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St Joseph, MO    Mon Mar 01, 2021     USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE   CALVES        HOGS     SHEEP
Monday 03/01/2021              120,000    2,000     499,000     9,000
Week ago                       119,000    2,000     489,000     9,000
Year ago (act)                 123,000    1,000     491,000     9,000
Previous Day                 Steer & Heifer    Cow & Bull
                 Friday         93,000               26,000
                 Saturday       50,000               14,000

INDEXES
                       02/26   x02/25  02/24  02/23  02/22  02/19  02/18  02/17
CATFAX FED 6 STATE    114.04   114.01 113.99 113.98 113.97 113.97 113.95 113.87
CATFAX FED 3 STATE    114.03   114.03 114.02 114.00 114.00 114.00 114.00 114.00
CME FEEDER             x       138.91 139.48 140.11 140.39 141.12 138.11 136.29
CME LEAN HOG          *81.90    80.70  79.95  79.12  78.16  77.74  77.43  77.20
3 Area LEAN HOG        80.02    78.59  77.92  77.42  76.59  75.43  75.55  74.79
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        Mon, Mar 01, 2021      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

03/01 AM CARCASS CUTOUT - $ 95.35   CHANGE  +1.51  TOTAL LD COUNT  151.88

03/01 PM CARCASS CUTOUT - $ 92.37   CHANGE  -1.47  TOTAL LD COUNT  313.30

CARLOT PORK -  OPEN  03/01         CARLOT PORK -  CLOSE 03/01
LOADS - CUTS  125.69 TRIM  26.19   LOADS - CUTS  269.65 TRIM  43.64
LOINS 1/4" Trim VAC       92.78    LOINS 1/4" Trim VAC      108.00
LOINS BNLS CC Strap On   112.95    LOINS BNLS CC Strap On   147.50
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    75.93           Trm Sel  20-23#    85.10
       Trm Sel  23-27#    72.54           Trm Sel  23-27#    85.00
BELLIES  Skn-on 10-12#   239.70    BELLIES  Skn-on 10-12#   322.64
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   241.00

BEEF

Des Moines, IA        Mon, Mar 01, 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  03/01       BEEF CUTOUTS -  CLOSE 03/01
CH 600-900# $240.98  +0.45        CH 600-900# $239.03  -1.50
SE 600-900# $231.42  +1.69        SE 600-900# $227.64  -2.09
LOADS     20.23 - Choice Cuts     LOADS     46.61 - Choice Cuts
           5.80 - Select Cuts               20.04 - Select Cuts
           0.00 - Trimmings                  6.63 - Trimmings
           9.19 - Coarse Grinds             11.80 - Coarse Grinds

POULTRY

03/01 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $107 to $115 cents FOB
16-24 lb toms $107 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

03/01 - New York Eggs
Prices on all sizes are unchanged.  Trade sentiment is steady to fully         
steady.  Current supplies are moderate while offerings are mostly light.        
Retail demand is moderate to fairly good.  Food service demand is light.        
 
Market activity is slow to moderate.                    

Extra Large    127-131
Large          125-129
Medium          97-101

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