The USDA has lowered its 2026 red meat production forecasts while leaving poultry almost unchanged. Beef is now projected at 24.877 billion pounds, 90 million pounds below August on slower Q3 fed cattle slaughter and lighter dressed weights, along with an anticipated counterseasonal cutback in Q4 cow slaughter. Pork is pegged at 27.771 billion pounds, down 105 million pounds on lighter dressed weights and slower processing, along with dips in exports and consumption. Finally, broilers are seen at 49.62 billion pounds, effectively steady, down just 3 million pounds.
For 2027, the red meat and poultry production forecast is reduced as lower beef and pork production more than offsets higher broiler production. Beef production is lowered on li...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s grain imports have fallen off in recent weeks due to several reasons, according to local experts — large imports of maize earlier in the year built up good stocks, while the availability of local maize has sinc...
Beef packer margins deteriorated to $156.75/head last week, down $46.05 from the prior week as fed cattle prices strengthened while gains in the Choice cutout were comparatively modest. The Choice cutout increased...
