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Net Meat Output Up in U.S.
WASHINGTON - Oct 12/07 - SNS -- Meat production in the United States should post a net increase this year, according to the latest supply and demand forecasts from the USDA's World Agricultural Outlook Board.
The forecast for total 2007 U.S. meat production is raised slightly as higher forecast pork and turkey production more than offset reduced beef and broiler output.
Pork production is raised as the Quarterly Hogs and Pigs report, released September 28, indicated increased supplies of market hogs. Turkey production is increased as bird numbers continue to build. Beef production is reduced due to a slower-than-expected pace of fed cattle marketings. Broiler production data through August indicates lower output in the third quarter.
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