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USDA's Economic Research Service released its October 2021 Livestock, Dairy, and Poultry Outlook. The outlook analyzes how month-to-month changes in the WASDE report affect beef, pork, lamb, poultry, egg and dairy markets.
It provides domestic and international forecasts for these products.
The outlook translates USDA supply and demand revisions into livestock and dairy price expectations, helping buyers gauge the protein demand backdrop for feed use.
ers.usda.govOct 18, 2021After 630 past report events, LCATTLE moved a median +0.1% over 5 sessions (54% higher; middle half -0.9% to +1.1%), and +1.1% over 20.
After 413 past report events, FCATTLE moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.9% over 20.
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.
