Monthly Reports

Beef production and average live weight above last year’s totals

Beef production, at 2.13 billion pounds, was 2 percent above the previous year. FULL STORY »

Total red meat supplies in freezers up 21 percent from last year

Total red meat supplies in freezers were up 1 percent from the previous month and up 21 percent from last year. FULL STORY »

2012 cattle prices expected to increase above 2011 levels

Total U.S. meat production in 2012 is projected to be about unchanged from 2011 as lower beef production largely offsets higher pork and poultry production. FULL STORY »

Beef production is forecast higher

The forecast for 2011 red meat and poultry production is virtually unchanged from last month as small increases in beef and pork production are largely offset by a slightly reduced forecast of broiler and turkey production. Beef production is forecast higher as higher cow and bull slaughter more than offsets slightly lower steer and heifer slaughter. FULL STORY »

Fed cattle prices at record levels, beef exports higher

U.S. beef exports are continuing at a fast pace. January beef exports totaled 190.6 million pounds, up 37 million pounds (24%) compared to January 2010. FULL STORY »

Cattle Outlook: Retail beef prices reach new monthly high

The government now says the economy grew at a 2.8% rate during the fourth quarter of 2010 rather than the 3.2% pace they had reported earlier. Slow growth is not good for meat demand. The unemployment rate is at 9% and gasoline prices are above $3/gallon. If cattle prices are going to get as high as the futures market is predicting, consumer demand must be stronger than last year. Maybe it will be. FULL STORY »

Cold Storage: Red meat in freezers up 8 percent

Total red meat supplies in freezers were up 8 percent from both the previous month and last year. Frozen pork supplies were up 14 percent from the previous month and up 10 percent from last year. FULL STORY »

The United States a net exporter of beef in 2010

U.S. beef exports for 2010 totaled 2.3 billion pounds, a 19-percent year-over-year increase, and, for the first time, by a narrow margin the United States was a net exporter of beef. FULL STORY »

Beef export forecast is raised, higher cattle prices on tight supplies

The estimates of 2010 red meat and poultry production are adjusted from last month to reflect December production estimates. The production forecasts for 2011 are raised for beef, broilers, and turkey, but lowered for pork. Cattle placements during December were large and will result in higher-than-previously forecast slaughter in id-2011. FULL STORY »

Cold Storage: Total Red Meat Supplies Increase

Frozen food stocks in refrigerated warehouses on December 31, 2010 were greater than year earlier levels for chicken, eggs, cheese, beef and pork.

Butter stocks were up 17 percent from last month but down 38 percent from a year ago.

Milk Production Estimates Are Unchanged, Low Butter Stocks

The milk production estimate for 2010 and forecast for 2011 are unchanged from last month. Ending stocks for 2010 are reduced due to expected low stocks of butter and nonfat dry milk (NDM) at the end of the year.

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