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A National Provisioner outlook says the US chicken industry is poised for record production by the end of 2017, with further gains expected in 2018. Feed costs are near 10-year lows, and breast meat prices are seasonally declining while dark meat remains strong.
Expanding chicken output and low feed costs support strong supply, which can pressure chicken prices, while cheap feed supports producer margins and continued flock growth.
provisioneronline.comTodd SoutherlandOct 20, 2017Not enough comparable past events yet for a historical read.
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.
