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Weekly Prices and Production

Week Ending 5/25/2024
Source: Various USDA Agricultural Marketing Service reports. Data are preliminary
CurrentWeek AgoYear Ago
Number% ChangeNumber% Change
**Production
FI SlaughterThou Head6075981.5%625-2.8%
CAvg. Live WeightLbs139913980.1%13493.7%
AAvg. Dressed WeightLbs8518500.1%8134.7%
TBeef ProductionMillion Lbs515.6507.11.7%5071.7%
T**Prices - $/cwt
LLive Fed SteerWeighted Avg190.12188.540.8%177.946.8%
EDressed SteerWeighted Avg303.48299.391.4%284.366.7%
Georgia Feeder Steer600-700 Lbs266.14264.060.8%218.6121.7%
&Beef Cutout600-900 Choice311.64306.741.6%301.363.4%
RibChoice468.98458.142.4%432.028.6%
BRoundChoice252.02249.670.9%230.989.1%
EChuckChoice255.47250.352.0%243.025.1%
ETrimmings, 50%Fresh68.8878.74-12.5%184.16-62.6%
FTrimmings, 90%Fresh350.21349.210.3%278.1325.9%
Hide/OffalLive Steer11.4310.895.0%12.73-10.2%
Week Ending5/25/2024
**Production
FI SlaughterThou Head23742404-1.2%23550.8%
Avg. Live WeightLbs2892890.0%2870.7%
HAvg. Dressed WeightLbs2152150.0%2130.9%
OPork ProductionMillion Lbs511.0517.5-1.3%502.41.7%
G**Prices - $/cwt
SNatl. Negotiated PurchaseWeighted Avg87.8389.62-2.0%81.078.3%
Natl. Base CarcassWeighted Avg90.8390.650.2%80.8812.3%
&Natl. Net CarcassWeighted Avg92.6392.390.3%82.9711.6%
Natl. Early Wean Feeder10-12 Lbs.NQ40.46NA18.22NA
PNatl. Pork Cutout 215 Lbs.100.07101.35-1.3%82.5121.3%
OHam53-54% Lean81.2685.15-4.6%76.745.9%
RLoin53-54% Lean100.73102.16-1.4%84.9118.6%
KBelly53-54% Lean127.36125.351.6%77.1465.1%
Trimmings, 72%Fresh Combo93.7996.88-3.2%62.6749.7%
By-product ValueLive Hog4.334.34-0.2%5.24-17.4%
Week Ending5/25/2024
**Production
FI SlaughterThou Head3335-5.7%33-1.2%
Avg. Live WeightLbs1211200.8%126-4.0%
LAvg. Dressed WeightLbs62611.6%64-3.1%
ALamb ProductionMillion Lbs2.02.1-4.8%2.1-4.8%
M**Prices - $/cwt
BNational NegotiatedLive Avg.200.71215.85-7.0%151.6232.4%
3 Mkt Feeder (CO,SD,TX)60-90 LbsNQNQNANQNA
Lamb Cutout *465.27471.87-1.4%440.435.6%
Double Leg18-26 Lbs525.36528.68-0.6%437.5720.1%
Trimmed 4" Loin5-9 Lbs697.70709.73-1.7%622.3812.1%
Hotel Rack5-7 Lbs1108.981117.79-0.8%1177.49-5.8%
Week Ending5/25/2024
* As of 2002, Based on Average Carcass Weight 2 Weeks Prior
**Production*
CYoung Chicken SlaughterMillion Head164.8164.10.5%170.0-3.0%
HAvg. WeightLbs6.446.48-0.6%6.351.4%
IRTC ProductionMillion Lbs806.7808.0-0.2%820.4-1.7%
C**Prices - $/cwt
KNational CompositeWhole Broiler132.15132.030.1%143.04-7.6%
ENational BreastSkinlss/Bonelss185.61185.040.3%139.7932.8%
NNational Leg QuartersBulk52.4049.845.1%50.214.4%
National WingsWhole233.58228.472.2%88.52163.9%
Week Ending5/25/2024
* Chicken Slaughter & Production from One Week Prior
T**Production*
UTurkey SlaughterMillion Head3.63.60.1%4.2-13.5%
RAvg. WeightLbs30.9432.54-4.9%31.18-0.8%
KRTC ProductionMillion Lbs90.795.3-4.8%105.7-14.1%
E**Prices - $/cwt
YNational Hen, Basted8-16 Lbs.99.00103.00-3.9%150.50-34.2%
Week Ending5/25/2024
* Turkey Slaughter & Production from One Week Prior
G**Prices*
RCorn, Omaha$ per Bushel4.704.631.5%6.59-28.7%
ASoybeans, Cntrl IL$ per Bushel12.4612.192.1%13.65-8.8%
ISoybn Meal 48%, Cntrl IL$ per Ton408.00381.307.0%408.200.0%
NDistillers Grain, IL$ per Ton177.25173.502.2%228.33-22.4%
Week Ending5/25/2024
D**Prices - $/lb *
ACheddar, 40 lb BlockU.S. Average1.81601.72425.3%1.70986.2%
IButterU.S. Average3.01763.0257-0.3%2.442223.6%
RNonfat Dry MilkU.S. Average1.16191.14851.2%1.15061.0%
YDry WheyU.S. Average0.40290.4153-3.0%0.37976.1%
Week Ending5/25/2024
* All Dairy Prices from One Week Prior
NQ=No Quote
NA=Not Applicable
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