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Steiner Consulting reports US chicken supplies in H1 2017 rose by less than 1% from H1 2016, with turkey consumption up about 2%. Producers are reducing bird weights to address woody breast meat quality, which has left average slaughter weights flat year on year.
Flat chicken output and unchanged bird weights limit supply growth, which supports prices and keeps feed demand steady.
thepoultrysite.comRachel Ralte More from this authorJul 13, 2017Not 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.
