# Livestock, Dairy, and Poultry Outlook highlights market trends | Feed & Grain

> The USDA Economic Research Service released its June 2024 Livestock, Dairy, and Poultry Outlook. Retail egg prices fell 23.6% year over year in the first five months of 2024 after avian influenza outbreaks, while chicken and some other proteins also became cheaper. Beef production forecasts were held steady and dairy product price forecasts were raised.

- Date: 2024-06-18 · published 2024-06-18T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/29904-livestock-dairy-and-poultry-outlook-highlights-market-trends-feed-and-grain
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower retail egg prices reflect recovering supply after HPAI losses, while steady beef output and higher dairy price forecasts point to firm prices for competing proteins and dairy feed demand.

## Read by commodity

- MILK: bullish ▲
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-01-25 | [LIVESTOCK MARKETS: USDA forecasts higher dairy product prices](https://feedsoft.ai/events/73007-livestock-markets-usda-forecasts-higher-dairy-product-prices.md) | -0.1% | +0.5% |
| MILK | 2026-04-21 | [Dairy outlook 2026: Higher milk production and stronger prices](https://feedsoft.ai/events/19713-dairy-outlook-2026-higher-milk-production-and-stronger-prices.md) | -0.0% | +0.6% |
| MILK | 2025-03-08 | [USDA’s 2025 Dairy Outlook: Market Shifts and Strategic Opportunities for Producers \| The Bullvine](https://feedsoft.ai/events/25584-usda-s-2025-dairy-outlook-market-shifts-and-strategic-opportunities-for.md) | +1.0% | -7.4% |
| MILK | 2024-07-22 | [Market Outlook- Report Summary July 2024 - Dairy Producer](https://feedsoft.ai/events/29258-market-outlook-report-summary-july-2024-dairy-producer.md) | -0.1% | +3.6% |
| MILK | 2019-05-31 | [Dairy Situation And Outlook: Milk Market Looks To Continue Improvement - EDairy News English](https://feedsoft.ai/events/59220-dairy-situation-and-outlook-milk-market-looks-to-continue-improvement-edairy.md) | -1.0% | -0.7% |
| LCATTLE | 2022-02-15 | [Livestock, Dairy, and Poultry Outlook: February 2022 \| Economic Research Service](https://feedsoft.ai/events/42651-livestock-dairy-and-poultry-outlook-february-2022-economic-research-service.md) | +1.0% | -1.5% |
| LCATTLE | 2022-10-18 | [Livestock, Dairy, and Poultry Outlook: October 2022 \| Economic Research Service](https://feedsoft.ai/events/39085-livestock-dairy-and-poultry-outlook-october-2022-economic-research-service.md) | +2.3% | +3.2% |
| LCATTLE | 2019-09-18 | [Livestock, Dairy, and Poultry Outlook: September 2019 \| Economic Research Service](https://feedsoft.ai/events/57030-livestock-dairy-and-poultry-outlook-september-2019-economic-research-service.md) | +2.3% | +10.4% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/business-markets/news/15677914/livestock-dairy-and-poultry-outlook-highlights-market-trends

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.