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St Joseph, MO         Tue, Jun 06, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Tuesday 06/06/2023             125,000    1,000     469,000     9,000
Week ago                       126,000    1,000     480,000     9,000
Year ago (act)                 126,000    1,000     476,000     8,000
Week to date                   246,000    2,000     936,000    18,000
Same Period Last Week          128,000    2,000     483,000    10,000
Same Period Last Year (act)    249,000    2,000     949,000    16,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Monday           96,000            25,000

INDEXES
                      06/05  06/02  06/01  05/31  05/30  05/29  05/26
CATFAX FED 6 STATE   181.32 180.49 181.65 179.53 176.53 176.11 177.55
CATFAX FED 3 STATE   177.86 180.49 177.77 176.00 170.87 170.79 170.50
CME FEEDER           218.65 216.12 208.04 208.07 207.18 207.61 207.62
CME LEAN HOG         *81.86  81.21  80.52  79.63  79.53   NA    80.08
3 Area LEAN HOG       79.46  78.48  77.74  76.91  76.47   NA    77.48
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, Jun 06, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

PORK CARCASS       CUTOUT      CHANGE     TOTAL LDS
06/06 MORNING     $ 85.28       -3.78      188.13
06/06 AFTERNOON   $ 84.98       -4.08      335.09

CARLOT PORK                 OPEN       CLOSE
 DATE                      06/06       06/06
 LOADS - CUTS             175.52      315.84
 LOADS - TRIM              12.60       19.25
 LOINS 1/4" Trim VAC      101.99      102.58
 LOINS BNLS CC Strap On   137.87      139.14
 HAMS - Trm Sel  17-20#  No Test     No Test
        Trm Sel  20-23#    86.30       83.45
        Trm Sel  23-27#    82.59       82.56
 BELLIES  Skn-on 10-12#   250.31      246.10
 BOXED    Skn-on 12-14#  No Test      243.85

BEEF

Des Moines, IA        Tue, Jun 06, 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
                     06/06                06/06
 CH 600-900#    $319.51   +5.32      $321.40   +7.21
 SE 600-900#    $299.19   +2.46      $299.44   +2.71
   LOADS     
     Choice cuts      29.74                74.44
     Select cuts      11.22                23.46
     Trimmings         0.00                 8.47
     Coarse Grinds    13.34                19.52
     CH/SEL SPREAD   $20.32               $21.96

POULTRY

06/06 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 $155 cents FOB
16-24 lb toms $133 to $155 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: 05/26/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $142.81   -0.23   $121.00-$170.00     $143.04

05/31 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/27 - 241 million, down 1% from a year 
ago.
Chick placement for the week ending 05/27 - 188 million, down 1% from a year
ago.

06/06 - New York Eggs
All prices are steady. The undertone is steady. Retail demand is moderate to
fairly good, while moderate to instances fairly good for food service movement.
Offerings are moderate to at times light. Supplies are mostly moderate. The New
York shell egg inventory increased 11% when compared to a week ago. Market
activity is moderate.

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

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