The 2020 forecast for total poultry and red meat production is lowered from last month as lower pork and broiler production more than offsets higher beef and turkey production, according to USDA’s World Agricultural Supply and Demand Estimates report.
Broiler production is reduced on recent hatchery data while turkey production is raised slightly. The 2020 egg production forecast is raised on increased lay rates. For 2021, the total red meat and poultry forecast is reduced from the previous month on lower expected beef, pork, and broiler production.
The 2020 and 2021 broiler, turkey, and egg export forecasts are unchanged from last month.
