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United States Ag Production Report: Red Meat & Poultry Up 1.5 BILLION Lbs. From Last Month
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Barrow and gilt prices in 2020 are projected at $38.90, down $3.50 from last month (VIEW REPORT)
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Steer prices in 2020 are projected at $106.80, down $1.80 from last month (VIEW REPORT)
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Milk prices in 2020 are projected at $18.25, up $1.60 from last month (VIEW REPORT)
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Total red meat and poultry production in 2020 is projected at 106.544 billion pounds, up 1.539 billion pounds from last month (VIEW REPORT)
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Red meat production in 2020 is projected at 55.682 billion pounds, up 1.029 billion pounds from last month (VIEW REPORT)
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Pork production in 2020 is projected at 28.536 billion pounds, up 770 million pounds from last month (VIEW REPORT)
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National Feeder Cattle Report: Bassett (NE) Livestock Auction’s Annual BBQ (VIEW REPORT)
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Steer dressed weights for w/e June 27, 2020 reported at 896 lbs; up 42 lbs from a year ago. The increase in beef tonnage on roughly the same amount of cattle slaughter will put more beef in the pipeline for consumers (NFCR)
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Cattle grading Choice and Prime for w/e June 27 was reported at 83.7 percent; up 6.6 percent from the same week a year ago. Most of this would be due to cattle being fed for a longer period with some being fed around 200 days (NFCR)
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