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The USDA Economic Research Service's October 2022 Livestock, Dairy, and Poultry Outlook analyzes how the month-to-month changes in the WASDE report affect beef, pork, poultry, egg and dairy markets. The page also lists later release titles, which do not change the content of the October outlook.
The outlook sets expectations for red meat and poultry supply and prices, so its forecasts can influence feed demand and livestock market sentiment.
ers.usda.govOct 18, 2022After 78 past neutral report events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -1.0% to +1.0%), and +0.7% over 20.
After 61 past neutral report events, Lean Hogs moved a median -0.4% over 5 sessions (48% higher; middle half -1.3% to +1.8%), and +2.1% 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.
