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St Joseph, MO         Fri, Dec 15, 2017      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES      HOGS       SHEEP
Friday 12/15/2017     (est)      118,000     2,000     464,000     7,000
Week ago (est)                   114,000     2,000     459,000     7,000
Year ago (act)                   108,000     2,000     427,000     7,000
Week to date (est)               593,000    10,000   2,330,000    41,000
Same Period Last Week (est)      591,000    10,000   2,313,000    41,000
Same Period Last Year (act)      568,000    10,000   2,191,000    43,000

Saturday 12/16/2017   (est)       37,000         0     248,000     2,000
Week ago (est)                    45,000         0     224,000     2,000
Year ago (act)                    39,000         0     310,000         0
Week to date (est)               630,000    10,000   2,578,000    43,000
Same Period Last Week (est)      636,000    10,000   2,537,000    43,000
Same Period Last Year*(act)      606,000    11,000   2,502,000    43,000
2017 Year to Date             30,590,000   481,000 115,926,000 1,858,000
2016 *Year to Date            29,025,000   458,000 113,133,000 1,930,000
Percent change                      5.4%      5.1%        2.5%     -3.7%
2017 *Totals subject to revision
2016 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated              Steer and Heifer     Cow and Bull
                      Thursday          97,000              23,000

INDEX
                     12/14  12/13  12/12  12/11  12/08  12/07  12/06  12/05
CATFAX FED 6 STATE  116.32 117.30 117.39 117.39 117.39 117.71 120.18 120.73
CATFAX FED 3 STATE  116.00 117.05 117.05 117.05 117.05 117.12 120.63 120.78
CME FEEDER          154.40 154.31 153.64 153.89 154.32 154.40 155.01 156.11
CME LEAN HOG        *64.11  64.64  64.86  64.97  65.17  65.48  65.30  64.85
3 Area LEAN HOG      60.87  61.45  62.11  62.19  62.45  62.42  61.97  61.36

*DTN projected Lean Hog Index, 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, Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, Oklahoma

PORK

Des Moines, IA        Fri, Dec 15, 2017      USDA Market News

12/15 AM CARCASS CUTOUT - $ 77.52   CHANGE  +0.21  TOTAL LD COUNT  145.51

12/15 PM CARCASS CUTOUT - $ 77.57   CHANGE  +0.26  TOTAL LD COUNT  249.49
 
CARLOT PORK - OPEN 12/15           CARLOT PORK - CLOSE 12/15
LOADS - CUTS   119.52  TRIM 26.00  LOADS - CUTS  199.89  TRIM 49.60
LOINS 1/4" Trim VAC       82.85    LOINS 1/4" Trim VAC       84.44
LOINS BNLS CC Strap On   122.44    LOINS BNLS CC Strap On   121.70
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    59.71           Trm Sel  20-23#    59.71
       Trm Sel  23-27#    57.15           Trm Sel  23-27#    56.05
BELLIES  Skn-on 10-12#   214.66   BELLIES  Skn-on 10-12#    215.24
BOXED    Skn-on 12-14#   186.15   BOXED    Skn-on 12-14#    186.83

BEEF

Des Moines, IA        Fri, Dec 15, 2017      USDA Market News

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

Boxed beef cutout values higher on Choice and weak on Select on light to
moderate demand and moderate offerings. Select and Choice rib, chuck, round,
and loin cuts steady to weak. Beef trimmings firm to higher on moderate demand
and light offerings.

BEEF CUTOUTS -  OPEN 12/15        BEEF CUTOUTS -  CLOSE 12/15
CH 600-900# $201.79  +0.75        CH 600-900# $201.87  +0.83
SE 600-900# $183.61  -0.08        SE 600-900# $183.25  -0.44
LOADS     58.89 - Choice Cuts       LOADS   74.76 - Choice Cuts
          10.99 - Select Cuts               19.65 - Select Cuts
           0.00 - Trimmings                 10.41 - Trimmings
           5.82 - Coarse Grinds             15.93 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 12/15    Week Ago    Yr Ago
                                              $ 86.68    $ 85.68    $ 82.65
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: November - $ 86.06

12/13 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 12/09 - 221 million, up 1% from a year ago
Chick placement for the week ending 12/09 - 184 million, up 2% from a year ago

12/15 - Daily New York Eggs 
Prices are 2 cents lower for Extra Large and Large, however Medium remain
unchanged. The undertone is steady to lower. Supplies and offerings are
moderate. Demand is mostly moderate to fairly good. Market activity is
moderate.

Extra Large    175-179
Large          173-177
Medium         126-130

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