Mark Jekanowski

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...

Consumers will likely have few meat selections at their local grocery in 2023, and U.S. production is forecast lower next year.   “The main reduction year-over-year in terms of meat supplies is coming from is coming from beef," according to USDA Outlook chairman Mark Jekanowski.  He added it’s...

Milk production forecasts are up for 2022 and 2023.   “That’s reflecting higher cow numbers," said World Agricultural Outlook Board Chair Mark Jekanowski.  "We expect milk production to be higher than we were forecasting in July and will continue to increase year-over-year.  Now we’re forecasting ab...

The adjustment to domestic wheat production was relatively minor in August, but was up, in the latest USDA supply and demand forecast.  What does that mean for the remainder of the balance sheet?   “We’re expecting to see some more export business," noted World Agricultural Outlook Board Chair Mark Jekanowski.  "We raised our expo...

U.S. milk production my increase slightly, year-over-year, despite production numbers well off of just a month ago.  USDA is reporting that milk production during the April, May and June quarter was 57.9 billion pounds; 0.5% lower than the same quarter a year ago.  Pa...

It appears U.S. beef cattle producers are still in the midst of a herd and production contraction, while steer prices continue to increase faster and farther than had been expected.  In response, the USDA Outlook Board. "We raised the price this month by a $1.23 c...

This year's U.S. milk output is likely to end up being ever so slightly down from last year at 226 billion pounds.  USDA's USDA Outlook Board Chairman Mark Jekanowski said output's running below previous expectations due to, "slower growth in milk per cow."  B...

When it comes the Thanksgiving turkey this November, what's happening now will affect the supply and price.  And what are turkey producers seeing right now? "Strong demand...strong prices; and constraints on production," said USDA Outlook Board Chairman Mark Jekanowski.  He...