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Meat Production Rising in U.S.
WASHINGTON - Jul 12/07 - SNS -- The forecasts for total U.S. meat production in 2007 and 2008 are raised from last month, primarily due to higher expected pork output, according to the latest forecasts from the USDA's World Agricultural Outlook Board.
The June 29 Quarterly Hogs and Pigs report indicated that producers continue to slowly expand herds, which is expected to result in higher hog slaughter and increased pork production for both 2007 and 2008. The beef production forecast for 2007 is reduced slightly due to lower estimated second-quarter output.
The July 20 USDA Cattle report will provide a first estimate of the 2007 calf crop as well as heifer retention. Broiler production is raised slightly for both 2007 and 2008; turkey production is unchanged.
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