SJ_LS712
St Joseph, MO          Fri May 10, 2024          USDA Market News
Estimated Weekly Meat Production Under Federal Inspection

     Total red meat production under Federal inspection for the week
ending Saturday, May 11, 2024 was estimated at 1045.1 million lbs.
according to the U.S.Department of Agriculture's Marketing Service.
This was 0.4 percent lower than a week ago and 0.9 percent higher
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)
  11-May-24       526.6          1.0        515.4         2.1    1045.1
  04-May-24       526.5          1.0        520.1         2.2    1049.8
   Change:          0.0%         0.0%        -0.9%       -4.5%     -0.4%
  13-May-23       525.1          0.9        507.7         2.2    1035.9
   Change:          0.3%        11.1%         1.5%       -4.5%      0.9%
  2024 YTD       9578.4         15.5      10203.8        43.8   19841.5
  2023 YTD       9787.2         17.5      10190.6        44.3   20039.6
   Change:         -2.1%       -11.4%         0.1%       -1.1%     -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
  11-May-24     622,000        5,000    2,390,000      34,000
  04-May-24     622,000        5,000    2,407,000      36,000
   Change:          0.0%         0.0%        -0.7%       -5.6%
  13-May-23     644,000        5,000    2,362,000      34,000
   Change:         -3.4%         0.0%         1.2%        0.0%
  2024 YTD   11,394,000       84,000   47,205,000     693,000
  2023 YTD   11,921,000      112,000   46,965,000     686,000
   Change:         -4.4%       -25.3%         0.5%        1.0%
------------------------------------------------------------------------
                                     Average Weights (lbs)
Week Ending Live:          Cattle    Calves/Vealers    Hogs   Sheep/Lambs
  11-May-24   Estimate          1398          335         290       123
  04-May-24   Estimate          1399          331         291       123
  13-May-23     Actual          1351          289         289       126
            Dressed:
  11-May-24   Estimate           848          200         216        62
  04-May-24   Estimate           848          197         216        62
  13-May-23     Actual           817          170         215        64
------------------------------------------------------------------------
           Percentage of Total Cattle Slaughtered by Class
Week Ending    Steers      Heifers        Cows           Bulls
  27-Apr-24       48.1%        32.3%        17.8%        1.8%
  29-Apr-23       46.6%        31.5%        20.2%        1.8%

           Percentage of Total Hogs Slaughtered by Class
Week Ending Barrows & Gilts                 Sows                 Boars
  27-Apr-24       97.2%                      2.5%                  0.3%
  29-Apr-23       97.2%                      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