St Joseph, MO         Thu, Nov 20, 2025      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                           CATTLE   CALVES      HOGS       SHEEP   Chicken(Yng)
Thursday - 11/20/2025     120,000    1,000     494,000     8,000     35,117,000
Week ago                  120,000    1,000     494,000     7,000     35,300,000
Year ago (act)            126,984      448     477,313     7,485     35,098,000
Week to Date              477,000    4,000   1,976,000    34,000    140,479,000
Same Period Last Week     471,000    4,000   1,942,000    37,000    141,377,000
Same Period Last Year     499,435    2,818   1,945,402    34,235    139,925,000
2025 Year to Date            NA       NA         NA         NA    8,395,869,000
2024 Year to Date      28,084,840  184,318 115,433,774 1,700,064  8,470,117,000
Percent Change               NA %     NA %       NA %       NA %          -0.9%
Previous Day Breakdown              Steers/Heifers    Cows/Bulls
                        Wednesday       97,000          23,000
        **** 2025 Year-To-Date and Percent Change Information is not complete
        due to USDA-NASS data being currently unavailable.  This information 
        will be reported as soon as it is made available to us. ************

INDEXES
                        11/19  11/18  11/17  11/14  11/13  11/12  11/11  11/10
CATFAX FED 6 STATE     225.00 225.00 225.00 226.03 226.08 226.91 229.92 226.08
CATFAX FED 3 STATE     227.19 227.19 227.19 227.93 228.00 229.51 230.19 230.19
CME FEEDER             341.16 340.02 339.46 341.89 343.73 342.42 340.67 342.76
CME LEAN HOG           *85.71  86.27  86.67  87.00  87.94  88.83  89.13  89.17
CARCASS BASE PRICE      83.09  83.73  84.06  83.90  85.04  86.20  86.32  87.09
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.
CATFAX FED 6 STATES: Iowa, Colorado, Kansas, Nebraska, Texas, and Oklahoma;
CATFAX FED 3 STATES: Kansas, Texas, and Oklahoma.

PORK

Des Moines, IA        Thu, Nov 20, 2025      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
11/20 MORNING     $ 93.48      +0.34      174.44
11/20 AFTERNOON   $ 90.21      -2.93      279.50

CARLOT PORK                 OPEN         CLOSE
 DATE                      11/20         11/20
 LOADS - CUTS             121.08        215.19
 LOADS - TRIM              53.36         64.31
 LOINS 1/4" Trim VAC       90.14         89.88
 LOINS BNLS CC Strap On   129.96        129.78
 HAMS - Trm Sel  17-20#  No Test         93.96
        Trm Sel  20-23#    89.28         89.28
        Trm Sel  23-27#    85.87         86.15
 BELLIES  Skn-on 10-12#  No Test        276.37
 BOXED    Skn-on 12-14#  No Test       No Test

BEEF

Des Moines, IA        Thu, Nov 20, 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
                     11/20               11/20
 CH 600-900#    $370.94  -0.29      $371.28  +0.05
 SE 600-900#    $353.84  +0.29      $354.18  +0.63
    LOADS   
     Choice cuts     41.76               79.15
     Select cuts      9.74               13.95
     Trimmings        4.94                4.94
     Coarse Grinds   13.91               17.56
     CH/SEL SPREAD  $17.10              $17.10

POULTRY

11/20 - Daily Turkey Market
Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current shipments).
 8-16 lb hens - 156-177
16-24 lb toms - 166-174

11/20 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/15      Week Ago    Yr Ago
                                     171,829     174,754     169,932

11/14 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 11/14/25
      Wtd Avg    Chg         Range         Wk Ago Avg
      $107.21   +0.52   $ 72.00-$159.00     $106.69

11/19 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 11/15 - 248 million, Dn 1% from a year ago
Chick placement for the week ending 11/15 - 191 million, Up 1% from a year ago

11/20 - Daily New York Shell Egg
                                  AVERAGE   PRICE   LAST REPORTED 
CLASS           PRICE RANGE        PRICE    CHANGE   (11/19/25)
Extra Large   $255.00-$259.00     $257.00   + 2.00     $255.00
Large         $253.00-$257.00     $255.00   + 2.00     $253.00
Medium        $200.00-$204.00     $202.00   + 0.00     $202.00
-- NEW YORK SHELL EGGS - CAGED, DELIVERED WAREHOUSE, WHITE, CENTS PER DOZEN --
   -- PRICES TO RETAILERS, SALES TO VOLUME BUYERS, WHITE EGGS IN CARTONS --