St Joseph, MO    Thu Sep 09, 2010       USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                                 CATTLE     CALVES     HOGS       SHEEP
Thursday 09/09/2010      (est)   131,000     3,000     424,000     9,000
Week ago (est)                   130,000     3,000     405,000     9,000
Year ago (act)                   130,000     4,000     432,000    10,000
Week to date (est)               396,000    11,000   1,259,000    30,000
Same Period Last Week (est)      520,000    13,000   1,626,000    34,000
Same Period Last Year (act)      392,000    14,000   1,300,000    33,000
Previous Day Estimated        Steer and Heifer    Cow and Bull
             Wednesday           104,000                27,000

**Revised Wednesday Hog Slaughter..414,000  New Week-to-Date.835,000**

 LIVESTOCK INDEXES 
                    09/08  09/07  09/06  09/03  09/02  09/01  08/31  08/30
CATFAX FED 6 STATE  97.24  96.58  96.83  96.83  96.82  96.82  97.31  99.18
CATFAX FED 3 STATE  97.45  96.83  96.90  96.90  96.90  96.90  97.49  99.49
CME FEEDER         113.49 113.67 113.75 113.57 113.85 114.12 114.47 114.73
CME LEAN HOG       *81.86  81.53   x.xx  81.44  81.95  82.66  83.01  83.34
3 Area LEAN HOG     80.94  80.81   x.xx  80.35  80.82  81.54  82.39  82.36

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     Thu, Sep 09, 2010     USDA Market News

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

Compared to Wednesday's Close:  Fresh 1/4" trim loins unevenly steady; butts 
steady to 2.00 lower; sknd hams 1.00 lower; sdls bellies 14-16 lbs 3.00 higher; 
lean trimmings steady.  Trading moderate, with light to moderate demand and 
offerings.

09/09 Pork Carcass Cutout Value $90.25  Change - .69  Loads  91.75

CARLOT PORK - OPEN 09/09               CARLOT PORK - CLOSE 09/09
LOADS - CUTS    18.0    TRIM  3.0      LOADS - CUTS     86.8  TRIM  5.0
LOINS 1/4" 21#-DN    121.00  Firm      LOINS 1/4" 21#-DN    121-123 Unvnly Stdy
LOINS STRAP ON 5-11" No Test           LOINS STRAP ON 5-11" 147-155 Unvnly Stdy
HAMS    17-20#       No Test           HAMS    17-20#       88.00   1.00 Lr
        20-23#       88.00   1.00 Lr           20-23#       88.00   1.00 Lr
        23-27#       88.00   1.00 Lr           23-27#       88.00   1.00 Lr
BELLIES 10-12#       No Test           BELLIES 10-12#       No Test
        12-14#       154.00  3.00 Hr           12-14#       154.00  3.00 Hr
        14-16#       154.00  3.00 Hr           14-16#       154.00  3.00 Hr
        16-18#       No Test                   16-18#       No Test
        18-20#       No Test                   18-20#       No Test

Des Moines, IA       Thu, Sep 09, 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 to lower on moderate demand and moderate to heavy
offerings. Select and Choice rib, chuck, round and loin cuts weak to lower. Beef
trimmings lower on moderate to good demand and moderate to heavy offerings.

BEEF CUTOUTS - OPEN 09/09             BEEF CUTOUTS - CLOSE 09/09
CH 6-900#     160.86   - .61          CH 6-900#     160.73    - .74
SE 6-900#     154.51   - .93          SE 6-900#     154.29    -1.15
LOADS    61.17 - Choice Cuts          LOADS   101.50 - Choice cuts
         45.94 - Select Cuts                   79.29 - Select Cuts
         23.34 - Trimmings                     42.64 - Trimmings
         35.07 - Coarse Grinds                 48.44 - Coarse Grinds

09/09 Weekly Pork Belly
                    Week Ending 09/04/10      Year Ago
                    Chicago  Outside  Total   Chicago    Outside   Total
In                     0         0        0       0        1242    1242
Out                    0      1046     1046       0        3578    3578
Stocks                 0       424      424       0       28749   28749
Net Movement           0     -1046    -1046       0       -2336   -2336
12/18 pound stocks                      173                       24966

POULTRY 

Composite Average Broilers/Fryers  09/07  Week Ago   Year Ago   Loads
  12-City                          85.09   85.62      73.99      374

09/08/10 Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 09/04 - 203 million, up 4% from eggs sets a 
year ago.  Chick placement week ended 09/04 - 170 million, up 2% from a year 
ago.

09/09 New York Eggs
Extra Large    91-95
Large          89-93
Medium         60-64