World Perspectives
livestock

WASDE Livestock Projections

Today’s WASDE made marginal changes to the projections for red meat and broiler production for the second half of the year.   

The beef forecast is up from last month on expected slaughter totals, which is offsetting the smaller gap in weights compared to last year. In July, slaughter weights were 39 pounds heavier than in 2023; so far this month they are about 29 pounds heavier. With the corn outlook in today’s WASDE, slaughter weights could increase again impacting overall beef production. While beef production so far this year is down only 1.4 percent to date on the year (forecast down 0.9 percent year-over-year) with slaughter down 4.3 percent year to date, as herd rebuilding starts, fewer heifers will be avail...

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