As a result of greater production, beef prices are projected to drop 10.6% and pork prices are projected to drop 11.6% between 2016 and 2025. Cheaper prices will help reverse a multiyear decline in meat consumption in the United States.
Per capita consumption of beef is also forecast to increase 2.7% by 2025, outpacing growth in consumption of broilers (2.3%) and pork (1.7%). USDA expects this will increase the total amount of meat consumed per person in the U.S. from 211 pounds in 2015 to nearly 219 pounds by 2025.