# June USDA WASDE Report

> The June WASDE raised 2022 U.S. red meat production, with higher beef and pork output offsetting lower poultry. Beef and pork exports were raised on stronger Asian demand, and second-quarter hog, broiler and egg prices were lowered.

- Date: 2022-06-01 · published 2022-06-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/40897-june-usda-wasde-report
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Higher beef and pork supplies and lower hog and poultry prices weigh on livestock values, while stronger export demand provides some support. The cattle price forecast was left unchanged.

## Read by commodity

- HOGS: bearish ▼
- CHICKEN: bearish ▼
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2023-07-16 | [Was the July WASDE Report a Gift From the USDA?](https://feedsoft.ai/events/7053-was-the-july-wasde-report-a-gift-from-the-usda.md) | +0.3% | +0.7% |
| HOGS | 2021-06-30 | [Economists Forecast Hog Prices Following June USDA Quarterly Report - Pork Business](https://feedsoft.ai/events/46730-economists-forecast-hog-prices-following-june-usda-quarterly-report-pork.md) | +0.4% | -0.5% |
| HOGS | 2017-06-23 | [U.S. livestock: CME live cattle rally before USDA report - Country Guide](https://feedsoft.ai/events/70627-u-s-livestock-cme-live-cattle-rally-before-usda-report-country-guide.md) | +3.8% | -1.2% |
| HOGS | 2016-12-28 | [Hog prices fall on USDA report of unexpectedly large hog herd - AgCanada](https://feedsoft.ai/events/73604-hog-prices-fall-on-usda-report-of-unexpectedly-large-hog-herd-agcanada.md) | +0.2% | +8.4% |
| HOGS | 2024-03-20 | [Latest WASDE report raises red meat, poultry production - High Plains Journal](https://feedsoft.ai/events/31165-latest-wasde-report-raises-red-meat-poultry-production-high-plains-journal.md) | -0.2% | +9.0% |
| LCATTLE | 2017-01-01 | [USDA beefs up fed cattle price reporting](https://feedsoft.ai/events/73130-usda-beefs-up-fed-cattle-price-reporting.md) | -0.8% | +2.6% |
| LCATTLE | 2024-03-20 | [Latest WASDE report raises red meat, poultry production - High Plains Journal](https://feedsoft.ai/events/31165-latest-wasde-report-raises-red-meat-poultry-production-high-plains-journal.md) | -0.8% | -2.9% |
| LCATTLE | 2020-07-22 | [USDA Releases Report on Boxed Beef and Fed Cattle Price Investigation](https://feedsoft.ai/events/52238-usda-releases-report-on-boxed-beef-and-fed-cattle-price-investigation.md) | -0.0% | +6.9% |

## Sources

- cattlerange.com: https://cattlerange.com/articles/2022/06/june-usda-wasde-report

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