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USDA's April Livestock, Dairy and Poultry Outlook raises 2026 US broiler production to 48.9 billion pounds, up 1.9% from 2025. Export forecasts were trimmed on stronger international competition and weaker demand from key markets.
January-February broiler meat exports were down 11.7 million pounds year over year.
Higher output with lower export demand leaves more chicken for the domestic market, which is bearish for broiler prices and weighs on feed demand.
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.