The forecast for 2020 total poultry and red meat production is raised from last month. The broiler and turkey production forecasts are raised on production data to date. The egg production forecast is raised slightly from last month, according to USDA latest World Agricultural Supply & Demand Estimates WASDE report.
For 2021, the total poultry and red meat forecast is raised from the previous month on higher expected beef, pork, and broiler production. Beef production is raised from last month on higher expected steer and heifer slaughter. Pork production is raised on higher forecast commercial hog slaughter. The 2021 broiler production forecast is also raised from last month on slightly more rapid production growth, but the turkey production forecast is unchanged.
Egg supply and use tables are revised to reflect changes in egg stock numbers. Information on the changes and historical supply and use data can be found here.
The 2020 and 2021 broiler export forecasts are raised from last month. Egg exports for 2020 are raised slightly, but no change is made to the 2021 export forecast.
