SJ_LS712 St Joseph, MO Fri Aug 23, 2024 USDA Market News Estimated Weekly Meat Production Under Federal Inspection Total red meat production under Federal inspection for the week ending Saturday, August 24, 2024 was estimated at 1043.2 million lbs. according to the U.S.Department of Agriculture's Marketing Service. This was 0.4 percent higher than a week ago and 1.3 percent higher than a year ago. Cumulative meat production for the year to date was 0.1 percent higher compared to the previous year. Meat Production (millions of pounds) (excludes condemned) Week Ending Beef Calf/Veal Pork (2) Lamb/Mutton Totals (3) 24-Aug-24 513.9 0.9 526.3 2.1 1043.2 17-Aug-24 506.9 0.9 529.1 2.1 1039.0 Change: 1.4% 0.0% -0.5% 0.0% 0.4% 26-Aug-23 515.2 0.9 512.1 1.9 1030.1 Change: -0.3% 0.0% 2.8% 10.5% 1.3% 2024 YTD 17092.5 26.0 17763.5 76.7 34958.7 2023 YTD 17318.7 30.8 17496.6 74.5 34920.6 Change: -1.3% -15.6% 1.5% 3.0% 0.1% (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 24-Aug-24 608,000 5,000 2,503,000 34,000 17-Aug-24 602,000 5,000 2,512,000 34,000 Change: 1.0% 0.0% -0.4% 0.0% 26-Aug-23 626,000 6,000 2,494,000 33,000 Change: -2.9% -16.7% 0.4% 3.0% 2024 YTD 20,287,000 140,000 82,803,000 1,230,000 2023 YTD 21,180,000 193,000 81,789,000 1,173,000 Change: -4.2% -27.4% 1.2% 4.9% ------------------------------------------------------------------------ Average Weights (lbs) Week Ending Live: Cattle Calves/Vealers Hogs Sheep/Lambs 24-Aug-24 Estimate 1385 318 282 121 17-Aug-24 Estimate 1383 320 283 121 26-Aug-23 Actual 1355 263 276 117 Dressed: 24-Aug-24 Estimate 847 190 210 62 17-Aug-24 Estimate 844 191 211 62 26-Aug-23 Actual 824 155 205 60 ------------------------------------------------------------------------ Percentage of Total Cattle Slaughtered by Class Week Ending Steers Heifers Cows Bulls 10-Aug-24 50.3% 31.4% 16.6% 1.6% 12-Aug-23 47.9% 30.3% 19.9% 1.8% Percentage of Total Hogs Slaughtered by Class Week Ending Barrows & Gilts Sows Boars 10-Aug-24 97.3% 2.4% 0.2% 12-Aug-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