--- title: USDA updates beef supply forecasts description: The USDA is forecasting a sharp decline in domestic beef supplies for next year. image: https://media.licdn.com/dms/image/D4E12AQHthHPrr92KXQ/article-inline_image-shrink_1500_2232/0/1686609482499?e=1692230400&v=beta&t=URxpmnQ6x9wrjpkWCunGArvqNeg4EEcWlR4nHocuKvI --- [Skip to content](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/usda-updates-beef-supply-forecasts#main-content) ![Datum Logo Stacked](https://datumfs.com/hs-fs/hubfs/Datum%20Logo%20Stacked.png?width=80&height=97&name=Datum%20Logo%20Stacked.png) - [David](https://datumfs.com/team) - [Commodity Sourcing & Risk Management](https://datumfs.com/commodity-research-and-forecasts) - [Resources](https://datumfs.com/en/maloni-intelligence-chart-of-the-week) Show submenu for Resources - [Blog](https://datumfs.com/en/maloni-intelligence-chart-of-the-week) - [Podcast](https://datumfs.com/commodity-kitchen-podcast) - [Collaboration](https://datumfs.com/datum-advisors-0) Open main navigation Close main navigation - [David](https://datumfs.com/team) - [Commodity Sourcing & Risk Management](https://datumfs.com/commodity-research-and-forecasts) - [Resources](https://datumfs.com/en/maloni-intelligence-chart-of-the-week) Show submenu for Resources - [Blog](https://datumfs.com/en/maloni-intelligence-chart-of-the-week) - [Podcast](https://datumfs.com/commodity-kitchen-podcast) - [Collaboration](https://datumfs.com/datum-advisors-0) - [Email us](mailto:david@datumfs.com) [Email us](mailto:david@datumfs.com) Jun 14, 2023 12:48:56 PM # USDA updates beef supply forecasts ![Picture of David Maloni](https://app.hubspot.com/settings/avatar/520f8829ce5a723a41ab6a8a3d9604b0) [David Maloni](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/author/david-maloni) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://datumfs.com/en/maloni-intelligence-chart-of-the-week/usda-updates-beef-supply-forecasts) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://datumfs.com/en/maloni-intelligence-chart-of-the-week/usda-updates-beef-supply-forecasts) [Twitter icon](https://twitter.com/intent/tweet?url=https://datumfs.com/en/maloni-intelligence-chart-of-the-week/usda-updates-beef-supply-forecasts) [pinterest-p icon](http://pinterest.com/pin/create/link/?url=https://datumfs.com/en/maloni-intelligence-chart-of-the-week/usda-updates-beef-supply-forecasts) [envelope icon](mailto:?body=https://datumfs.com/en/maloni-intelligence-chart-of-the-week/usda-updates-beef-supply-forecasts) The USDA did update their 2023 and 2024 beef supply forecasts last week but generally the news is not encouraging. Beef output next year is projected to decline to its lowest level since 2015 and to its third lowest level in nearly two decades. And, oh by the way, 2024 per capita beef production in the U.S. could fall to its lowest level since the New York Yankees won their fourth straight World Series in 1952. ![No alt text provided for this image](https://media.licdn.com/dms/image/D4E12AQHthHPrr92KXQ/article-inline_image-shrink_1500_2232/0/1686609482499?e=1692230400&v=beta&t=URxpmnQ6x9wrjpkWCunGArvqNeg4EEcWlR4nHocuKvI)Datum FS has forecasts for over 50 commodities comprising various beef, dairy, grains, pork and chicken markets. If you would like to learn more about a complimentary trial to the forecasts and commentary or about Datum FS services hit the home button above. Thanks for reading.     [commodity markets](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/tag/commodity-markets), [restaurants](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/tag/restaurants), [supply chain](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/tag/supply-chain), [foodcosts](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/tag/foodcosts) ## Related posts [![](https://media.licdn.com/dms/image/D4E12AQEXb9kfCkOUyg/article-inline_image-shrink_1500_2232/0/1692718486203?e=1698278400&v=beta&t=ruPM9anTyPUoGyrnjmV9DFRxIOfYb9TWBmiWCqi1x6g)](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/august-usda-beef-supply-update) [commodity markets](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/tag/commodity-markets), [restaurants](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/tag/restaurants), [supply chain](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/tag/supply-chain), [foodcosts](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/tag/foodcosts) ## [August USDA Beef Supply Update](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/august-usda-beef-supply-update) ![Picture of David Maloni](https://app.hubspot.com/settings/avatar/520f8829ce5a723a41ab6a8a3d9604b0) [David Maloni](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/author/david-maloni) Aug 25, 2023 12:24:58 PM Earlier this month the USDA updated their 2024 beef output forecasts. Readers might remember that... [Read more](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/august-usda-beef-supply-update) [![](https://media.licdn.com/dms/image/v2/D4E12AQF57topdbQY1A/article-cover_image-shrink_720_1280/article-cover_image-shrink_720_1280/0/1738950541765?e=1744848000&v=beta&t=26m153yQjpS1O3TsA6gBmliJ_yw4bFUQ3dozvpTrZKA)](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/beefed-up-burger-prices) [commodity markets](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/tag/commodity-markets), [restaurants](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/tag/restaurants), [foodcosts](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/tag/foodcosts) ## [Beefed-Up Burger Prices](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/beefed-up-burger-prices) ![Picture of David Maloni](https://app.hubspot.com/settings/avatar/520f8829ce5a723a41ab6a8a3d9604b0) [David Maloni](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/author/david-maloni) Feb 11, 2025 1:26:41 PM The cost of beef trim to produce an 82% lean hamburger in January reached a record high for the... 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Wages! In the latest government jobs data... 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