St Joseph, MO         Fri, May 23, 2025      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Friday - 05/23/2025           97,000     1,000     424,000      5,000
Week ago                     105,000     1,000     466,000      3,000
Year ago (act)               118,556       822     440,915      4,901
Week to Date                 568,000     5,000   2,352,000     39,000
Same Period Last Week        564,000     5,000   2,380,000     36,000
Same Period Last Year*       598,388     4,012   2,358,909     36,305
2025 Year to Date         11,820,732    56,689  50,870,121    774,047
2024*Year to Date         12,582,338    89,787  51,962,675    774,047
Percent Change                 -6.1%    -36.9%       -2.1%      +0.1%

Saturday - 05/24/2025          2,000         0      10,000          0
Week ago                       2,000         0      20,000          0
Year ago (act)                 3,748         0      12,172         37
Week to Date                 570,000     5,000   2,362,000     39,000
Same Period Last Week        566,000     5,000   2,400,000     36,000
Same Period Last Year*       602,136     4,012   2,371,081     36,342
2025 Year to Date         11,822,732    56,689  50,880,121    774,971
2024*Year to Date         12,586,086    89,787  51,974,847    774,084
Percent Change                 -6.1%    -36.9%       -2.1%      +0.1%
Previous Day Breakdown             Steers/Heifers    Cows/Bulls
                    Thursday           94,000          22,000
   2025 *Totals subject to revision / 2024 * Totals adjusted to reflect
        NASS Revisions / Yearly totals may not add due to rounding

INDEXES
                       05/22  05/21  05/20  05/19  05/16  05/15  05/14
CATFAX FED 6 STATE    228.65 225.87 224.13 224.13 224.38 224.70 224.54
CATFAX FED 3 STATE    219.44 219.44 219.44 219.44 219.61 219.64 219.17
CME FEEDER            295.46 295.69 297.64 297.33 298.86 300.79 302.17
CME LEAN HOG          *92.94  92.75  92.34  91.85  91.46  91.26  91.02
CARCASS BASE PRICE     92.58  92.59  92.31  92.24  90.88  90.26  89.50
NA = Not Available; **NA = Not Available Due to Packer Submission Issues;
*NA* = Not Available Due to Confidentiality; + 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: HAS BEEN DISCONTINUED BY THE USDA, NOW USING
     ALL PURCHASE TYPES CARCASS BASE PRICE
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 23, 2025      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
05/23 MORNING     $101.00      +0.73      188.79
05/23 AFTERNOON   $101.46      +1.19      326.91

CARLOT PORK                 OPEN         CLOSE
 DATE                      05/23         05/23
 LOADS - CUTS             172.99        296.51
 LOADS - TRIM              15.80         30.40
 LOINS 1/4" Trim VAC      102.00        104.18
 LOINS BNLS CC Strap On   138.80        141.35
 HAMS - Trm Sel  17-20#  No Test        105.63
        Trm Sel  20-23#  No Test        100.80
        Trm Sel  23-27#    96.27         96.65
 BELLIES  Skn-on 10-12#   265.58        291.22
 BOXED    Skn-on 12-14#  No Test       No Test

BEEF

Des Moines, IA        Fri, May 23, 2025      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

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.

                    MORNING            AFTERNOON
BEEF CUTOUTS    OPEN      CHNG      CLOSE     CHNG
                     05/23               05/23
 CH 600-900#    $361.79  +0.82      $361.55  +0.58
 SE 600-900#    $351.05  +2.10      $351.32  +2.37
    LOADS   
     Choice cuts     35.27               49.56
     Select cuts      3.82                6.10
     Trimmings        0.00                8.86
     Coarse Grinds    4.70                6.70
     CH/SEL SPREAD  $10.74              $10.23

POULTRY

05/23 - Daily Turkey Market
Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $111.00 - $122.00 cents FOB
16-24 lb toms $110.00 - $142.00 cents FOB

05/22 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/17      Week Ago    Yr Ago
                                     168,692     168,711     164,831

05/23 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 05/16/25
      Wtd Avg    Chg         Range         Wk Ago Avg
      $135.08   -0.21   $106.00-$163.00     $135.29

05/21 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/17 - 252 million, up 1% from a year ago
Chick placement for the week ending 05/17 - 193 million, up 1% from a year ago

05/23 - Daily New York Shell Egg
                                  AVERAGE   PRICE   LAST REPORTED 
CLASS           PRICE RANGE        PRICE    CHANGE   (5/22/2025)
Extra Large   $330.00-$334.00     $332.00   -12.00     $344.00 
Large         $328.00-$332.00     $330.00   -12.00     $342.00
Medium        $312.00-$316.00     $314.00   -12.00     $326.00
** NEW YORK SHELL EGGS - CAGED, DELIVERED WAREHOUSE, WHITE, CENTS PER DOZEN **
   ** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, WHITE EGGS IN CARTONS **