Mark Jekanowski

It's becoming an unpleasant theme for the year, U.S. dairy operators could see a further squeeze on their margins as 2023 continues.  USDA Outlook Board Chairman Mark Jekanowski says once again, they’ve increased production projections while trimming milk prices.   So, wh...

When it comes to the meat production and price forecast for the month of February, USDA World Ag Outlook Board Chair Mark Jekanowski says things are pretty straight forward.  He noted things are looking up when it comes to beef production and price.   “...

“Given weaker returns going forward along with a few other factors we reduced our milk production forecast by 900,000 pounds this month."   But, despite that, dairy production year-over-year is still forecasted up according, to USDA world agricultural outlook board chair Mark Jekanowski.  He noted...

The USDA is out with it’s latest world wheat outlook, and Russia and Australia made most of the noise.   “Australia's production we raised that 1.4 million tons to 38 million tons the current forecast would be the third consecutive record large crop in Australia.  With Russia th...

For milk and most dairy products, “prices have started to decline, quicker than we had expected,” noted USDA outlook board chairman Mark Jekanowski.  He added it's a combination of continued increases in milk and dairy production plus weak demand and pretty strong international competition.   So far all of 2023 com...

Even though U.S. production of pork, broilers and turkeys is expected to increase this year, the USDA is still reporting a decline in total meat production; and that is driven by a fairly sharp decline in beef production.  USDA Outlook Board chairman Mark Jekanowski said this could be the second year in a row of declining total U.S. meat p...

Much of the movement in USDA's December dairy outlook was a shoring up of import and export forecast for this calendar year as well as next.  World agricultural outlook board chair Mark Jekanowski said when it comes to 2022 fat solid imports.   “...

The USDA’s December forecast had some minor adjustments, when it comes to meat production.  World agricultural outlook board chair Mark Jekanowski said most of those changes were minor and impacted calendar year 2022.  Likewise, he noted, there were minor changes made to the meat price forecast.   "Didn't make any...

U.S. beef production, both this year and next, are expected to increase.   “Our beef production forecast we raised by 130 million pounds to just over 28 billion pounds for 2022, reflecting a bit of an uptick in slaughter pace and higher carcass weights," said World Agricultural Outlook Board Chair Mark Jekanowski.  "And for 2023...

Production forecasts for U.S. dairy for this calendar year, and next, both rose in the USDA’s latest outlook.   “Both years, we raised by 400 million pounds, so we’re looking at 227 billion pounds milk production for the current calendar year, and 229.2 billion pounds for n...