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The USDA Economic Research Service's 10-year outlook projects US chicken production rising from 45.7 billion lbs in 2022 to 52.5 billion lbs in 2033. Broiler and egg prices are expected to rise moderately, while turkey prices slip as domestic demand weakens.
Steady growth in broiler output alongside moderate price gains suggests stable demand for poultry feed ingredients over the decade, with turkey weakness limiting overall poultry feed demand.
meatpoultry.comRachael OatmanAug 13, 2024Not 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.
