Record meat, dairy output ahead

Record meat, dairy output ahead

As a reflection of good prices and cheaper feed costs, USDA forecasts meat and poultry production to climb over next decade.

THE U.S. Department of Agriculture projects total meat and poultry production for 2015 to reach a fresh new high of 95 million lb. (Table).

"Those production increases reflect producer response to the record-high prices for livestock, dairy and poultry products seen in 2014, coupled with falling feed costs," USDA acting chief economist Robert Johansson told an audience at the Agricultural Outlook Forum last week.


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