The USDA is expecting lower prices for cattle, pork and poultry in the first quarter of 2017 compared to last year.
The department's latest livestock outlook says American cattle prices will be down 10 per cent as large numbers of cattle on feed placed late in 2016 hit the market.
It also notes beef production is expected to continue upwards as inventories climb and heavier carcass weights continue to be reported.
The USDA suggests pork production will be 5 full per cent higher this quarter than it was last year.
It forecasts prices to drop by 15 per cent, due to abundant availability and maxed out packer capacities.
While supplies of poultry are slightly down, prices of broilers are also expected to decline by 2 per cent from a year ago, while turkey prices are figured to be lower by 7 per cent.
The USDA originally expected exports to make significant gains in 2017 but has reigned that in as the Mexican peso has lost 20 per cent in the last year and the Canadian dollar continues to float around 75 cents.
Eggs and milk remain as positive commodities.
The department feels milk prices could pick up 11 points in 2017, as long as exports to Mexico keep the current pace.
U.S. egg prices on the farm are expected to gain 10 per cent, based largely on increased exports to South Korea as it deals with a massive bird flu outbreak.
