Loading…
The USDA's May WASDE forecast 2025 US red meat and poultry production below 2024 levels. 2024 beef production was raised on heavier dressed weights, while 2025 beef output is seen falling on tighter cattle supplies and heifer retention.
Lower projected beef and poultry output in 2025 supports cattle and beef prices and raises demand for feed grains and imports. Pork and broiler forecast cuts tighten those supplies as well.
ziacommodities.comLester AldrichMay 13, 2024After 268 past bullish report events, LCATTLE moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
After 227 past bullish report events, FCATTLE moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% over 20.
After 100 past bullish report events, HOGS moved a median -0.2% over 5 sessions (49% higher; middle half -1.9% to +2.0%), and -0.4% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
The May WASDE livestock outlook, covered on 5/13, projects lower 2025 red meat output and tighter protein supplies, which supports deferred lean hog futures just before the move.
