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