Page 6 - MWC 4-21-2022s

Meat Production and Consumption Decreasing The Midwest Cattleman · April 21, 2022 · P6

By Derrell Peel -
Oklahoma State University and lamb production. ther. HPAI could re-
Pork production is forecast sult in some reduction
Declining to decrease to 27.19 billion in broiler production,
beef and pork pounds in 2022, down 1.8 per- but export bans could
production cent year over year. The March result in more broiler
may offset in- Hogs and Pigs report showed meat being directed to
creased broil- that inventories of both mar- the domestic market,
er production ket hogs and breeding hogs thereby increasing do-
and lead to a were down from last year. Per mestic consumption
decrease in capita pork consumption is even more.
total meat production in 2022. projected to be 50.3 pounds in Beef production in Declining beef and pork production may offset in-
The latest forecasts from the 2022, down from 51.0 pounds 2022 is forecast to de- creased broiler production and lead to a decrease in
total meat production in 2022
Livestock Marketing Infor- last year. Pork exports are ex- crease by 2.2 percent
mation Center suggest that pected to decrease in 2022 on to 27.39 billion pounds, will be additionally impacted
total red meat and poultry weaker exports to China. This down from the record level of by drought conditions and re-
production will total 106.25 will offset some of the decrease 28.01 billion pounds last year. duced production of pasture
billion pounds, down slightly in production thus muting the Beef consumption is project- and hay. Drought may impact
year over year. If realized, this decrease in domestic pork con- ed to be 57.2 pounds in 2022, the timing of beef production
would be the first decrease in sumption. down from 58.8 pounds last with drought liquidation po-
total meat production follow- Broiler chicken production is year. Declining beef cattle in- tentially increasing beef pro-
ing seven consecutive years forecast to increase 2.3 percent ventories will result in reduced duction temporarily but lead-
of increasing production since in 2022 to a record 45.44 bil- cattle slaughter this year ing to a larger decline in beef
2014. Total 2022 per capita lion pounds. Per capita broiler and declining beef production supplies later.
meat consumption is forecast consumption is projected to be through the year. Beef exports Retail prices are high for all
at 222.4 pounds, down year 97.8 pounds this year, up from are expected to decrease from meats. Reported retail pric-
over year from 224.2 pounds 96.4 pounds in 2021. Highly the 2021 record levels. es in February were up 14 to
last year. Pork, broiler, and beef Pathogenic Avian Influenza High feed prices will im- nearly 16 percent year over
production represent 94 per- (HPAI) is a threat to all poultry pact all livestock industries year for beef, pork, and broil-
cent of total meat production markets but has so far mostly and may moderate meat pro- ers. Meat prices are not ex-
in the U.S. Most of the remain- impacted laying hens and tur- duction going forward. Feed pected to continue rising but
ing 6 percent is turkey produc- keys. However, broiler export costs increased significantly in may stabilize and hold near
tion, along with small totals of bans are already restricting 2021 and will push even high- current higher levels.
veal, other poultry, and sheep exports and could expand fur- er in the coming months. Beef

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