This year was challenging for the livestock and poultry industries. High input prices, including agricultural chemicals, farm labor, feed, and fuel, raised the cost of production. Severe drought led to accelerated herd liquidation and poor hay production for cattle producers. Logistical and transportation issues continue to pressure agricultural supply chains. Highly pathogenic avian flu has negatively impacted poultry and egg production. Despite these challenges, U.S. red meat and poultry production is projected to reach a record 107.5 billion pounds in 2022 (Dec WASDE).
