U.S. Livestock Slaughter Slow Down Seen

WASHINGTON - Oct 12/05 - SNS -- U.S. beef and pork production forecasts for second-half 2005 are reduced from last month, reflecting lower-than-expected third-quarter slaughter and expectations of lower cattle and hog slaughter in the fourth quarter, according to the USDA's World Agricultural Outlook Board.

Cattle marketings from feedlots have been slower-than- expected and fourth-quarter slaughter forecasts are reduced because cattle are likely to remain on feed longer to achieve Choice or better grades. Third-quarter hog slaughter was lower than expected and the forecast for the fourth quarter is reduced slightly.

Broiler production forecasts are reduced from last month as broiler hatchery and laying flock data indicated a slower-than-expected rate of production growth. The turkey production forecast is increased slightly and the egg production forecast is unchanged.

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