WASHINGTON, D.C. (RFD-TV) — The latest World Agricultural Supply and Demand Estimate (WASDE) for December from the U.S. Department of Agriculture (USDA) projects higher 2025 beef production and lower cattle prices as slaughter runs above expectations and carcass weights trend heavier.
Beef imports for 2025 are expected to be lower based on trade data to date, but are projected to increase in 2026 as tariff changes improve access for key suppliers. Beef exports are trimmed for both years, reflecting softer demand in major markets.
Hog sector projections shift modestly lower for 2025, with reduced slaughter pulling production down and pressuring late-year prices. Pork exports are expected to be lower this year but to rebound in 2026 as global demand improves.
Dairy outlooks are mixed. Milk production is unchanged in 2025 but lower in 2026, as smaller cow inventories offset productivity gains. Butter remains competitive in global markets, supporting export gains, while cheese prices weaken amid soft domestic demand. The all-milk price is cut to $21.00 per cwt for 2025 and $18.75 for 2026.
In the poultry sector, broiler production rose on earlier-year gains, but turkey output drops due to HPAI culling, and egg forecasts remain steady.
Farm-Level Takeaway: Rising beef supplies and lower cattle prices, weaker hog markets, and softening dairy prices will shape producer margins heading into 2026.
Tony St. James, RFD-TV Markets Specialist
“I think there’s a number of attributes of the Southern Plains that have been very attractive. One is land availability, the ability to grow feed on that land”
September 05, 2024 12:31 PM
FarmHer Cynthia Capers breeds heritage birds near Nashville, TN. See why she’s the only person who may help Kirbe conquer her bird fear.
September 04, 2024 12:09 PM
·
FarmHER Moriah Hunter joined us Tuesday on Market Day Report to share what it was like having the FarmHER crew visit her hay and beef operation, Hunter Creek Farms, in La Grange, Ky.
September 03, 2024 11:03 AM
·
Agricultural law and taxation expert Roger McEowen discusses issues facing farmers and ranchers, like self-defense, Good Samaritan laws, preparing for the exit, and cleaning out fencerows.
August 27, 2024 09:07 AM
·
August 23, 2024 12:17 PM
·
Taste the heat and heart of country music in every mouthful!
August 16, 2024 12:24 PM
·
In today’s Firm to Farm blog post, RFD-TV ag law expert Roger McEowen briefly examines several of the issues that farmers and ranchers face.
August 08, 2024 12:24 PM
·
