St Joseph, MO    Fri Sep 03, 2010       USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

**This report will not be published on Monday, September 6, 2010 due to
federal holiday** 
                                CATTLE    CALVES      HOGS      SHEEP
Friday 09/03/2010        (est)   129,000     4,000     410,000     6,000
Week ago (est)                   128,000     4,000     401,000     7,000
Year ago (act)                   126,000     4,000     426,000     9,000
Week to date (est)               649,000    17,000   2,036,000    40,000
Same Period Last Week (est)      642,000    17,000   2,041,000    40,000
Same Period Last Year (act)      643,000    18,000   2,160,000    46,000

Saturday 09/04/2010      (est)    20,000         0      81,000         0
Week ago (est)                    36,000         0      69,000         0
Year ago (act)                    20,000         0     107,000         0
Week to date (est)               669,000    17,000   2,117,000    40,000
Same Period Last Week (est)      678,000    17,000   2,110,000    40,000
Same Period Last Year* (act)     662,000    18,000   2,268,000    46,000
2010 Year to Date             22,744,000   586,000  71,944,000 1,509,000
2009 *Year to Date            22,439,000   611,000  75,238,000 1,534,000
Percent change                      1.4%     -4.2%       -4.4%     -1.6%
2010 *Totals subject to revision
2009 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated        Steer and Heifer    Cow and Bull
             Thursday            104,000                26,000

**Revised Thursday Hog Slaughter..405,000  New-Week-to-Date..1,626,000**

 LIVESTOCK INDEXES 
                    09/02  09/01  08/31  08/30  08/27  08/26  08/25  08/24
CATFAX FED 6 STATE  96.82  96.82  97.31  99.18  99.19  99.37  99.38  99.12
CATFAX FED 3 STATE  96.90  96.90  97.49  99.49  99.49  99.51  99.62  99.48
CME FEEDER         113.85 114.12 114.47 114.73 115.04 114.69 114.71 114.34
CME LEAN HOG       *81.95  82.66  83.01  83.34  83.89  84.36  84.40  84.30
3 Area LEAN HOG     80.82  81.54  82.39  82.36  83.08  83.60  83.74  83.67

NOTES: 3 AREA LEAN: 3 area lean value base cost for 51-52 % lean hogs
CATFAX FED 6 STATES: Iowa, Colorado, Kansas, Nebraska, Texas, Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, Oklahoma

*DTN projected Lean Hog Index, only an estimate that may vary one or two cents 
from actual.

Des Moines, IA     Fri, Sep 03, 2010     USDA Market News

USDA NATIONAL CARLOT PORK REPORT as of:  3:00 P.M.
Purchases equated to FOB Omaha Basis.

Compared to Thursday's Close:  Fresh 1/4" trim loins and butts steady; sknd
hams steady; sdls bellies not tested; lean trimmings steady to 3.00 lower.  
Trading slow, with light demand and light to moderate offerings.

09/03 Pork Carcass Cutout Value $91.31  Change -1.07  Loads  37.30

CARLOT PORK - OPEN 09/03               CARLOT PORK - CLOSE 09/03
LOADS - CUTS    16.0    TRIM  0.0      LOADS - CUTS     30.3  TRIM  7.0
LOINS 1/4" 21#-DN    No Test           LOINS 1/4" 21#-DN    122.00  2-4 Lr
LOINS STRAP ON 5-11" No Test           LOINS STRAP ON 5-11" 156.00  2-4 Lr
HAMS    17-20#       No Test           HAMS    17-20#       No Test 4.00 Hr
        20-23#       90.00  Steady             20-23#       90.00   4.00 Hr
        23-27#       90.00  Steady             23-27#       90.00   4.00 Hr
BELLIES 10-12#       No Test           BELLIES 10-12#       No Test
        12-14#       No Test                   12-14#       No Test
        14-16#       No Test                   14-16#       No Test
        16-18#       No Test                   16-18#       No Test
        18-20#       No Test                   18-20#       No Test

Des Moines, IA       Fri, Sep 03, 2010         USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Afternoon - 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.

Boxed beef cutout values weak on very light demand and light to moderate
offerings.  Select and Choice rib, chuck and round cuts weak.  Select loin 
weak, while Choice firm.  Beef trimmings steady on light demand and offerings.

BEEF CUTOUTS - OPEN 09/03             BEEF CUTOUTS - CLOSE 09/03
CH 6-900#     163.51   + .60          CH 6-900#     162.67    - .24
SE 6-900#     156.24   - .51          SE 6-900#     155.92    - .83
LOADS    41.22 - Choice Cuts          LOADS    64.77 - Choice cuts
         29.79 - Select Cuts                   49.38 - Select Cuts
          6.26 - Trimmings                      9.50 - Trimmings
         25.38 - Coarse Grinds                 41.91 - Coarse Grinds

09/01 Weekly Pork Belly
                    Week Ending 08/28/10      Year Ago
                    Chicago  Outside  Total   Chicago    Outside   Total
In                     0         0        0       0        1535    1535
Out                    0      1471     1471       0        4428    4428
Stocks                 0      1470     1470       0       31085   31085
Net Movement           0     -1471    -1471       0       -2893   -2893
12/18 pound stocks                      371                       26719

POULTRY 

Composite Average Broilers/Fryers  08/30  Week Ago   Year Ago   Loads
  12-City                          85.62   84.73      73.48      378

09/01/10 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 08/28 - 206 million, up 3% from eggs sets a 
year ago.  Chick placement week ended 08/28 - 170 million, up 3% from a year 
ago.

09/03 New York Eggs
Extra Large   123-127
Large         121-125
Medium         81-85