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SJ_LS710 **This report will be released on Friday, 11/27/2020 due to holiday**
St Joseph, MO    Wed Nov 25, 2020     USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE   CALVES        HOGS     SHEEP
Wednesday 11/25/2020           118,000    2,000     494,000     6,000
Week ago                       119,000    2,000     494,000     7,000
Year ago (act)                 119,000    3,000     479,000     7,000
Week to date                   360,000    6,000   1,488,000    22,000
Same Period Last Week          359,000    6,000   1,464,000    23,000
Same Period Last Year (act)    348,000    7,000   1,462,000    26,000
Previous Day                 Steer and Heifer  Cow and Bull
                 Tuesday        96,000               26,000

**Revised Tuesday Sheep Slaughter..8,000  New Week to Date..16,000**

INDEX
                       11/24  11/23  11/20  11/19  11/18  11/17  11/16    
CATFAX FED 6 STATE    109.50 109.49 109.49 109.67 109.69 109.90 109.92 
CATFAX FED 3 STATE    109.32 109.32 109.32 109.61 109.64 110.05 110.08   
CME FEEDER            137.30 137.12 136.95 136.75 137.51 137.38 137.55  
CME LEAN HOG          *x      67.70  67.83  68.14  68.77  69.32  69.73     
3 Area LEAN HOG        65.88  66.14  66.22  66.62  67.33  67.62  68.30      
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       Wed, Nov 25, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

11/25 AM CARCASS CUTOUT - $ 78.14   CHANGE  +0.56  TOTAL LD COUNT  178.31

11/25 PM CARCASS CUTOUT - $ 78.35   CHANGE  +0.77  TOTAL LD COUNT  396.71

CARLOT PORK -  OPEN 11/25          CARLOT PORK -  CLOSE 11/25
LOADS - CUTS  153.92 TRIM  24.39   LOADS - CUTS  356.23 TRIM  40.48
LOINS 1/4" Trim VAC       79.13    LOINS 1/4" Trim VAC       79.21
LOINS BNLS CC Strap On   114.22    LOINS BNLS CC Strap On   115.53
HAMS - Trm Sel  17-20#   No test   HAMS - Trm Sel  17-20#    66.86
       Trm Sel  20-23#    74.93           Trm Sel  20-23#    67.88
       Trm Sel  23-27#    65.31           Trm Sel  23-27#    65.04
BELLIES  Skn-on 10-12#   No test   BELLIES  Skn-on 10-12#   165.56
BOXED    Skn-on 12-14#   No test   BOXED    Skn-on 12-14#   140.53

BEEF

Des Moines, IA       Wed, Nov 25, 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 11/25         BEEF CUTOUTS -  CLOSE 11/25
CH 600-900# $244.92  +0.62        CH 600-900# $245.06  +0.76
SE 600-900# $221.11  +1.40        SE 600-900# $220.90  +1.19
LOADS     50.97 - Choice Cuts     LOADS     75.79 - Choice Cuts
          13.17 - Select Cuts               18.62 - Select Cuts
           5.33 - Trimmings                  8.20 - Trimmings
           9.42 - Coarse Grinds             13.61 - Coarse Grinds

POULTRY

11/25 - 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

11/19 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/14      Week Ago     Yr Ago
                                     166,758      170,005    168,705

11/20 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 11/20    Week Ago      Yr Ago
                                              $ 80.05    $ 74.96      $ 77.00
National Composite Wtd Avg for the Month of:  October  - $ 67.70

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

11/25 New York Eggs
Prices are 4 cents lower for Extra Large, Large and Medium eggs.  The           
undertone is weak.  Supplies are vary by plant.  Offerings are moderate.      
Retail demand ranges light to fairly good.  Food service demand remains         
light.   Market activity is slow to moderate.

Extra Large    108-112
Large          106-110
Medium          94-98

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