USDA revised the forecast for total red meat and poultry production compared with the January report, based on changes in all three species.
WASDE USDA raised the forecast for total red meat and poultry production compared with the January report, based on increases in all three species. On the beef side, USDA's 30 January Cattle report revised the 2014 calf crop higher and highlighted that there are more cattle outside feedlots as of the beginning of 2015. Thus, greater cattle supplies outside feedlots are projected to lead to more placements than originally forecast. The placements will likely decline against last year, although at a slower rate. Likewise, cow slaughter is raised slightly from last month's projection, based...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
