octoberreport

Home » octoberreport

File Photo

Although higher expected placements of cattle in second half 2021 are expected to support higher early-year supplies of fed cattle, placements in the first half of 2022 are lowered and fed cattle supplies in the second half or 2022 are expected to be tighter.

USDA lowers total meat production estimates, increases new crop corn, soybean ending stocks

American Farm Bureau Federation / Market Intel / News Staff
October 13, 2021
Agriculture

USDA – The forecast reported in the October World Agricultural Supply and Demand Estimates (WASDE) for 2021 total red meat and poultry production is lowered from last month as lower pork, broiler, and turkey forecasts more than offset a higher beef forecast. Beef production is raised from the previous month as lower expected steer and […]