St Joseph, MO         Fri, Mar 24, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Friday 03/24/2023              108,000    1,000     482,000     5,000
Week ago                       113,000    1,000     472,000     5,000
Year ago (act)                 114,000    2,000     456,000     5,000
Week to date                   610,000    5,000   2,394,000    37,000
Same Period Last Week          614,000    5,000   2,398,000    36,000
Same Period Last Year (act)    599,000    7,000   2,355,000    37,000

Saturday 03/25/2023             16,000        0      63,000         0
Week ago                        17,000        0      94,000         0
Year ago (act)                  58,000        0      56,000     1,000
Week to date                   626,000    5,000   2,457,000    37,000
Same Period Last Week          631,000    5,000   2,492,000    36,000
Same Period Last Year*(act)    657,000    7,000   2,411,000    38,000
2023 Year to Date            7,544,000   74,000  30,018,000   410,000
2022 *Year to Date           7,746,000   88,000  29,535,000   382,000
Percent change                   -2.6%   -16.0%        1.6%      7.2%
2023 *Totals subject to revision
2022 *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           29,000

**Revised Thursday Hog Slaughter.. 490,000  New Week To Date.. 1,912,000**

INDEXES
                       03/23  03/22  03/21  03/20  03/17  03/16  03/15
CATFAX FED 6 STATE    163.94 163.89 163.00 164.54 164.19 164.20 163.97
CATFAX FED 3 STATE    163.34 162.98 163.00 164.37 164.00 164.00 163.87
CME FEEDER                   187.78 187.69 187.78 188.01 187.87 188.71
CME LEAN HOG          *76.99  77.39  77.83  78.67  79.55  80.01  79.95
3 Area LEAN HOG        74.72  75.29  75.84  76.98  77.57  77.98  77.95
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, Mar 24, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

03/24 AM CARCASS CUTOUT - $ 81.56   CHANGE  +1.26 TOTAL LD COUNT  135.17

03/23 PM CARCASS CUTOUT - $ 80.30   CHANGE  +0.44 TOTAL LD COUNT  254.27

CARLOT PORK -  OPEN  03/24         CARLOT PORK -  CLOSE 03/23
LOADS - CUTS 122.46  TRIM  12.71   LOADS - CUTS  233.98 TRIM  20.29
LOINS 1/4" Trim VAC      100.55    LOINS 1/4" Trim VAC      100.94
LOINS BNLS CC Strap On   148.77    LOINS BNLS CC Strap On   136.30
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    70.17
       Trm Sel  23-27#    71.07           Trm Sel  23-27#    72.79
BELLIES  Skn-on 10-12#   197.67    BELLIES  Skn-on 10-12#   193.34
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Fri, Mar 24, 2023      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
Morning - 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  03/24       BEEF CUTOUTS -  CLOSE 03/23
CH 600-900# $280.84  -1.94        CH 600-900# $282.78  +1.48
SE 600-900# $270.07  +1.18        SE 600-900# $268.89  -0.93
LOADS     60.08 - Choice Cuts     LOADS     81.77 - Choice Cuts
           6.03 - Select Cuts               21.63 - Select Cuts
           0.00 - Trimmings                  0.00 - Trimmings
           9.67 - Coarse Grinds             15.49 - Coarse Grinds
CHOICE/SELECT SPREAD:  $10.77     CHOICE/SELECT SPREAD:  $13.89

POULTRY

03/23 Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $163 to $180 cents FOB
16-24 lb toms $163 to $180 cents FOB

03/23 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 03/18      Week Ago    Yr Ago
                                     164,288     166,557     163,622

03/16 Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 03/10/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $130.14   +2.54   $ 87.00-$163.00     $127.60

03/22 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 03/18 - 241 million, up slightly 
from a year ago.
Chick placement for the week ending 03/18 - 186 million, up slightly 
from a year ago.

03/24 - New York Eggs
Prices are unchanged on all sizes. The undertone is steady. Offerings are 
light. Supplies are light to moderate. Demand is moderate to fairly good.
Market activity is moderate.

Extra Large    349-353
Large          347-351
Medium         305-309