NASHVILLE, TN – USDA has revised its livestock and dairy outlooks for 2025 and 2026. Beef production for this year is now forecast lower due to slower cattle slaughter, while 2026 production is expected to rise with more marketings. May beef imports surged 60% year over year, raising import projections for both years. Export expectations were also adjusted higher based on recent shipping trends.
Dairy production is now projected higher following increased cow numbers and productivity. Total U.S. milk output is forecast at 228.3 billion pounds in 2025 and 229.1 billion in 2026. Competitive prices are expected to support stronger domestic and international demand for U.S. dairy.
Hog production is forecast to rise due to improved litter sizes and heavier weights, even as breeding inventories remain flat. Pork output is projected at 28 billion pounds for 2025. Meanwhile, broiler production is adjusted higher, though exports are trimmed due to international competition. Egg prices are forecast to rise due to tight layer inventories.