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.
Jack Hubbard, with the Center for the Environment and Welfare, shares context and perspective on the controversial letter about Prop 12 circulating in Washington and how a review shows it misled the public.
January 22, 2026 06:25 PM
·
From tariff talks in Europe to SCOTUS uncertainty and rising farm losses, analysts say policy and global supply will shape grain markets in the year ahead.
January 22, 2026 12:40 PM
·
Large Brazilian crops heighten downside price risk if the weather allows production to reach projected levels.
January 22, 2026 12:38 PM
·
Dairy farmer and Discover Ag co-host Tara Vander Dussen joined us to discuss the Whole Milk for Healthy Kids Act, her experience at the signing, and what’s next for her family and farm.
January 21, 2026 12:42 PM
·
Analysts say a Supreme Court decision on tariffs could reshape protein markets, strain U.S.-China trade, and force farmers to rethink global demand strategies.
January 21, 2026 12:03 PM
·
President Donald Trump speaks at the World Economic Forum in Davos, addressing SNAP spending, tariff threats against Europe, market reactions, and the upcoming USMCA review.
January 21, 2026 11:50 AM
·
Corn and wheat exports remain a demand bright spot, while soybeans are transitioning into a more typical late-winter shipping slowdown.
January 21, 2026 10:36 AM
·
Alan Bjerga with the National Milk Producers Federation joined us to review new policies and regulations supporting the dairy industry and what they mean for the year ahead.
January 20, 2026 03:25 PM
·
Despite rising costs and growing food insecurity, meat demand remained strong in 2025 as higher-income consumers offset cutbacks elsewhere. Economists break down the K-shaped economy, upcoming USDA cattle reports, livestock production outlooks, and renewed debate over beef imports and country-of-origin labeling heading into 2026.
January 20, 2026 02:47 PM
·
(Tags: USDA, WASDE, Beef, Pork, Dairy, Poultry, Livestock Markets)