U.S. Cattle & Hogs Production Update – May ’20
Executive Summary U.S. cattle & hog production figures provided by the USDA were recently updated with values spanning through Apr ’20. Highlights from the updated report include:
- U.S. commercial red meat production declined 15.1% on a YOY basis during Apr ’20, reaching a 14 year low level, as several major packing plants were closed due to COVID-19. The YOY decline in total red meat production was the first experienced throughout the past eight months and the largest experienced on record.
- U.S. pork production declined 10.5% on a YOY basis during Apr ’20, declining to a two and a half year low level. The total number of hogs slaughtered declined 11.1% YOY throughout the month, more than offsetting a 0.9% increase in average weights/head.
- U.S. beef production declined 19.7% on a YOY basis during Apr ’20, reaching a 27 year low level. The total number of cattle slaughtered declined 20.9% YOY throughout the month, more than offsetting a 0.4% increase in average weights/head.