# US Broiler Production Forecasts Increase for First Quarter of 2017
						 | The Poultry Site

> The USDA Economic Research Service raised its first-quarter 2017 US broiler production forecast after strong hatchery data and a recovery in bird weights. The 2016 Q4 estimate was cut by 25 million pounds and 2016 export forecasts were lowered by 40 million pounds, with 2017 exports unchanged.

- Date: 2017-02-06 · published 2017-02-06T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/72650-us-broiler-production-forecasts-increase-for-first-quarter-of-2017-the-poultry
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Higher expected broiler output increases feed demand for corn and soybean meal, but lower 2016 exports weigh on the demand outlook.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-12-04 | [USDA increases beef production forecasts - Grainews](https://feedsoft.ai/events/32852-usda-increases-beef-production-forecasts-grainews.md) | +1.7% | +3.1% |
| CORN | 2025-09-17 | [France Updates Wheat and Corn Production Forecasts for 2025](https://feedsoft.ai/events/22802-france-updates-wheat-and-corn-production-forecasts-for-2025.md) | -0.9% | -3.5% |
| CORN | 2023-12-08 | [USDA Lowers Brazilian Soybean Production, Increases Exports](https://feedsoft.ai/events/32631-usda-lowers-brazilian-soybean-production-increases-exports.md) | -2.7% | -0.3% |
| CORN | 2023-07-19 | [Safras & Mercado Forecasts Brazil Soy to Increase 4.5% in 2023/24](https://feedsoft.ai/events/13640-safras-and-mercado-forecasts-brazil-soy-to-increase-4-5-in-2023-24.md) | +13.6% | -6.1% |
| CORN | 2024-02-05 | [The largest US egg-producing companies of 2024 \| WATTPoultry.com](https://feedsoft.ai/events/31678-the-largest-us-egg-producing-companies-of-2024-wattpoultry-com.md) | -4.6% | -6.1% |
| SBM | 2019-03-24 | [Poultry Quarterly Q2 2019: China and trade restrictions key drivers for an improving, but volatile global outlook
						 \| The Poultry Site](https://feedsoft.ai/events/60245-poultry-quarterly-q2-2019-china-and-trade-restrictions-key-drivers-for-an.md) | -2.7% | -4.0% |
| SBM | 2022-12-20 | [USDA lowers 2022/23 global oilseed production forecast by 1M tonnes](https://feedsoft.ai/events/38366-usda-lowers-2022-23-global-oilseed-production-forecast-by-1m-tonnes.md) | +0.5% | +7.4% |
| SBM | 2024-03-12 | [USDA experts have adjusted forecasts for world production of oils and meals](https://feedsoft.ai/events/31302-usda-experts-have-adjusted-forecasts-for-world-production-of-oils-and-meals.md) | -1.9% | -2.2% |

## Sources

- thepoultrysite.com: https://www.thepoultrysite.com/news/2017/02/us-broiler-production-forecasts-increase-for-first-quarter-of-2017

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