USDA’s meat trade data for April were released this week, and global beef demand remains exceptionally strong, despite all the various hurdles and challenges in the market. April was the fifth highest export total on record and monthly exports accounted for 15.6 percent of all production. It also marked the third month out of four months so far in 2022 where U.S. beef exports topped $1 billion in value. Part of that peak is higher prices, but also it is being driven by volume.
Last week, WPI looked at how domestic demand would hold up this summer under high retail prices and inflation across the economy squeezing consumers’ pocketbooks. As reported, the Kansas State University Meat Demand Monitor (MDM) survey showed a little...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
