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St Joseph, MO         Wed, Jun 07, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 06/07/2023           124,000    1,000     462,000     7,000
Week ago                       127,000    1,000     480,000     7,000
Year ago (act)                 125,000    1,000     478,000     6,000
Week to date                   370,000    3,000   1,398,000    25,000
Same Period Last Week          255,000    3,000     963,000    17,000
Same Period Last Year (act)    374,000    3,000   1,427,000    22,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Tuesday          98,000            27,000

INDEXES
                      06/06  06/05  06/02  06/01  05/31  05/30  05/29
CATFAX FED 6 STATE   182.10 190.00 185.59 181.65 179.53 176.53 176.11
CATFAX FED 3 STATE   177.97 177.76 180.82 177.77 176.00 170.87 170.79
CME FEEDER           219.28 218.65 216.12 208.04 208.07 207.18 207.61
CME LEAN HOG         *83.04  81.86  81.21  80.52  79.63  79.53   NA
3 Area LEAN HOG       80.36  79.46  78.48  77.74  76.91  76.47   NA
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, Jun 07, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

PORK CARCASS       CUTOUT      CHANGE     TOTAL LDS
06/07 MORNING     $ 85.19       +0.21      174.64
06/07 AFTERNOON   $ 85.15       +0.17      300.33

CARLOT PORK                 OPEN       CLOSE
 DATE                      06/07       06/07
 LOADS - CUTS             153.27      268.24
 LOADS - TRIM              21.37       32.09
 LOINS 1/4" Trim VAC       99.55      100.55
 LOINS BNLS CC Strap On   136.27      137.29
 HAMS - Trm Sel  17-20#  No Test     No Test
        Trm Sel  20-23#  No Test     No Test
        Trm Sel  23-27#    78.62       81.01
 BELLIES  Skn-on 10-12#   227.05      227.49
 BOXED    Skn-on 12-14#  No Test     No Test

BEEF

Des Moines, IA        Wed, Jun 07, 2023      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

Based on negotiated prices and volume of boxed beef cuts delivered 
Within -21 days and on average industry cutting yields. Values reflect
U.S. Dollars per 100 pounds.

                    MORNING             AFTERNOON
BEEF CUTOUTS    OPEN      CHNG       CLOSE     CHNG
                     06/07                06/07
 CH 600-900#    $323.77   +2.37      $325.19   +3.79
 SE 600-900#    $300.73   +1.29      $301.56   +2.12
   LOADS     
     Choice cuts      43.33                65.26
     Select cuts      13.50                23.43
     Trimmings         6.52                10.57
     Coarse Grinds    12.15                19.44
     CH/SEL SPREAD   $23.04               $23.63

POULTRY

06/07 Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $133 to $156 cents FOB
16-24 lb toms $133 to $156 cents FOB

06/01 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/27      Week Ago    Yr Ago
                                     171,437     169,995     168,489

06/02 Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 06/02/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $142.81   -0.23   $121.00-$170.00     $143.04

06/07 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 06/03 - 244 million, up 1% from a year ago
Chick placement for the week ending 06/03 - 187 million, dn 2% from a year ago

06/07 - New York Eggs
All prices are steady. The undertone is steady.  Demand is moderate to
fairly good. Offerings are moderate to instances light. Supplies are
mostly moderate. Market activity is moderate.

Extra Large    123-127
Large          121-125
Medium         112-116

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