Domestic Crop and Livestock Production
Tight cattle supplies should keep beef prices supported, while dairy, pork, and poultry are poised for greater production growth.
Washington growers say this year’s cherry crop may be smaller than last season but still strong enough to support promotions.
Total red meat supplies were up 4 percent from March but down 4 percent from April 2025.
Year-to-date red meat production is down 2 percent, with beef lower and pork higher.
Butter has softened as milkfat supplies remain ample.
Drought and Planting Shape Weekly Crop Condition Recap
Jake Charleston with Specialty Risk Insurance says recent futures market moves are leaving cattle producers unsure about price trends.
Drought remains a major risk, with the ERS reporting that 98 percent of the U.S. cotton production area was affected by drought in early May.
Canadian industry leaders argue the tax policies cited by U.S. officials are similar to exemptions already used by American growers.
Despite tighter supplies, U.S. wheat exports continue trending higher as international buyers seek consistent quality and reliable service.