investments

Meat Production Forecast Lowered

Dan Beef, Dairy, Livestock, Pork, Poultry

The U.S. Department of Agriculture’s (USDA) latest World Agriculture Supply and Demand Estimates report was released last Friday, and in the Livestock, Poultry, and Dairy section, the forecast for total meat production for 2017 was lowered from last month but is raised for 2018. Beef production for 2017 was lowered primarily on lighter carcass weights which more than offsets higher …