Production and exports still expected to rise, but not as much as previously anticipated.
Domestic commercial use in all products during first months of 2020 was already weakening ahead of COVID-19 pandemic.
Average quarterly price forecast for 2020 to be more than 16% below average prices in 2019.
Projected $5.1 billion for cattle producers, $2.9 billion for dairy and $1.6 billion for hog producers in COVID-19 aid package.
Beef and chicken see largest value increases, while turkey registers highest growth.
Total 2020 pork exports expected to be more than 18% higher than exports in 2019.
A weekly roundup of prices for select dairy and specialty livestock markets.
Feedstuffs Livestock & poultry cash market comparisons, 4/15/20
Demand structure shift and processing plant impacts weighing on outlook for beef sector.