St Joseph, MO    Tue Sep 07, 2010       USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES     HOGS       SHEEP
Monday 09/06/2010        (est)     3,000     1,000       3,000     1,000
Week ago (est)                   130,000     3,000     411,000     9,000
Year ago (act)                     3,000     2,000       4,000     1,000
Previous Day Estimated        Steer & Heifer      Cow & Bull
                  Friday         103,000                26,000
                 Saturday         13,000                10,000

**Revised Friday Hog Slaughter..401,000  New Friday Week-to-Date..2,027,000**
**Revised Saturday Cattle Slaughter.. 23,000  New Week-to-Date..672,000**
**Reviesed Saturday Hog Slaughter..86,000 New Saturday Week-to-Date..2,113,000**
    
                                 CATTLE     CALVES     HOGS       SHEEP
Tuesday 09/07/2010       (est)   131,000     4,000     418,000    10,000
Week ago (est)                   130,000     4,000     397,000     7,000
Year ago (act)                   129,000     4,000     432,000    11,000
Week to date (est)               134,000     5,000     421,000    11,000
Same Period Last Week (est)      260,000     7,000     808,000    16,000
Same Period Last Year (act)      132,000     6,000     436,000    12,000
Previous Day Estimated        Steer and Heifer    Cow and Bull
                 Monday            1,000                 2,000

 LIVESTOCK INDEXES 
                    09/03  09/02  09/01  08/31  08/30  08/27  08/26  08/25
CATFAX FED 6 STATE  96.83  96.82  96.82  97.31  99.18  99.19  99.37  99.38
CATFAX FED 3 STATE  96.90  96.90  96.90  97.49  99.49  99.49  99.51  99.62
CME FEEDER         113.75 113.85 114.12 114.47 114.73 115.04 114.69 114.71
CME LEAN HOG       *81.44  81.95  82.66  83.01  83.34  83.89  84.36  84.40
3 Area LEAN HOG     80.35  80.82  81.54  82.39  82.36  83.08  83.60  83.74

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     Tue, Sep 07, 2010     USDA Market News

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

Compared to Friday's Close: Fresh 1/4" trim loins weak; butts steady to 3.00 
higher; sknd hams not tested; sdls bellies 14-16 lbs steady to weak; lean 
trimmings 2.00-5.00 lower.  Trading moderate, with light to moderate demand 
and offerings.

09/07 Pork Carcass Cutout Value $90.47  Change - .84  Loads  61.50

CARLOT PORK - OPEN 09/07               CARLOT PORK - CLOSE 09/07
LOADS - CUTS     6.5    TRIM  0.0      LOADS - CUTS     55.5  TRIM  6.0
LOINS 1/4" 21#-DN    No Test           LOINS 1/4" 21#-DN    107-122 Weak
LOINS STRAP ON 5-11" 160.00            LOINS STRAP ON 5-11" 150-160 Weak
HAMS    17-20#       No Test           HAMS    17-20#       No Test
        20-23#       No Test                   20-23#       No Test
        23-27#       No Test                   23-27#       No Test
BELLIES 10-12#       No Test           BELLIES 10-12#       No Test
        12-14#       No Test                   12-14#       138-150 Stdy/Wk
        14-16#       No Test                   14-16#       138-150 Stdy/Wk
        16-18#       No Test                   16-18#       No Test
        18-20#       No Test                   18-20#       No Test

Des Moines, IA       Tue, Sep 07, 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 lower on Choice and steady on Select on moderate demand
and moderate to heavy offerings.  Select and Choice rib, round and loin items
generally steady while chuck cuts weak to lower.  Beef trimmings generally 
steady on light to moderate demand and offerings.

BEEF CUTOUTS - OPEN 09/07             BEEF CUTOUTS - CLOSE 09/07
CH 6-900#     162.45   - .22          CH 6-900#     161.75    - .92
SE 6-900#     156.08   + .16          SE 6-900#     155.91    - .01
LOADS    47.51 - Choice Cuts          LOADS    94.80 - Choice cuts
         29.23 - Select Cuts                   59.08 - Select Cuts
          5.86 - Trimmings                     13.26 - Trimmings
         19.12 - Coarse Grinds                 38.86 - 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  09/07  Week Ago   Year Ago   Loads
  12-City                          85.09   85.62      73.99      374

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.

09/07 New York Eggs
Extra Large   117-121
Large         115-119
Medium         75-79