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The USDA Economic Research Service released its November 2022 Livestock, Dairy, and Poultry Outlook. It analyzes the market effects of monthly changes in the WASDE report for beef, pork, lamb, poultry, eggs and dairy.
A special article compares the impacts of HPAI on the US turkey industry in 2015 and 2022.
The outlook gives buyers a government forecast view of red meat, poultry and dairy supply and demand, though it contains no new price shock on its own.
ers.usda.govNov 16, 2022After 413 past report events, Feeder Cattle 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.
