World Ag Outlook Board

According to the latest outlook, the USDA is expecting lower prices across the meat sector. World Ag Outlook Chair Mark Jekanowski said that expectation comes from production changes. "Our beef production forecast we've pulled back a bit, mainly based on lower steer and heifer slaughter, and given the very low prices for cattle recently that also suggests producers might be holding some catt

World Ag Board Outlook Chair Mark Jakanowski said there is not a lot to report on the wheat crop. "We've made some fairly minor adjustments to the U-S balance sheet, pulled back our feed and residual estimate a little bit , that reflects new information that came out of the March stocks report and also from the fact there are an abundant corn supplies that will likely reduce the need for whe

USDA's March meat and dairy outlook shares similar trend-lines with expected production increases, and conversely, lower prices. "We're increasing our production estimate without any big changes in demand is weighing on prices," said World Agricultural Outlook Board Acting Chair Mark Jakanowski ...

Acting World Ag Outlook Board Chair Mark Jekanowski anticipates lower milk production in 2020.   "We reduced our milk production forecast by 400 million pounds and that's all reflecting lower milk-per-cow production growth,” he noted.  “We kept...

The USDA's cattle forecast moved higher in most meat categories this year.   “For meat production for 2019 basically all we're going is true-ing up our estimates based on more recent data,” said acting World Agricultural Outlook Board Chair, Mark Jekanowski.   He adde...

The USDA is out with its first meat export forecast of 2020.  World Ag Outlook Board Chair Seth Meyer said they expect beef exports to be up year over year.   “There’s a little bit of weakness now, but seeing some strength that comes back in the latter half of 2019 and into 2020.”   Meyer said ...