SJ_LS712 St Joseph, MO Fri Nov 24, 2023 USDA Market News Estimated Weekly Meat Production Under Federal Inspection Total red meat production under Federal inspection for the week ending Saturday, November 25, 2023 was estimated at 923.7 million lbs. according to the U.S.Department of Agriculture's Marketing Service. This was 15.6 percent lower than a week ago and 5.1 percent lower than a year ago. Cumulative meat production for the year to date was 2.6 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) 25-Nov-23 447.9 0.7 473.5 1.6 923.7 18-Nov-23 529.2 0.9 562.6 2.3 1095.0 Change: -15.4% -22.2% -15.8% -30.4% -15.6% 26-Nov-22 495.0 0.9 475.2 2.0 973.1 Change: -9.5% -22.2% -0.4% -20.0% -5.1% 2023 YTD 23961.8 42.2 24419.9 102.1 48526.0 2022 YTD 25318.9 47.4 24334.4 104.9 49805.6 Change: -5.4% -11.0% 0.4% -2.7% -2.6% (1)Previous week estimates may be revised. Year ago data are actuals. (2) Excludes lard. (3) Totals may not add due to rounding. 2023 totals are subject to revision ------------------------------------------------------------------------ Livestock Slaughter (head) Week Ending Cattle Calves/Vealer Hogs Sheep/Lambs 25-Nov-23 538,000 4,000 2,221,000 26,000 18-Nov-23 636,000 5,000 2,644,000 39,000 Change: -15.4% -20.0% -16.0% -33.3% 26-Nov-22 589,000 6,000 2,210,000 31,000 Change: -8.7% -33.3% 0.5% -16.1% 2023 YTD 29,189,000 258,000 114,635,000 1,634,000 2022 YTD 30,639,000 324,000 112,962,000 1,576,000 Change: -4.7% -20.5% 1.5% 3.7% ------------------------------------------------------------------------ Average Weights (lbs) Week Ending Live: Cattle Calves/Vealers Hogs Sheep/Lambs 25-Nov-23 Estimate 1382 301 288 119 18-Nov-23 Estimate 1380 301 287 119 26-Nov-22 Actual 1392 252 289 123 Dressed: 25-Nov-23 Estimate 835 178 213 60 18-Nov-23 Estimate 834 178 213 60 26-Nov-22 Actual 842 146 215 62 ------------------------------------------------------------------------ Percentage of Total Cattle Slaughtered by Class Week Ending Steers Heifers Cows Bulls 11-Nov-23 44.9% 31.6% 21.7% 1.8% 12-Nov-22 45.0% 32.0% 21.1% 1.8% Percentage of Total Hogs Slaughtered by Class Week Ending Barrows & Gilts Sows Boars 11-Nov-23 97.3% 2.4% 0.2% 12-Nov-22 97.4% 2.4% 0.2% *2022 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