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.
While the agriculture industry hoped details on proposed “bridge” payments for farmers would be released this week, Ag Secretary Brook Rollins said the USDA is still working with the White House on the finer points.
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(Tags: USDA, WASDE, Beef, Pork, Dairy, Poultry, Livestock Markets)
