Production for most animal proteins is expected to increase in 2020, compared to production levels of 2019. Among the factors driving higher production are producer responses to forecasts of continued-positive U.S. economic conditions, including improved producer returns, according to USDA’s May Livestock, Dairy, and Poultry Outlook report.
Broiler production is expected to increase by 1.3 percent next year and other chicken by 1.4 percent. Turkey production is expected to increase year over year—by 1.0 percent—for the first time in 3 years. Anticipated 2020 growth in the U.S egg industry is about 0.8 percent, and milk production growth is forecast at 1.6 percent. A decline—0.5 percent—is projected for lamb and mutton production next year.
Beef production is expected to increase next year by almost 1 percent. The anticipated U.S. pork production increase of about 3.5 percent in 2020 is a response to higher international pork prices due to pork deficits in China, resulting from African Swine Fever.
Second-quarter broiler production was revised down, based on dampened weights, while prices were revised down on expectations for soft demand. Second-quarter exports were revised down on uncertainty in key foreign markets, while second-half volumes were revised up based on expectations for increased global demand. Egg production was raised on increasing layer flock, while prices were decreased on expectations for continued oversupply. Exports were decreased based on expectations for ongoing low global demand.