Livestock Marketing Information Center

Current Situation and Analysis
Last Updated: 8/28/2015
TURKEY SLAUGHTER AND COLD STORAGE LEVELS

U.S. turkey harvest in July was down 7% from a year earlier. The full impact of Highly Pathogenic Avian Influenza (HPAI) last spring was expected to show up in July and August, resulting in year-over-year slaughter declines of 12% or more. So far, the only month showing a big decline due to the disease toll has been May, reflecting bigger mortality of up to 5% of monthly production, or about 1.4 million birds. June’s slaughter was down by 400,000 birds due to HPAI induced bird losses. July slaughter actually reflected less mortality than expected, by about 250,000 birds.


more...
BEEF AND PORK BYPRODUCT VALUES DOWN

Byproduct values for both the pork and the beef market have slipped substantially this year compared to 2014. In both industries, the main demand for these byproducts comes from international consumers.


more...
DAIRY PRODUCT PRICES, DOWN WORLDWIDE

It is fair to say that worldwide dairy product prices are lower this year. Domestically, several factors are at play in this dynamic. For 2015, through July, U.S. monthly milk production has averaged about 1.5% above year ago, the result of a larger dairy cow inventory and slightly higher output per cow. On the demand side, China has taken a big step backwards in terms of dairy product imports from the U.S. Through June, year-over-year U.S. whey exports to China were down 12% and powder dropped 38%.


more...