US meat production

Total US meat production is expected to increase in 2026, per USDA's first outlook for the year. With the exception of beef. With Agriculture Department livestock analyst Anthony Fisher at this year's AG Outlook forum, noting continuing contraction of the nation's beef herd even with cattle reaching higher weights. Speaker2: Exports will be up for pork and broilers down for beef. For beef, exports are expected to decrease on tight domestic supplies, as well as reduce competitiveness in global markets due to higher prices that will temper some demand. Speaker1: Consumer demand of all meats is expected to increase year over year. And as for prices for meat, animals. Speaker2: Fed and feeder steers are both expected to be up as firm beef demand is expected to translate into stronger demand for feedlot placement. Hogs and broilers are also up slightly. Turkey production normalizes and demand strengthens, expecting to boost prices for turkeys and wholesale eggs down. It's the only protein price decreasing, but prices have fallen since HpaI induced spikes we saw last year.