# COVID-19 alters red meat, poultry production forecast

> Feedstuffs reports that large month-over-month declines appear in USDA's latest red meat and poultry production data, attributed to COVID-19. The article text provided contains only the headline and the author bio.

- Date: 2020-05-14 · published 2020-05-14T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/53286-covid-19-alters-red-meat-poultry-production-forecast
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower USDA-reported meat and poultry output tightens protein supply, which supports prices for animal proteins and can reduce feed use.

## Read by commodity

- HOGS: bullish ▲
- CHICKEN: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2020-05-14 | 1 | -8.9% | -3.1 | The USDA's 5/14 report of sharp month-over-month cuts in red meat production due to COVID-19 shows packing disruption, which cuts hog demand and weighs on lean hog futures. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-02-28 | [USDA lowers 2022 meat, poultry production forecast \| MEAT+POULTRY](https://feedsoft.ai/events/42652-usda-lowers-2022-meat-poultry-production-forecast-meat-poultry.md) | -1.0% | -0.7% |
| LCATTLE | 2019-02-22 | [Another Record Year for Meat Production Forecast for 2019](https://feedsoft.ai/events/60541-another-record-year-for-meat-production-forecast-for-2019.md) | +1.5% | +1.8% |
| LCATTLE | 2024-05-13 | [2025 Red Meat, Poultry Production Seen Lower Than 2024 - Zia Commodities, LLC](https://feedsoft.ai/events/30411-2025-red-meat-poultry-production-seen-lower-than-2024-zia-commodities-llc.md) | +1.4% | +2.6% |
| LCATTLE | 2019-02-08 | [Adjusted beef production forecast could be good news - Brownfield Ag News](https://feedsoft.ai/events/60724-adjusted-beef-production-forecast-could-be-good-news-brownfield-ag-news.md) | +0.4% | +2.8% |
| LCATTLE | 2017-10-15 | [USDA-FAS Report: China's Meat and Poultry Import Forecast, 2018 - Farm Policy News](https://feedsoft.ai/events/68445-usda-fas-report-china-s-meat-and-poultry-import-forecast-2018-farm-policy-news.md) | +0.2% | +9.8% |
| HOGS | 2024-05-13 | [2025 Red Meat, Poultry Production Seen Lower Than 2024 - Zia Commodities, LLC](https://feedsoft.ai/events/30411-2025-red-meat-poultry-production-seen-lower-than-2024-zia-commodities-llc.md) | +3.4% | +0.5% |
| HOGS | 2025-03-26 | [USDA forecasts pork exports, production increases – AgriNews](https://feedsoft.ai/events/25745-usda-forecasts-pork-exports-production-increases-agrinews.md) | +0.3% | +2.6% |
| HOGS | 2022-01-26 | [NPPC: Current economic factors have led to higher pork prices, not industry concentration \| MEAT+POULTRY](https://feedsoft.ai/events/43290-nppc-current-economic-factors-have-led-to-higher-pork-prices-not-industry.md) | +2.5% | +24.2% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/livestock-and-poultry-market-news/covid-19-alters-red-meat-poultry-production-forecast

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