SJ_LS712 St Joseph, MO Fri Mar 15, 2024 USDA Market News Estimated Weekly Meat Production Under Federal Inspection ***Correction to Saturday Hog & Pork data for the week ending 3/16/2024.*** Total red meat production under Federal inspection for the week ending Saturday, March 16, 2024 was estimated at 1037.9 million lbs. according to the U.S.Department of Agriculture's Marketing Service. This was 2.0 percent higher than a week ago and 2.2 percent lower than a year ago. Cumulative meat production for the year to date was 1.8 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) 16-Mar-24 501.4 0.9 533.0 2.6 1037.9 09-Mar-24 484.1 0.9 530.3 2.6 1017.9 Change: 3.6% 0.0% 0.5% 0.0% 2.0% 18-Mar-23 515.7 0.9 541.6 2.6 1060.8 Change: -2.8% 0.0% -1.6% 0.0% -2.2% 2024 YTD 5453.6 9.0 6016.7 25.1 11504.4 2023 YTD 5697.7 10.3 5988.0 24.6 11720.6 Change: -4.3% -12.6% 0.5% 2.0% -1.8% (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 16-Mar-24 601,000 5,000 2,471,000 40,000 09-Mar-24 583,000 5,000 2,456,000 41,000 Change: 3.1% 0.0% 0.6% -2.4% 18-Mar-23 628,000 6,000 2,495,000 39,000 Change: -4.3% -16.7% -1.0% 2.6% 2024 YTD 6,534,000 52,000 27,776,000 391,000 2023 YTD 6,915,000 70,000 27,564,000 376,000 Change: -5.5% -25.3% 0.8% 3.9% ------------------------------------------------------------------------ Average Weights (lbs) Week Ending Live: Cattle Calves/Vealers Hogs Sheep/Lambs 16-Mar-24 Estimate 1389 317 290 128 09-Mar-24 Estimate 1386 309 290 127 18-Mar-23 Actual 1367 272 292 130 Dressed: 16-Mar-24 Estimate 836 187 216 65 09-Mar-24 Estimate 832 182 216 65 18-Mar-23 Actual 822 159 217 66 ------------------------------------------------------------------------ Percentage of Total Cattle Slaughtered by Class Week Ending Steers Heifers Cows Bulls 02-Mar-24 46.5% 32.0% 20.0% 1.5% 04-Mar-23 44.4% 33.4% 20.8% 1.4% Percentage of Total Hogs Slaughtered by Class Week Ending Barrows & Gilts Sows Boars 02-Mar-24 97.2% 2.6% 0.2% 04-Mar-23 97.3% 2.5% 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