USDA beef, pork estimates dip on slower slaughter rates

The USDA has lowered its expectations for 2026 red meat production, while increasing projections for poultry. Beef production is now estimated at 24.967 billion pounds, down 321 million from July on a slower second half slaughter pace, with an average steer price of $245.35 per hundredweight, a drop of $5.75, along with higher imports and […]

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