USDA’s Economic Research Service raised its 2026 turkey production estimate by 35 million pounds to 5.134 billion pounds, citing stronger production and higher expected bird weights. It projected 2027 production at 5.180 billion pounds, 55 million pounds above its September estimate, and also raised its 2026 turkey export and price estimates.
Higher expected turkey output adds to poultry meat supply, while stronger export demand could absorb some of the increase. The report’s revisions are a meaningful supply-and-demand update, but the listed commodities do not include turkey.
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.