Different developments in U.S. poultry production

by Editor fleischwirtschaft.com
Friday, May 23, 2008

U.S. broiler meat production is expected to increase; turkey production is forecast to fall in 2009.

According to the latest Livestock, Dairy & Poultry Outlook from the U.S. Department of Agriculture (USDA) Broiler meat production should total about 37.2 billion pounds in 2009, up 0.8% from USDA's 2008 forecast.

Turkey production in 2009 is estimated at 6.1 billion pounds next year, a slight drop from the 6.2 billion pounds forecast for 2008.

The decline is expected to again come from the combined impacts of much higher feed costs and energy prices.

The agency also forecast whole-bird broiler prices between 80 and 86 cents per pound in 2009, about 3% higher than the 2008 estimate.

USDA also said prices should show the most gain in the second half of 2008 and first half of 2009.