USDA Trims Beef Outlook, Raises Pork Production Forecast

Producers may need to prepare for margin pressure in livestock feeding, while dairy farmers could benefit from stronger product demand.

WASHINGTON (RFD-TV) — The U.S. Department of Agriculture (USDA) September WASDE report adjusted 2025 livestock projections, signaling shifts in beef and pork markets while leaving poultry largely steady.

The USDA’s outlook points to slightly weaker cattle and hog prices as supplies remain ample, but dairy and poultry show firmer pricing. Producers may need to prepare for margin pressure in livestock feeding, while dairy farmers could benefit from stronger product demand.

BEEF AND DAIRY CATTLE

For beef, the USDA lowered production slightly as lighter-fed cattle weights offset larger-than-expected slaughter. Exports were reduced due to weaker Asian demand, while imports were raised with strong inflows from Australia. Cattle prices are projected to be lower, with the 2025 steer price forecast trimmed to $176 per hundredweight (cwt).

In dairy, milk production was left essentially unchanged, but the USDA raised its Class III and Class IV milk price forecasts on more pungent cheese and butter demand. The all-milk price for 2025 is now forecast at $22.00/cwt.

PORK

Pork production was increased due to higher-than-anticipated slaughter numbers. Exports were raised modestly, reflecting stronger demand from Mexico and Asia. The 2025 hog price was adjusted downward to $65.50/cwt, pressured by larger supplies.

POULTRY

For broilers, production forecasts held steady, but the USDA lowered exports on weaker international demand. Prices are expected to remain firm at $1.29 per pound for 2025. Turkey production and trade forecasts were unchanged, with prices stable at $1.24 per pound.

Related Stories
The FAO Food Price Index for October 2023 is out. Where do global food prices stand, and which categories saw the largest gains?
Falling feed costs and strong demand for butter could be good news for dairy farmers looking to get their finances back on track.
Where the Food Comes From producer Donna Sanders takes us along on a behind-the-scenes look at filming the show’s newest episode, “Clemson Blue,” where university cheesemakers reveal how they put the “blue” in their award-winning blue cheese.
It is in there, the mold — those rich blue veins in creamy blue cheese that make you either love it or loathe it — but how does it get there? This bonus scene from “Clemson Dairy,” Season 4, Episode 4 of Where the Food Comes From, explains how and why that happens.
No, it is not some new college course — Clemson has been making blue cheese since 1941, and the product has developed a worldwide following and won some pretty big awards. With good reason — it is fantastic stuff. It is also fascinating to see how it is made. Check out this sneak peek look at the latest episode of Where the Food Comes From, “Clemson Blue.”
The machines do all the work at Hickory Hill Milk in South Carolina, and the pampered cows get on-demand service. The team at Where the Food Comes From shares a special, behind-the-scenes account filming the show’s newest episode, Robot Dairy, premiering this Friday, Oct. 20, 2023, at 9:30 p.m. ET on RFD-TV!

(Tags: USDA, WASDE, Beef, Pork, Dairy, Poultry, Livestock Markets)

LATEST STORIES BY THIS AUTHOR:

John Appel with the Farmers Business Network (FBN) joins us for a closer look at the 2026 Crop Protection Market Outlook Report.
Industry leaders representing more than 40 nations gathered to discuss the future of ethanol and other corn-based products.
Farmers display a unique optimism — planting with the expectation that weather, basis, and prices will improve by harvest — asserting that the profession is an identity, not just a job.
Imported lean beef continues to play a critical role in U.S. hamburger and ground-beef production, with any added volume from Argentina serving as a supplement — not a market overhaul.
A fast-moving series of trade signals from the White House and key partners is resetting the near-term outlook for U.S. agriculture.
Team Knighten Industries – Alton Jones Jr. and Jake Lawrence – dominated from start to finish to win Knockout Match 2 and advance to the Championship Round at the Folds of Honor Patriot Cup Presented by B&W Trailer Hitches.
Agriculture Shows
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.
From soil to harvest. Top Crop is an all-new series about four of the best farmers in the world—Dan Luepkes, of Oregan, Illinois; Cory Atley, of Cedarville, Ohio; Shelby Fite, of Jackson Center, Ohio; Russell Hedrick, of Hickory, North Carolina—reveals what it takes for them to make a profitable crop. It all starts with good soil, patience, and a strong planter setup.
Champions of Rural America is a half-hour dive into the legislative priorities for Rural America. Join us as we interview members of the Congressional Western Caucus to learn about efforts in Washington to preserve agriculture and tackles the most important topics in the ag industry on Champions of Rural America!
Featuring members of Congress, federal and state officials, ag and food leaders, farmers, and roundtable panelists for debates and discussions.