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USDA raises 2023 pork, broiler estimates


The USDA’s 2023 meat production projection adjustments were mixed.

Beef came out at 26.932 billion pounds, unchanged from November, on higher average weights canceling out a slower slaughter pace, with an average steer price of $175.55 per hundredweight, down $1.75, higher imports, lower exports, and steady consumption.

Pork was pegged at 27.242 billion pounds, 25 million more than a month ago due to processing numbers, with an average barrow and gilt price of $58.70 per hundredweight, $.25 lower, and increased imports, exports, and consumption.

USDA raises 2023 pork, broiler estimates