USDA Livestock Outlook: Higher protein production forecast pressures prices for livestock producers
Story Date: 2/26/2018

 

Source: Chris Clayton, PROGRESSIVE FARMER, 2/23/18

Demand for meat is going to remain firm throughout the rest of 2018, and U.S. livestock producers will continue to see favorable feed prices. But livestock producers are going to be pressured on market prices for beef, hogs and poultry products because of increased production in most livestock sectors. That's the projection from USDA's outlook for livestock and poultry released early Friday.

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