When it comes to U.S. beef production, 2025’s number was lowered a little bit, 170 million pounds, based on relatively slower pace of slaughter, especially steers and heifers recently.
Thanks to the USDA June Milk Outlook, the milk production forecast for 2025 and 2026 were increased.
“For 2025, this is mainly just kicking off the latest milk production report, and that's driven by higher cow inventories and then into 2026, we're expecting to see some increase in milk per cow as well. Supportin...
The June USDA Beef Production and Steer Price forecast had a familiar ring to it; extremely tight beef supplies, and prices that continue to set new records. World Agricultural Outlook Board chair Mark Jekanowski said production changes are expected.
“For ...
The USDA made only minor changes to both the domestic and world wheat ballot sheets for June. World Agricultural Outlook Board chair Mark Jekanowski said they got some new information regarding the American winter wheat crop.
“The changes were small, fairly negligible, so it doesn't really move the needle in terms of our overall U.S. wheat production ...
When looking at the May 2025 Dairy Production and Price Forecast, as well as the initial outlook for the 2026 calendar year, higher production is the name of the game.
“Mainly driven by increased cow inventories, but also some growth in milk per cow as well,” said World Agricultural Outlook Board Chair Mark Jekanowski.
He added next yea...
The USDA is expecting another global record wheat crop in the upcoming marketing year. USDA World Agricultural Outlook Board Chair Mark Jekanowski said the current forecast for the new crop year is 808.5 million tons. So, why the increase?
“A big rebound in pr...
USDA’s May World Agricultural Supply and Demand Estimates, better known as the WASDE, typically draws a lot of interest, since it’s the first look at crop commodity production, use, trade and price trends for the new marketing year. World Agr...