USDA raises 2025 red meat outlook, cuts poultry, eggs

The USDA has raised its expectations for 2025 U.S. red meat production. Beef is now pegged at 26.565 billion pounds, up 775 million from January because of expectations for increased placements, slaughter, and dressed weights, with an average steer price of $201 per hundredweight, a jump of $5, and higher exports and consumption, with no […]

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Cash dairy prices steady Friday at the CME

*This updates a previous report from earlier. Cash dairy prices were mostly unchanged in light trading Friday at the Chicago Mercantile Exchange.  Dry whey was up

No CME cash dairy trading Friday

The Chicago Mercantile Exchange had limited trading activity Friday following the Christmas holiday, and cash dairy trading isn’t scheduled to resume