# Third quarter broiler, turkey production declined

> USDA reported that third-quarter 2016 broiler production was slightly lower than expected, with chicken exports at their highest since March 2015. The agency cut its fourth-quarter whole broiler price forecast to 72-74 cents per pound and lowered its 2017 forecast to 77-84 cents.

- Date: 2016-11-17 · published 2016-11-17T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/73994-third-quarter-broiler-turkey-production-declined
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower USDA broiler price forecasts signal weaker poultry returns into 2017, which can reduce feed grain and meal demand from integrators.

## Read by commodity

- SBM: neutral
- CORN: neutral
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-18 | [China’s pork production declines amid weak demand and herd reduction](https://feedsoft.ai/events/27393-china-s-pork-production-declines-amid-weak-demand-and-herd-reduction.md) | -0.1% | +2.7% |
| CORN | 2026-10-29 | [Ethanol Production Hits Thirteen-Week High As Demand Falls -](https://feedsoft.ai/events/2072-ethanol-production-hits-thirteen-week-high-as-demand-falls.md) | -1.5% | — |
| CORN | 2017-05-31 | [Broiler Bird Weights Keep Lid on Production \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/71145-broiler-bird-weights-keep-lid-on-production-farm-bureau-intel-markets-american.md) | +1.7% | -2.3% |
| CORN | 2019-11-07 | [Pacific Ethanol Reports Third Quarter 2019 Results](https://feedsoft.ai/events/56052-pacific-ethanol-reports-third-quarter-2019-results.md) | -0.6% | -1.0% |
| CORN | 2024-09-30 | [US renewable diesel production capacity posts largest monthly decline on record \| Reuters](https://feedsoft.ai/events/15182-us-renewable-diesel-production-capacity-posts-largest-monthly-decline-on-record.md) | +1.0% | -0.6% |
| SBM | 2024-11-18 | [China’s pork production declines amid weak demand and herd reduction](https://feedsoft.ai/events/27393-china-s-pork-production-declines-amid-weak-demand-and-herd-reduction.md) | -0.8% | -2.2% |
| SBM | 2020-07-28 | [U.S. a bright spot in pork production — but those prices ...](https://feedsoft.ai/events/52247-u-s-a-bright-spot-in-pork-production-but-those-prices.md) | -1.8% | -1.2% |
| SBM | 2024-12-11 | [Forecast for U.S. Oilseed Production in 2024–2025 – Market-Tracker](https://feedsoft.ai/events/27058-forecast-for-u-s-oilseed-production-in-2024-2025-market-tracker.md) | -0.6% | +1.2% |

## Sources

- meatingplace.com: https://meatingplace.com/third-quarter-broiler-turkey-production-declined/

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