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USDA raised its 2026 broiler production forecast to 49.15 billion pounds, about 2.4% above 2025, on higher slaughter and heavier birds. First-quarter output rose 3.7% year over year.
USDA also lowered its 2026 broiler price forecast to 121.9 cents per pound.
Larger broiler supply and a lower price forecast are bearish for chicken prices, though strong beef prices may support chicken demand. Higher broiler output supports feed grain and meal use.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.