SJ_LS712
St Joseph, MO          Fri May 31, 2024          USDA Market News
Estimated Weekly Meat Production Under Federal Inspection

     Total red meat production under Federal inspection for the week
ending Saturday, June 01, 2024 was estimated at 926 million lbs.
according to the U.S.Department of Agriculture's Marketing Service.
This was 9.8 percent lower than a week ago and 3.0 percent higher
than a year ago.  Cumulative meat production for the year to date was
0.8 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)
  01-Jun-24       459.3          0.8        464.1         1.8     926.0
  25-May-24       515.6          1.0        508.4         2.0    1027.0
   Change:        -10.9%       -20.0%        -8.7%      -10.0%     -9.8%
  03-Jun-23       463.8          0.8        432.2         2.0     898.8
   Change:         -1.0%         0.0%         7.4%      -10.0%      3.0%
  2024 YTD      11060.3         17.6      11690.2        50.3   22818.4
  2023 YTD      11278.7         20.1      11642.0        50.6   22991.4
   Change:         -1.9%       -12.4%         0.4%       -0.6%     -0.8%
(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
  01-Jun-24     540,000        4,000    2,155,000      30,000
  25-May-24     607,000        5,000    2,362,000      33,000
   Change:        -11.0%       -20.0%        -8.8%       -9.1%
  03-Jun-23     568,000        5,000    2,025,000      33,000
   Change:         -4.9%       -20.0%         6.4%       -9.1%
  2024 YTD   13,131,000       95,000   54,121,000     801,000
  2023 YTD   13,755,000      128,000   53,752,000     786,000
   Change:         -4.5%       -25.8%         0.7%        1.9%
------------------------------------------------------------------------
                                     Average Weights (lbs)
Week Ending Live:          Cattle    Calves/Vealers    Hogs   Sheep/Lambs
  01-Jun-24   Estimate          1400          338         290       122
  25-May-24   Estimate          1399          337         289       121
  03-Jun-23     Actual          1351          277         287       123
            Dressed:
  01-Jun-24   Estimate           852          201         215        62
  25-May-24   Estimate           851          201         215        62
  03-Jun-23     Actual           817          163         214        62
------------------------------------------------------------------------
           Percentage of Total Cattle Slaughtered by Class
Week Ending    Steers      Heifers        Cows           Bulls
  18-May-24       49.8%        31.5%        17.0%        1.7%
  20-May-23       48.6%        30.5%        19.4%        1.6%

           Percentage of Total Hogs Slaughtered by Class
Week Ending Barrows & Gilts                 Sows                 Boars
  18-May-24       97.0%                      2.8%                  0.3%
  20-May-23       97.0%                      2.7%                  0.3%

*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