  - $76.80

11/25 - Weekly Egg Sets & Chicks Placed - Delayed due to Veterans Day holiday
Weekly Egg Sets for the week ending 11/21 - 235 million, off 1% from a year ago
Chick placement for the week ending 11/21 - 177 million, off 2% from a year ago

12/01 New York Eggs
Extra Large, Large and Medium egg prices are 3 cents lower. The undertone is
weak. Supplies are mixed. The New York shell egg inventory is 0% changed when
compared to a week ago. Offerings are moderate to heavy. Retail demand is 
usually moderate. Food service demand is light. Market activity is slow to 
moderate.

Extra Large    103-107
Large          101-105
Medium          89-93

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