Poultry
Tight cattle supplies should keep beef prices supported, while dairy, pork, and poultry are poised for greater production growth.
The Meat Institute says meat sales reached a record $112 billion last year as protein demand remained strong nationwide.
American Farm Bureau economist Bernt Nelson says consumers are still buying meat despite ongoing price pressures.
Analysts say drought, tight cattle supplies and summer grilling demand continue shaping the protein market outlook.
RealAg Radio Host Shaun Haney joins us to discuss the latest U.S.-China ag trade agreements, market reaction, and what producers should watch moving forward.
The latest Meat Demand Monitor shows strong retail demand for beef products like ribeye steaks and ground beef.
Egg production accounted for much of the increase.
Tyson is still reshaping its beef footprint.
DOJ and USDA investigate beef industry concentration, with Big Four packers under scrutiny and a major settlement announcement expected later this week.