Lower U.S. Meat Output For 2007

WASHINGTON - Mar 9/07 - SNS -- Total U.S. meat production for 2007 is reduced from last month and livestock and poultry prices are raised in the latest USDA supply and demand updates from the World Agricultural Outlook Board.

Production declines are largest in the first half of the year and reflect reduced slaughter numbers and weights for cattle, hogs, and broilers.

Beef production forecasts for the second half are lowered from last month due to lower slaughter and no expected growth in cattle weights. The decline in beef carcass weights reflects several factors including higher feed costs, harsh winter weather, and higher-than- expected first quarter beef cow slaughter.

Despite higher forecast hog slaughter during the second half of the year, production is unchanged due to lower expected weights.

Broiler production forecasts are reduced for the first half of the year based on low January slaughter data and below year-earlier egg set and chick placement data. Second-half broiler production forecasts are unchanged from last month as hatchery supply flock data supports expectations of a resumption of broiler meat production growth later in the year.

Turkey production forecasts are unchanged. Egg production forecasts for the first half of the year are reduced slightly from last month. Supply and use estimates for 2006 are adjusted to reflect slaughter data revisions and December trade numbers.

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