SJ_LS712
St Joseph, MO          Fri May 03, 2024          USDA Market News
Estimated Weekly Meat Production Under Federal Inspection

     Total red meat production under Federal inspection for the week
ending Saturday, May 04, 2024 was estimated at 1046.9 million lbs.
according to the U.S.Department of Agriculture's Marketing Service.
This was 1.1 percent higher than a week ago and 0.6 percent higher
than a year ago.  Cumulative meat production for the year to date was
1.1 percent lower compared to the previous year.

                        Meat Production (millions of pounds)
                             (excludes condemned)
Week Ending       Beef     Calf/Veal     Pork (2) Lamb/Mutton  Totals (3)
  04-May-24       523.9          1.0        519.8         2.2    1046.9
  27-Apr-24       518.6          1.0        513.3         2.1    1035.0
   Change:          1.0%         0.0%         1.3%        4.8%      1.1%
  06-May-23       507.3          0.9        530.5         2.2    1040.9
   Change:          3.3%        11.1%        -2.0%        0.0%      0.6%
  2024 YTD       9048.4         14.8       9690.0        41.6   18794.8
  2023 YTD       9262.1         16.6       9682.9        42.1   19003.7
   Change:         -2.3%       -10.8%         0.1%       -1.2%     -1.1%
(1)Previous week estimates may be revised. Year ago data are actuals.
(2) Excludes lard.      (3) Totals may not add due to rounding.
2024 totals are subject to revision
------------------------------------------------------------------------
                        Livestock Slaughter (head)
Week Ending   Cattle    Calves/Vealer      Hogs   Sheep/Lambs
  04-May-24     619,000        5,000    2,406,000      36,000
  27-Apr-24     613,000        5,000    2,379,000      34,000
   Change:          1.0%         0.0%         1.1%        5.9%
  06-May-23     621,000        5,000    2,452,000      34,000
   Change:         -0.3%         0.0%        -1.9%        5.9%
  2024 YTD   10,768,000       81,000   44,816,000     657,000
  2023 YTD   11,277,000      107,000   44,603,000     652,000
   Change:         -4.5%       -24.3%         0.5%        0.7%
------------------------------------------------------------------------
                                     Average Weights (lbs)
Week Ending Live:          Cattle    Calves/Vealers    Hogs   Sheep/Lambs
  04-May-24   Estimate          1399          331         291       123
  27-Apr-24   Estimate          1399          325         290       121
  06-May-23     Actual          1359          301         291       127
            Dressed:
  04-May-24   Estimate           848          197         216        62
  27-Apr-24   Estimate           848          193         216        62
  06-May-23     Actual           819          178         216        64
------------------------------------------------------------------------
           Percentage of Total Cattle Slaughtered by Class
Week Ending    Steers      Heifers        Cows           Bulls
  20-Apr-24       46.6%        33.7%        17.9%        1.7%
  22-Apr-23       45.5%        31.8%        20.9%        1.8%

           Percentage of Total Hogs Slaughtered by Class
Week Ending Barrows & Gilts                 Sows                 Boars
  20-Apr-24       97.2%                      2.6%                  0.2%
  22-Apr-23       97.5%                      2.3%                  0.2%

*2023 slaughter totals adjusted to reflect NASS revisions
Source:  USDA Livestock, Poultry, and Grain Market News Division, St Joseph, MO
         816-676-7000   e-mail:  stjoe.lpgmn@ams.usda.gov
         www.ams.usda.gov/mnreports/SJ_LS710.txt
         www.ams.usda.gov/market-news/livestock-poultry-grain

1300C