St Joseph, MO         Fri, Jun 05, 2020      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Friday 06/05/2020     (est)    116,000    1,000     438,000     7,000
Week ago (est)                 111,000    1,000     419,000     8,000
Year ago (act)                 119,000    3,000     468,000     7,000
Week to date (est)             573,000    7,000   2,129,000    36,000
Same Period Last Week (est)    441,000    5,000   1,669,000    32,000
Same Period Last Year (act)    601,000   11,000   2,357,000    39,000

Saturday 06/06/2020   (est)     63,000        0     323,000         0
Week ago (est)                  83,000        0     280,000     1,000
Year ago (act)                  63,000        0      52,000         0
Week to date (est)             636,000    7,000   2,452,000    36,000
Same Period Last Week (est)    524,000    5,000   1,949,000    33,000
Same Period Last Year*(act)    665,000   10,000   2,410,000    39,000
2020 Year to Date            13,309,00  199,000  54,570,000   824,000
2019 *Year to Date           14,259,00  244,000  55,189,000   909,000
Percent change                   -6.7%   -18.5%       -1.1%     -9.4%
2020 *Totals subject to revision
2019 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated             Steer and Heifer  Cow and Bull
                      Thursday          93,000          24,000

INDEX
                      06/04  06/03  06/02  06/01  05/29  05/28  05/27
CATFAX FED 6 STATE   114.24 115.97 116.59 116.61 116.45 116.38 117.76
CATFAX FED 3 STATE   113.58 116.48 117.20 117.40 117.24 117.23 119.37
CME FEEDER           127.93 128.65 128.65 128.25 128.96 129.36 127.02
CME LEAN HOG         *53.35  55.38  57.06  59.23  59.96  61.25  62.95
3 Area LEAN HOG       50.94  52.84  55.35  56.57  59.10  59.31  62.64
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, Jun 05, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

06/05 AM CARCASS CUTOUT - $ 77.75   CHANGE  +2.90  TOTAL LD COUNT  267.55

06/05 PM CARCASS CUTOUT - $ 72.78   CHANGE  -2.07  TOTAL LD COUNT  442.03

CARLOT PORK -  OPEN 06/05          CARLOT PORK -  CLOSE 06/05
LOADS - CUTS  256.80 TRIM  10.75   LOADS - CUTS  414.32 TRIM  27.71
LOINS 1/4" Trim VAC      106.10    LOINS 1/4" Trim VAC       99.38
LOINS BNLS CC Strap On   121.25    LOINS BNLS CC Strap On   116.27
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    40.34
       Trm Sel  23-27#    36.14           Trm Sel  23-27#    36.30
BELLIES  Skn-on 10-12#   178.33    BELLIES  Skn-on 10-12#   180.72
BOXED    Skn-on 12-14#   228.04    BOXED    Skn-on 12-14#   194.57

BEEF

Des Moines, IA        Fri, Jun 05, 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.

Trends - Not available due to technical issues at the USDA

BEEF CUTOUTS -  OPEN 06/05        BEEF CUTOUTS - CLOSE 06/05
CH 600-900# $265.84  -6.42        CH 600-900# $261.48 -10.78
SE 600-900# $254.43  -5.98        SE 600-900# $246.42 -13.99
LOADS     43.80 - Choice Cuts     LOADS    101.08 - Choice Cuts
           7.36 - Select Cuts               25.06 - Select Cuts
           0.00 - Trimmings                 11.17 - Trimmings
           7.45 - Coarse Grinds             18.02 - Coarse Grinds

POULTRY

06/05 - Daily Turkey Market - Frozen 2019 Grade A basted equivalent 
processor offering prices on a national basis (for current deliveries).
 8-16 lb hens $103 to $108 cents FOB
16-24 lb toms $103 to $108 cents FOB

06/04 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/30      Week Ago     Yr Ago
                                     145,550      162,218    148,805

06/05 - Weekly National Whole Broiler/Fryer Report:  
National Composite Wtd Avg for the Week Ending: 06/05    Week Ago      Yr Ago
                                              $ 74.62     $ 74.00     $ 97.03
National Composite Wtd Avg for the Month of: May - $ 73.75

06/03 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/30 - 235 million, down slightly from 
a year ago
Chick placement for the week ending 05/30 - 184 million, down 3% from a year
ago

06/05 - Daily New York Eggs 
Prices are 1 cent lower for Medium and larger sizes. The undertone is steady to
lower. Supplies are moderate to heavy. Offerings are mostly moderate. Retail
demand is moderate to occasionally good. Market activity is slow to moderate.

Extra Large     84-88
Large           82-86
Medium          68-72