St Joseph, MO         Fri, May 27, 2022      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Friday 05/27/2022              120,000    1,000     456,000     4,000
Week ago                       123,000    1,000     457,000     4,000
Year ago (act)                 117,000    2,000     425,000     4,000
Week to date                   619,000    7,000   2,340,000    35,000
Same Period Last Week          622,000    7,000   2,356,000    35,000
Same Period Last Year (act)    598,000    7,000   2,356,000    35,000

Saturday 05/28/2022             25,000        0      11,000         0
Week ago                        58,000        0      58,000         0
Year ago (act)                  33,000        0      21,000         0
Week to date                   644,000    7,000   2,351,000    35,000
Same Period Last Week          680,000    7,000   2,414,000    35,000
Same Period Last Year*(act)    630,000    7,000   2,378,000    35,000
2022 Year to Date            13,635,00  148,000  51,026,000   717,000
2021 *Year to Date           13,543,00  146,000  53,595,000   812,000
Percent change                    0.7%     1.3%       -4.8%    -11.7%
2022 *Totals subject to revision
2021 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day                       Steer and Heifer  Cow and Bull
                      Thursday          95,000          29,000

INDEXES
                        05/26  05/25  05/24  05/23  05/20  05/19  05/18
CATFAX FED 6 STATE     139.15 139.40 138.00 140.59 140.59 142.72 142.72
CATFAX FED 3 STATE     136.91 137.00 138.00 138.00 138.00 137.93 137.93
CME FEEDER             154.72 153.80 153.35 153.17 152.72 153.05 153.46
CME LEAN HOG          *104.93 104.40 103.88 103.04 102.08 101.17 100.37
3 Area LEAN HOG        102.84 102.88 101.94 102.04 100.36  99.69  98.50
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        Fri, May 27, 2022      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

05/27 AM CARCASS CUTOUT - $108.52   CHANGE  +0.39 TOTAL LD COUNT  182.08

05/27 PM CARCASS CUTOUT - $106.16   CHANGE  -1.97 TOTAL LD COUNT  283.12

CARLOT PORK -  OPEN  05/27        CARLOT PORK -  CLOSE 05/27
LOADS - CUTS   162.82 TRIM 19.27    LOADS - CUTS  257.04 TRIM  26.07
LOINS 1/4" Trim VAC      130.58    LOINS 1/4" Trim VAC      130.43
LOINS BNLS CC Strap On   148.85    LOINS BNLS CC Strap On   126.31
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    89.63
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    90.40
       Trm Sel  23-27#    88.18           Trm Sel  23-27#    88.39
BELLIES  Skn-on 10-12#   261.74    BELLIES  Skn-on 10-12#   261.22
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Fri, May 27, 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  05/27       BEEF CUTOUTS -  CLOSE  05/27
CH 600-900# $264.93  +0.96        CH 600-900# $265.42   +1.45
SE 600-900# $246.69  +2.26        SE 600-900# $246.50   +2.07
LOADS     28.68 - Choice Cuts     LOADS     48.25 - Choice Cuts
           6.14 - Select Cuts               15.55 - Select Cuts
           5.10 - Trimmings                  8.33 - Trimmings
          27.91 - Coarse Grinds             33.73 - Coarse Grinds
CHOICE/SELECT SPREAD:  $18.24     CHOICE/SELECT SPREAD:  $18.92

POULTRY

05/27 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $142 to $151 cents FOB
16-24 lb toms $142 to $150 cents FOB

05/26 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/14      Week Ago     Yr Ago
                                     166,719      165,073    168,636

05/27 Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 05/27      Wk Ago    Yr Ago
                                              $169.45     $169.53   $105.39
National Composite Wtd Avg for the Month of:  May - $169.67

05/25 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/21 - 241 million, up slightly
from a year ago
Chick placement for the week ending 05/21 - 189 million, up slightly 
from a year ago

05/27 - New York Eggs
Prices end the week unchanged on all sizes. The undertone is steady to 
barely steady. Supplies are mixed. Offerings are light to moderate. Demand
is light to occasionally good, best for food service demand. Market activity
is slow to moderate. 

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