SJ_LS712
St Joseph, MO          Fri May 17, 2024          USDA Market News
Estimated Weekly Meat Production Under Federal Inspection

     Total red meat production under Federal inspection for the week
ending Saturday, May 18, 2024 was estimated at 1027.7 million lbs.
according to the U.S.Department of Agriculture's Marketing Service.
This was 1.4 percent lower than a week ago and 1.2 percent lower
than a year ago.  Cumulative meat production for the year to date was
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)
  18-May-24       507.1          1.0        517.5         2.1    1027.7
  11-May-24       526.6          1.0        513.0         2.1    1042.7
   Change:         -3.7%         0.0%         0.9%        0.0%     -1.4%
  20-May-23       520.7          0.9        516.8         2.2    1040.6
   Change:         -2.6%        11.1%         0.1%       -4.5%     -1.2%
  2024 YTD      10087.3         16.2      10715.8        46.1   20865.4
  2023 YTD      10307.9         18.4      10707.4        46.5   21080.2
   Change:         -2.1%       -12.0%         0.1%       -0.9%     -1.0%
(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
  18-May-24     598,000        5,000    2,404,000      35,000
  11-May-24     622,000        5,000    2,379,000      34,000
   Change:         -3.9%         0.0%         1.1%        2.9%
  20-May-23     640,000        5,000    2,407,000      34,000
   Change:         -6.6%         0.0%        -0.1%        2.9%
  2024 YTD   11,991,000       88,000   49,594,000     734,000
  2023 YTD   12,561,000      118,000   49,372,000     720,000
   Change:         -4.5%       -25.1%         0.5%        2.0%
------------------------------------------------------------------------
                                     Average Weights (lbs)
Week Ending Live:          Cattle    Calves/Vealers    Hogs   Sheep/Lambs
  18-May-24   Estimate          1398          339         289       120
  11-May-24   Estimate          1398          335         290       123
  20-May-23     Actual          1350          285         289       128
            Dressed:
  18-May-24   Estimate           850          202         215        61
  11-May-24   Estimate           848          200         216        62
  20-May-23     Actual           815          168         215        65
------------------------------------------------------------------------
           Percentage of Total Cattle Slaughtered by Class
Week Ending    Steers      Heifers        Cows           Bulls
  04-May-24       47.4%        34.1%        16.8%        1.7%
  06-May-23       47.1%        30.7%        20.4%        1.8%

           Percentage of Total Hogs Slaughtered by Class
Week Ending Barrows & Gilts                 Sows                 Boars
  04-May-24       97.3%                      2.5%                  0.2%
  06-May-23       97.3%                      2.5%                  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