In preparation for its Outlook Conference next week, USDA released its 2016-25 baseline outlook today, which indicates growth in a number of areas. USDA Releases Long-Term Outlook In preparation for its Outlook Conference next week, USDA released its 2016-25 baseline outlook today. A top line look shows:
Beef cow numbers rise from 29.7 million head at the start of 2015 to more than 33 million toward the end of the projection period. The total cattle inventory rises from 89.8 million head to more than 97 million. Hog numbers rise from 67.77 million head at the beginning of 2015 to 72.23 million by 2025. Young chicken flocks grow from 40.2 billion in 2015 to 45.26 billion by 2025. As production increases, consumption of red meat and p...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
