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St Joseph, MO    Tue Mar 02, 2021     USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE   CALVES        HOGS     SHEEP
Tuesday 03/02/2021             123,000    2,000     497,000     8,000
Week ago                       122,000    2,000     497,000     8,000
Year ago (act)                 124,000    2,000     497,000     7,000
Week to date                   243,000    4,000     990,000    17,000
Same Period Last Week          241,000    4,000     986,000    17,000
Same Period Last Year (act)    247,000    3,000     988,000    16,000
Previous Day                 Steer and Heifer  Cow and Bull
                 Monday         95,000               25,000

**Revised Monday Hog Slaughter..493,000**

INDEXES
                       03/01  02/26  02/25  02/24  02/23  02/22  02/19  
CATFAX FED 6 STATE    114.04 114.04 114.01 113.99 113.98 113.97 113.97  
CATFAX FED 3 STATE    114.03 114.03 114.03 114.02 114.00 114.00 114.00  
CME FEEDER            137.54 138.35 138.91 139.48 140.11 140.39 141.12  
CME LEAN HOG          *x      81.90  80.70  79.95  79.12  78.16  77.74    
3 Area LEAN HOG        81.20  80.02  78.59  77.92  77.42  76.59  75.43    
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       Tues, Mar 02, 2021      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

03/02 AM CARCASS CUTOUT - $ 99.45   CHANGE  +7.08  TOTAL LD COUNT  242.23

03/02 PM CARCASS CUTOUT - $ 94.87   CHANGE  +2.50  TOTAL LD COUNT  387.07

CARLOT PORK -  OPEN  03/02         CARLOT PORK -  CLOSE 03/02
LOADS - CUTS  222.14 TRIM  20.09   LOADS - CUTS  354.03 TRIM  33.04
LOINS 1/4" Trim VAC       92.86    LOINS 1/4" Trim VAC       92.56
LOINS BNLS CC Strap On   110.99    LOINS BNLS CC Strap On   110.98
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    76.87
       Trm Sel  23-27#    70.21           Trm Sel  23-27#    71.25
BELLIES  Skn-on 10-12#   270.28    BELLIES  Skn-on 10-12#   263.16
BOXED    Skn-on 12-14#   192.96    BOXED    Skn-on 12-14#   192.96

BEEF

Des Moines, IA       Tues, Mar 02, 2021      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales 
Morning - 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.

BEEF CUTOUTS -  OPEN  03/02       BEEF CUTOUTS -  CLOSE 03/02
CH 600-900# $236.96  -2.07        CH 600-900# $234.68  -4.35
SE 600-900# $226.54  -1.10        SE 600-900# $226.17  -1.47
LOADS     40.38 - Choice Cuts     LOADS     74.61 - Choice Cuts
          12.69 - Select Cuts               19.43 - Select Cuts
           4.13 - Trimmings                  5.98 - Trimmings
           8.94 - Coarse Grinds             12.00 - Coarse Grinds

POULTRY

03/02 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $108 to $115 cents FOB
16-24 lb toms $108 to $115 cents FOB

02/25- Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/20      Week Ago     Yr Ago
                                      95,927      163,944    169,956

02/26 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 02/26    Week Ago      Yr Ago
                                              $ 83.05    $ 83.16      $ 76.71
National Composite Wtd Avg for the Month of:  February - $ 82.97

02/24 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 02/20 - 231 million, off 3% from a year ago
Chick placement for the week ending 02/20 - 183 million, off 4% from a year ago

03/02 - New York Eggs
Prices are 3 cents higher for Extra Large, Large and Medium.  Trade            
sentiment is fully steady.  Supplies are light to mostly moderate. 
The New York shell egg inventory is 3% less than last Monday.  Offerings  
are light.  Retail demand is moderate to fairly good. Food service demand 
is light.  Market activity is moderate.                                  
 

Extra Large    130-134
Large          128-132
Medium         100-104

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