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Commodities - NOVEMBER 9, 2021

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Meat and poultry production forecast to continue to rise

by Andrea Zander

The forecast for 2021 total red meat and poultry production has been raised from the previous month, according to a report from the U.S. Department of Agriculture (USDA).

The beef production forecast is raised from the previous month on higher expected slaughter of fed cattle and heavier carcass weights. The pork production forecast is raised slightly as heavier carcass weights more than offset lower expected slaughter in the fourth quarter. The broiler production forecast is raised on recent hatchery and slaughter data. Turkey production is raised on September production data; no change is made to the fourth quarter production forecast. The egg production forecast is raised on recent production data and higher expected table egg production in the fourth quarter.

For 2022, the total red meat and poultry forecast is raised slightly from the previous month. Beef and turkey production forecasts are raised, while the pork and broiler production forecasts are unchanged from

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