World Ag Outlook Board

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...

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.   “...

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...

The world needs wheat, especially in with Russia's invasion of Ukraine ongoing.  But, it looks like global production is going in the wrong direction, and will fall below expectations in the year ahead. Outlook Board Chairman Mark Jekanowski said global production will come in at a bit more than 771.5 mi...

So far during this current outbreak of avian influenza, the nation's broiler flocks had been affected far less than during the last big outbreak in 2015. "But that story's a little bit different if you focus on turkeys," noted USDA  Outlook Board Chairman Mark Jekanowski. Wh ...

"When it comes to the global supplying demand balance sheet, things there are a little bit more interesting," USDA World Agricultural Outlook Board Chair Mark Jekanowski recently said, acknowledging the impacts of the Ukrainian conflict on wheat trade ...

NASS will hold its biannual Data Users’ Meeting later this month. USDA is hosting the meeting to share recent and pending statistical program changes with the public, and to solicit input on programs important to agriculture. The event is organized by NASS in cooperation with the World Agricultural Outlook Board, FSA, ERS, Agricultural Marketing Service, Foreign Agricultural Service and the U.S.

For the meat trade picture, USDA's March WASDE report raised it's beef export forecast by 30 million pounds to 3.3 billion pounds. "That really just reflects observed data," said World Ag Outlook Board Chairman Mark Jekanowski. "So, updating the data based on the latest numbers from January and we saw a little bit of a bump in exports to China ...