USDA WASDE Meats 4.12.16

Beef Production:

Beef production was estimated at 24,825 (Million Pounds) which was an increase of 1,135 or 4.8% from 2015. The USDA increased their estimate by 285 (Million Pounds) from their March Projection.

Beef Quarterly Prices:

USDA decreased their 2015 Estimate for Beef prices by -$6.44 to $148.12 ($/cwt) vs $154.56 ($/cwt) in 2014.

Pork Production:

Pork Production was estimated at 24,970 (Million Pounds) which was an increase of 471 (Million Pounds) or 1.9% from 2015. The USDA decreased their production by 55 (Million Pounds) from their March Projection.

Pork Quarterly Prices:

USDA decreased their 2015 estimates for pork products by -$25.8 ($/cwt) to $50.23 ($/cwt) from $76.03 ($/cwt) in 2014.

This website may include information produced by Third Parties. Material not labelled Postrock Brokerage should be considered to be Third-Party, and is provided for information purposes only. Third-Party material is from sources believed to be reliable, but is not guaranteed by Postrock Brokerage.