Friday, December 2, 2022  
 
 
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St Joseph, MO         Thu, Dec 01, 2022      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Thursday 12/01/2022            128,000    1,000     492,000     8,000
Week ago                         2,000        0       2,000         0
Year ago (act)                 124,000    1,000     483,000     8,000
Week to date                   512,000    5,000   1,966,000    32,000
Same Period Last Week          388,000    4,000   1,430,000    24,000
Same Period Last Year (act)    493,000    6,000   1,924,000    34,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Wednesday        98,000            30,000

INDEXES
                       12/01  11/30  11/29  11/28  11/25  11/24  11/23
CATFAX FED 6 STATE    155.82 155.88 157.00 155.54 155.89 154.04 155.78
CATFAX FED 3 STATE    154.90 155.00 154.76 154.76 155.00 152.46 154.79
CME FEEDER                   178.40 178.40 178.85 177.19 173.63 173.63
CME LEAN HOG          *82.87  83.24  83.89  84.21  84.63   NA    85.56
3 Area LEAN HOG        81.19  81.39  82.33  82.60  82.93   NA    83.65
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 02, 2022      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/02 AM CARCASS CUTOUT - $ 89.46   CHANGE  +2.94 TOTAL LD COUNT  232.65

12/01 PM CARCASS CUTOUT - $ 86.52   CHANGE  -0.81 TOTAL LD COUNT  276.55

CARLOT PORK -  OPEN  12/02         CARLOT PORK -  CLOSE 12/01
LOADS - CUTS 216.76  TRIM  15.90   LOADS - CUTS  226.45 TRIM  50.09
LOINS 1/4" Trim VAC       97.78    LOINS 1/4" Trim VAC      105.36
LOINS BNLS CC Strap On   124.78    LOINS BNLS CC Strap On   124.98
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    93.08
       Trm Sel  20-23#    98.65           Trm Sel  20-23#    92.67
       Trm Sel  23-27#    87.76           Trm Sel  23-27#    89.01
BELLIES  Skn-on 10-12#   199.94    BELLIES  Skn-on 10-12#   191.97
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   265.82

BEEF

Des Moines, IA        Fri, Dec 02, 2022      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  12/02       BEEF CUTOUTS -  CLOSE 12/01
CH 600-900# $251.55  -2.02        CH 600-900# $253.57  -1.31
SE 600-900# $225.66  +0.66        SE 600-900# $225.00  -0.01
LOADS     30.54 - Choice Cuts     LOADS    124.36 - Choice Cuts
           5.26 - Select Cuts               17.27 - Select Cuts
           0.00 - Trimmings                  4.72 - Trimmings
          10.15 - Coarse Grinds             14.36 - Coarse Grinds
CHOICE/SELECT SPREAD:  $25.89     CHOICE/SELECT SPREAD:  $28.57

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 $164 to $179 cents FOB
16-24 lb toms $169 to $179 cents FOB

12/01 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/26      Week Ago     Yr Ago
                                     127,331     174,130     124,235

11/25 Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending:  11/18      Wk Ago
                                               $125.83     $124.59
                          Monthly Average for: October     $137.63 

11/30 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 11/26 - 237 million, off 2% from a year ago
Chick placement for the week ending 11/26 - 182 million, off 1% from a year ago

12/02 - New York Eggs
Prices are up 4 cents for larger sizes and unchanged for Medium. The undertone
is steady to fully steady. Supplies are light to moderate. Offerings remain 
light. Retail demand is moderate to at times very good while foodservice is 
mostly moderate. Market activity is mostly moderate.

Extra Large    444-448
Large          442-446
Medium         330-334

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