# Another Record Year for Meat Production Forecast for 2019

> USDA expects U.S. red meat and poultry production to rise 2% to a record 104.7 billion pounds in 2019, after a 2% gain to 102.4 billion pounds in 2018. The agency forecasts higher cattle and turkey prices in 2019 but lower hog and broiler prices, with pork exports potentially constrained by trade disputes.

- Date: 2019-02-22 · published 2019-02-22T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/60541-another-record-year-for-meat-production-forecast-for-2019
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record meat output adds supply that weighs on hog and broiler prices while steady feed demand from larger herds supports grain use. Pork export constraints from trade disputes could further pressure lean hog values.

## Read by commodity

- CORN: neutral
- HOGS: bearish ▼
- CHICKEN: bearish ▼
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2017-12-22 | [Seeds are sown for another year of record production](https://feedsoft.ai/events/67634-seeds-are-sown-for-another-year-of-record-production.md) | +2.5% | +9.1% |
| HOGS | 2019-12-17 | [USDA projects lower hog prices, adjusts meat production for 2020 - Brownfield Ag News](https://feedsoft.ai/events/55722-usda-projects-lower-hog-prices-adjusts-meat-production-for-2020-brownfield-ag.md) | +0.5% | -1.2% |
| HOGS | 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) | -1.4% | +0.1% |
| HOGS | 2018-03-05 | [Higher protein production forecast pressures prices for livestock producers \| Western Livestock Journal](https://feedsoft.ai/events/65941-higher-protein-production-forecast-pressures-prices-for-livestock-producers.md) | -0.2% | -13.5% |
| HOGS | 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) | +6.3% | +6.3% |
| LCATTLE | 2020-05-14 | [COVID-19 alters red meat, poultry production forecast](https://feedsoft.ai/events/53286-covid-19-alters-red-meat-poultry-production-forecast.md) | +6.1% | +5.2% |
| 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 | 2026-03-10 | [USDA boosts 2026 milk production forecast as prices strengthen  \| Ag Proud](https://feedsoft.ai/events/20169-usda-boosts-2026-milk-production-forecast-as-prices-strengthen-ag-proud.md) | -0.4% | +4.9% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/02/22/another-record-year-meat-production

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