St Joseph, MO         Tue, Jan 25, 2022      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Tuesday 01/25/2022             118,000    2,000     476,000     7,000
Week ago                       117,000    2,000     468,000     8,000
Year ago (act)                 117,000    2,000     449,000     8,000
Week to date                   233,000    4,000     924,000    15,000
Same Period Last Week          230,000    4,000     863,000    14,000
Same Period Last Year (act)    233,000    3,000     938,000    18,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Monday           89,000            26,000

**Revised Monday Hog Slaughter..448,000**

INDEXES
                        01/24  01/21  01/20  01/19  01/18  01/17  01/14
CATFAX FED 6 STATE     137.41 137.41 137.18 137.18 137.00 137.00 136.67
CATFAX FED 3 STATE     136.58 136.58 136.87 136.87 137.00 137.00 136.00
CME FEEDER             159.77 160.46 161.10 161.20 161.24 161.30 161.71
CME LEAN HOG           *78.45  78.32  77.51  76.79  76.85  76.78  75.90
3 Area LEAN HOG         77.53  76.71  77.12  75.09  75.62  75.91  75.59
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, Jan 25, 2022      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

01/25 AM CARCASS CUTOUT - $ 95.54   CHANGE  -0.12  TOTAL LD COUNT  204.20

01/25 PM CARCASS CUTOUT - $ 92.46   CHANGE  -3.20  TOTAL LD COUNT  347.08

CARLOT PORK -  OPEN  01/25        CARLOT PORK -  CLOSE 01/25
LOADS - CUTS  184.07 TRIM  20.13   LOADS - CUTS  311.70 TRIM  35.39
LOINS 1/4" Trim VAC      112.81    LOINS 1/4" Trim VAC      114.76
LOINS BNLS CC Strap On   135.20    LOINS BNLS CC Strap On   135.01
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    53.98
       Trm Sel  20-23#    65.74           Trm Sel  20-23#    54.10
       Trm Sel  23-27#    53.26           Trm Sel  23-27#    53.39
BELLIES  Skn-on 10-12#   293.81    BELLIES  Skn-on 10-12#   290.14
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   301.39

BEEF

Des Moines, IA        Tue, Jan 25, 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  01/25       BEEF CUTOUTS - CLOSE  01/25
CH 600-900# $293.34  -0.16        CH 600-900# $292.38  -1.12
SE 600-900# $284.65  -0.14        SE 600-900# $283.32  -1.47
LOADS     52.02 - Choice Cuts     LOADS     95.70 - Choice Cuts
           8.50 - Select Cuts               13.58 - Select Cuts
           7.31 - Trimmings                 13.38 - Trimmings
          15.80 - Coarse Grinds             20.32 - Coarse Grinds
CHOICE/SELECT SPREAD:  $ 8.69     CHOICE/SELECT SPREAD:  $ 9.06

POULTRY

01/25 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $124 to $133 cents FOB
16-24 lb toms $124 to $133 cents FOB

01/20 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 01/15      Week Ago     Yr Ago
                                     171,403      163,246    168,939

01/21 Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 01/21      Wk Ago    Yr Ago
                                              $131.76     $134.21   $ 82.84
National Composite Wtd Avg for the Month of: December  -  $124.39

01/19 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 01/15 - 237 million, up 1% from a 
year ago.
Chick placement for the week ending 01/15 - 185 million, down 2% from a 
year ago.

01/25 - New York Eggs
Prices are 9 cents higher for Extra Large, Large and Medium. Trade sentiment
is higher. Supplies are light to mostly moderate. The New York shell egg 
inventory is 2% lower than the previous week. Offerings are light. Demand into
retail channels is moderate to good. Market activity is moderate to active.

Extra Large    155-159
Large          153-157
Medium         141-145