SJ_LS712 St Joseph, MO Fri Mar 22, 2024 USDA Market News Estimated Weekly Meat Production Under Federal Inspection Total red meat production under Federal inspection for the week ending Saturday, March 23, 2024 was estimated at 1049.8 million lbs. according to the U.S.Department of Agriculture's Marketing Service. This was 1.3 percent higher than a week ago and 0.4 percent lower than a year ago. Cumulative meat production for the year to date was 1.7 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) 23-Mar-24 500.4 1.0 545.8 2.6 1049.8 16-Mar-24 501.4 0.9 531.9 2.6 1036.8 Change: -0.2% 11.1% 2.6% 0.0% 1.3% 25-Mar-23 513.4 0.9 536.5 2.8 1053.6 Change: -2.5% 11.1% 1.7% -7.1% -0.4% 2024 YTD 5960.4 10.0 6556.4 27.9 12554.7 2023 YTD 6211.1 11.2 6524.5 27.4 12774.2 Change: -4.0% -10.7% 0.5% 1.8% -1.7% (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 23-Mar-24 598,000 5,000 2,532,000 40,000 16-Mar-24 601,000 5,000 2,466,000 40,000 Change: -0.5% 0.0% 2.7% 0.0% 25-Mar-23 628,000 5,000 2,473,000 44,000 Change: -4.8% 0.0% 2.4% -9.1% 2024 YTD 7,133,000 56,000 30,287,000 434,000 2023 YTD 7,543,000 75,000 30,037,000 420,000 Change: -5.4% -25.3% 0.8% 3.3% ------------------------------------------------------------------------ Average Weights (lbs) Week Ending Live: Cattle Calves/Vealers Hogs Sheep/Lambs 23-Mar-24 Estimate 1389 326 290 129 16-Mar-24 Estimate 1389 317 290 128 25-Mar-23 Actual 1366 281 291 125 Dressed: 23-Mar-24 Estimate 839 192 216 65 16-Mar-24 Estimate 836 187 216 65 25-Mar-23 Actual 820 164 217 63 ------------------------------------------------------------------------ Percentage of Total Cattle Slaughtered by Class Week Ending Steers Heifers Cows Bulls 09-Mar-24 45.3% 33.8% 19.5% 1.5% 11-Mar-23 45.7% 32.3% 20.5% 1.5% Percentage of Total Hogs Slaughtered by Class Week Ending Barrows & Gilts Sows Boars 09-Mar-24 97.2% 2.6% 0.2% 11-Mar-23 97.4% 2.4% 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