The USDA has raised its projection for U.S. pork production in 2014, with the agency anticipating production of 22.8 billion pounds. The forecast was made in USDA’s World Agricultural Supply and Demand Estimates (WASDE) report, released on June 11.
The June WASDE figure reflects an increase from the projection it made in its May WASDE report, where 2014 pork production was forecast at 22.66 billion pounds. According to the report, U.S. pork production is forecast higher because of a combination of higher second-quarter slaughter and higher carcass weights for 2014.
The USDA’s June forecast for U.S. pork production in 2015 remained unchanged from its May projection of 23.3 billion pounds.