(Photo by KIWA Staff)
IARN – The August WASDE report lowered its estimate for 2026 U.S. pork production by 79 million pounds to 27.876 billion pounds as a result of slower slaughter speeds and lighter third-quarter carcass weights. Pork exports were also reduced to 7.175 billion pounds, while ending stocks increased slightly to 445 million pounds. Lee Schulz, chief economist at Ever.Ag, said he uses the WASDE report as a benchmark to help frame production expectations. He acknowledges the lower production in the 4th quarter compared to the 3rd one.
Read more at Iowa Agribusiness Radio Network.
