The USDA has raised its outlook for 2019 total meat
production as increases in broiler and turkey production more than offset
declines in beef and pork.
Forecasts are also raised for 2020 because of
increased beef and poultry production.
Beef is now pegged at just over 27 billion pounds, with the department expecting lighter carcass weights and a slight decline in third-quarter cattle slaughter. Exports for 2019 and 2020 were unchanged, and fed cattle prices were raised.
Continue reading More meat production expected at Brownfield Ag News.
Copyright © 2024 Indiana Farm Bureau®, Inc. is a member of the American Farm Bureau Federation®, a national organization of farmers and ranchers including Farm Bureau® organizations in 49 other states and Puerto Rico, and is responsible for Farm Bureau membership and programs within the State of Indiana.