Increasing meat production likely to push cattle prices lower
Story Date: 5/2/2018

 

Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 4/30/18


Meat production in the U.S. during the January-March quarter was up over 2% compared to a year earlier. The increase in meat production took place virtually across the board as all major meat production sectors, except turkey, posted year-over-year production increases. The largest increases, in percentage terms, were in pork production (+3.7%) and beef production (+2.6%), followed by chicken production (+1.4%).

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