US should produce more beef and less pork

Published 2023년 2월 15일

Tridge summary

The USDA forecasts beef production in the US to increase to 26.5 billion pounds this year, up from the previous forecast of 26 billion pounds, due to faster cattle slaughter rates and a temporal shift in fed cattle sales. However, milk production is expected to be lower than previously forecasted at 228.3 billion pounds, down by 900 million pounds, due to lower dairy cow stocks and high feed costs. Pork production in January was better than expected, but the industry has reduced prepared weights, resulting in a reduced production forecast for the first quarter of the year.

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Original content

Beef production in the United States this year is forecast at 26.5 billion pounds, up from the previous forecast of 26 billion pounds, the US Department of Agriculture (USDA) said in a monthly report. Cattle slaughter rates through early February were faster than expected, offsetting a decline in gains for confined cattle and cows and bulls due to winter weather in parts of the country, the agency said in its monthly outlook report. livestock, dairy and poultry. “A temporal shift in first-quarter fed cattle sales and the prospect of higher cow slaughter more than offset a decline in expected slaughter weights,” the Department of Agriculture said. “Further cattle prices in 2023 are high on firm demand and lighter carcass weights.” Milk production this year is likely to be lower than previously expected amid lower dairy cow stocks, the agency said. Production is projected at 228.3 billion pounds, down 900 million pounds from last month's forecast, led by lower heifer replacement, ...

Source: Agrolink