What is a beef market report?


Quick Answer

The "Livestock, Dairy, and Poultry Outlook" is a monthly report that includes cattle and beef industry data and the market outlook. The United States Department of Agriculture's Economic Research Service releases the report.

Continue Reading

Full Answer

The "Livestock, Dairy, and Poultry Outlook" report covers current beef and cattle prices, trends, export information and industry forecasts. For instance, the October 2015 report states that cattle slaughter declined and resulted in downward pressure on the price of live cattle. It also states that beef exports are struggling due to a strong dollar and decreased global demand for American beef. It includes a forecast for moderate growth in 2016 due to an expanding American beef herd and slower growth in Australian beef exports. The report also discusses pasture conditions, cattle placement, cattle marketing and beef production levels.

Learn more about Agriculture

Related Questions