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St Joseph, MO         Tue, May 24, 2022      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Tuesday 05/24/2022             125,000    2,000     473,000     7,000
Week ago                       125,000    2,000     477,000     7,000
Year ago (act)                 122,000    2,000     482,000     7,000
Week to date                   250,000    4,000     937,000    17,000
Same Period Last Week          249,000    4,000     947,000    17,000
Same Period Last Year (act)    239,000    3,000     961,000    16,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Monday           99,000            26,000

**Revised Monday Hog Slaughter..464,000**

INDEXES
                        05/23  05/20  05/19  05/18  05/17  05/16  05/13
CATFAX FED 6 STATE     140.59 140.59 142.72 142.72 140.05 141.91 141.91
CATFAX FED 3 STATE     138.00 138.00 137.93 137.93 137.93 140.00 140.00
CME FEEDER             153.17 152.72 153.05 153.46 155.05 155.27 156.00
CME LEAN HOG          *103.03 102.08 101.17 100.37 100.08  99.90 100.07
3 Area LEAN HOG        102.02 100.36  99.69  98.50  98.04  98.23  97.85
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        Tue, May 24, 2022      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

05/24 AM CARCASS CUTOUT - $107.86   CHANGE  +0.81 TOTAL LD COUNT  164.12

05/24 PM CARCASS CUTOUT - $107.05   CHANGE  -0.06 TOTAL LD COUNT  271.29

CARLOT PORK -  OPEN  05/24        CARLOT PORK -  CLOSE 05/24
LOADS - CUTS   124.24 TRIM 21.88    LOADS - CUTS  264.65 TRIM  39.80
LOINS 1/4" Trim VAC      132.88    LOINS 1/4" Trim VAC      134.60
LOINS BNLS CC Strap On   122.63    LOINS BNLS CC Strap On   124.93
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#  No Test
       Trm Sel  23-27#    85.26           Trm Sel  23-27#    88.62
BELLIES  Skn-on 10-12#   264.97    BELLIES  Skn-on 10-12#   260.11
BOXED    Skn-on 12-14#   275.95    BOXED    Skn-on 12-14#   277.42

BEEF

Des Moines, IA        Tue, May 24, 2022      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales
Afternoon - 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  05/24       BEEF CUTOUTS -  CLOSE  05/24
CH 600-900# $264.92  +0.64        CH 600-900# $263.65   -0.63
SE 600-900# $246.14  +1.91        SE 600-900# $245.35   +1.12
LOADS     41.61 - Choice Cuts     LOADS     92.38 - Choice Cuts
          19.19 - Select Cuts               31.35 - Select Cuts
           3.56 - Trimmings                  9.28 - Trimmings
          12.57 - Coarse Grinds             32.01 - Coarse Grinds
CHOICE/SELECT SPREAD:  $18.78     CHOICE/SELECT SPREAD:  $18.30

POULTRY

05/24 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $139 to $151 cents FOB
16-24 lb toms $139 to $149 cents FOB

05/19 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/14      Week Ago     Yr Ago
                                     165,073      162,882    163,760

05/20 Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 05/20      Wk Ago    Yr Ago
                                              $169.53     $170.24   $106.23
National Composite Wtd Avg for the Month of: April - $166.89

05/18 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/14 - 242 million, up 1% from 
a year ago
Chick placement for the week ending 05/14 - 188 million, up slightly 
from a year ago

05/24 - New York Eggs
Prices are steady. Trade sentiment is steady. Supplies are mixed but mostly
moderate. The New York shell egg inventory is 8% higher than last Monday. 
Offerings are light to moderate. Retail demand is light to moderate. Food 
service demand is moderate to fairly good. Market activity is slow to moderate.

Extra Large    217-221
Large          215-219
Medium         204-208

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