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Prices & Production

Weekly Prices and Production

Week Ending 2/24/2024
Source: Various USDA Agricultural Marketing Service reports. Data are preliminary
CurrentWeek AgoYear Ago
Number% ChangeNumber% Change
**Production
FI SlaughterThou Head593608-2.5%614-3.4%
CAvg. Live WeightLbs13841385-0.1%13770.5%
AAvg. Dressed WeightLbs831835-0.5%8270.5%
TBeef ProductionMillion Lbs491.8506.9-3.0%506.1-2.8%
T**Prices - $/cwt
LLive Fed SteerWeighted Avg181.05180.350.4%163.7210.6%
EDressed SteerWeighted Avg286.86286.610.1%260.979.9%
Georgia Feeder Steer600-700 Lbs258.96254.781.6%185.3639.7%
&Beef Cutout600-900 Choice298.53294.371.4%286.644.1%
RibChoice458.11454.210.9%462.45-0.9%
BRoundChoice252.85249.271.4%229.7510.1%
EChuckChoice258.31255.930.9%231.6811.5%
ETrimmings, 50%Fresh95.7885.0012.7%120.51-20.5%
FTrimmings, 90%Fresh310.43303.872.2%260.6519.1%
Hide/OffalLive Steer11.5811.550.3%13.17-12.1%
Week Ending2/24/2024
**Production
FI SlaughterThou Head257825590.7%23619.2%
Avg. Live WeightLbs2922920.0%2910.3%
HAvg. Dressed WeightLbs2172170.0%2160.5%
OPork ProductionMillion Lbs558.9556.00.5%510.29.5%
G**Prices - $/cwt
SNatl. Negotiated PurchaseWeighted Avg72.1568.046.0%77.82-7.3%
Natl. Base CarcassWeighted Avg78.7275.294.6%80.19-1.8%
&Natl. Net CarcassWeighted Avg80.5777.064.6%81.97-1.7%
Natl. Early Wean Feeder10-12 Lbs.56.8753.406.5%58.30-2.5%
PNatl. Pork Cutout 215 Lbs.91.8988.394.0%85.038.1%
OHam53-54% Lean81.5177.585.1%80.850.8%
RLoin53-54% Lean84.8684.190.8%82.792.5%
KBelly53-54% Lean133.46126.715.3%108.0623.5%
Trimmings, 72%Fresh Combo79.5980.52-1.2%97.45-18.3%
By-product ValueLive Hog4.304.52-4.9%5.36-19.8%
Week Ending2/24/2024
**Production
FI SlaughterThou Head40392.6%3319.7%
Avg. Live WeightLbs125126-0.8%136-8.1%
LAvg. Dressed WeightLbs64640.0%69-7.2%
ALamb ProductionMillion Lbs2.52.50.0%2.38.7%
M**Prices - $/cwt
BNational NegotiatedLive Avg.194.14184.495.2%130.0049.3%
3 Mkt Feeder (CO,SD,TX)60-90 LbsNQNQNANQNA
Lamb Cutout *467.35471.47-0.9%451.903.4%
Double Leg18-26 Lbs518.32520.35-0.4%438.4018.2%
Trimmed 4" Loin5-9 Lbs704.40705.66-0.2%625.6012.6%
Hotel Rack5-7 Lbs1121.211125.51-0.4%1178.86-4.9%
Week Ending2/24/2024
* As of 2002, Based on Average Carcass Weight 2 Weeks Prior
**Production*
CYoung Chicken SlaughterMillion Head164.2164.8-0.4%167.4-1.9%
HAvg. WeightLbs6.466.440.3%6.361.6%
IRTC ProductionMillion Lbs806.1806.40.0%809.0-0.4%
C**Prices - $/cwt
KNational CompositeWhole Broiler126.25126.110.1%122.123.4%
ENational BreastSkinlss/Bonelss126.23122.862.7%130.01-2.9%
NNational Leg QuartersBulk46.0145.990.0%39.8615.4%
National WingsWhole196.74189.883.6%116.7368.5%
Week Ending2/24/2024
* Chicken Slaughter & Production from One Week Prior
T**Production*
UTurkey SlaughterMillion Head3.73.9-6.0%3.61.0%
RAvg. WeightLbs32.2032.140.2%31.492.3%
KRTC ProductionMillion Lbs95.2101.1-5.8%92.33.2%
E**Prices - $/cwt
YNational Hen, Basted8-16 Lbs.99.0095.923.2%171.50-42.3%
Week Ending2/24/2024
* Turkey Slaughter & Production from One Week Prior
G**Prices*
RCorn, Omaha$ per Bushel4.134.25-2.8%6.88-40.0%
ASoybeans, Cntrl IL$ per Bushel11.5311.71-1.5%15.52-25.7%
ISoybn Meal 48%, Cntrl IL$ per Ton353.00367.10-3.8%503.10-29.8%
NDistillers Grain, IL$ per Ton209.25209.250.0%261.00-19.8%
Week Ending2/24/2024
D**Prices - $/lb *
ACheddar, 40 lb BlockU.S. Average1.62631.58862.4%1.9524-16.7%
IButterU.S. Average2.75852.74730.4%2.437813.2%
RNonfat Dry MilkU.S. Average1.22371.2247-0.1%1.2475-1.9%
YDry WheyU.S. Average0.47390.44985.4%0.399018.8%
Week Ending2/24/2024
* All Dairy Prices from One Week Prior
NQ=No Quote
NA=Not Applicable
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