USDA March supply and demand report of livestock and poultry meat

Introduction: this month, the total meat production of 2002 will be increased by 220 million pounds compared with that of last month, mainly due to the increase of beef and broiler production Beef production has increased because the meat weight of cattle slaughtered in the first quarter is higher than expected, reaching a historical record, and more cattle will be on the market in the second half of the year In the first half of the year, broiler production is expected to increase by 1%, because the weekly listing rate of chickens is still high There was a slight increase in pork production due to increased slaughter in the first quarter and higher meat weight Us meat exports are expected to be flat in 2002 Due to uncertainties, Russia's announcement of a ban on U.S poultry did not take these projections into account If more information is available, further projections may be made The U.S average meat consumption data has been adjusted based on the new population data provided by the Department of Commerce's economic analysis, which includes the data of the U.S Bureau of statistics in 2002 Historical data dating back to 1990 will be available from the Bureau of economic research, USDA, in mid March In the first quarter of 2002, live cattle prices were higher than last month's forecast, mainly due to the stronger prices so far this year In the first half of 2002, the price of pigs was reduced because of increased competition from beef and broilers (author:) share to feed Weibo share to: