supply

Projections and Pricing

Luke Schwieterman, President, Schwieterman Inc.

In the March Supply and De- mand report, USDA revised slightly their projected quarterly beef price and production estimates. Currently, USDA projects a 3.2% increase in production this year over last year for the 1st quarter , 4.4% increase in the 2nd quarter, 4.9% increase in the 3rd quarter and 1.8% increase in the 4th quarter. Continue reading