Mark Jekanowski

Lower production, higher prices, that’s the summary of USDA's August Dairy Forecast.   “We reduced our production forecast for both 2024 and 2025. We still expect year-over-year growth," said World Agricultural Outlook Board chairman Mark Jekanowski.  "So, 2025 productio...

Minor month-over-month adjustments were recorded in USDA's August look at meat production at prices for 2024.   “The overall story hasn't changed much from last month, and several of the previous months going back a while,” noted World Agricultural Outlook Board chair Mark Jakanowski.  He said that was re...

Despite lower U.S. wheat production forecasted this month, the world is still expected to grow a record wheat crop this new marketing year.   “We raised our production forecast by 2.1 million tons this month.  So now we're looking at 798.3 million tons ...

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.   “...