# High optimism fades for broiler sector

> USDA economists cut their U.S. broiler production forecast in the latest Livestock, Dairy & Poultry Outlook, though production and exports are still expected to rise. Foodservice demand has fallen sharply with restaurant closures, and some producers are harvesting large birds before market weight and scaling back egg sets.

- Date: 2020-04-22 · published 2020-04-22T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/53790-high-optimism-fades-for-broiler-sector
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Weaker foodservice demand and lower live weights reduce expected chicken supply growth against a softer demand base, which pressures chicken prices lower. Retail demand is only partly offsetting the loss.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/high-optimism-fades-for-broiler-sector

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.