National Ag News
USDA raises beef production guess, lowers pork, turkey
Mar 9, 2017, 15:12 PM
by
System
The USDA has raised its 2017 beef production outlook, while lowering expectations for pork.
Beef production this year is projected at 26.250 billion pounds, up 250 million on the month, expecting the slaughter pace to stay high levels. The annual price estimate for steers was increased to $114 to $121 per hundredweight thanks to anticipated continued strong demand.
Pork was lowered slightly to 26.105 billion pounds with lower carcass weights cancelling out the high kill rate.
Continue reading USDA raises beef production guess, lowers pork, turkey at Brownfield Ag News.
