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
Alan Bjerga with the National Milk Producers Federation joins us to discuss the idea behind the campaign and why accurate labeling on plant-based beverages matters to both consumers and dairy producers.
October 14, 2025 04:47 PM
·
Hughes shares how he’s preparing for the competition, his partnership with Bass Fishing Hall of Famer Mark Davis, and his journey from cattle ranching to professional bass fishing.
October 14, 2025 04:39 PM
·
Lewis Williamson with HTS Commodities joined RFD-TV’s Market Day Report to share insight into what’s happening on the ground and in the markets.
October 14, 2025 04:30 PM
·
Cottage cheese sales are on the rise across the U.S., and industry leaders believe interest on social media is contributing to the surge in consumer demand.
October 14, 2025 04:16 PM
·
“USDA can no longer keep wasting its time and personnel to deploy Commissioner Miller’s infamous traps, which USDA has deployed, tested, and has proven ineffective.”
October 14, 2025 01:19 PM
·
Even in this strong market, some beef producers are leaving money on the table by not following proven marketing practices.
October 14, 2025 12:03 PM
·
