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U.S. turkey numbers rose about 3% in 2026 to 198.5 million birds, the first year-over-year increase since 2023, while inspected turkey meat production was projected to increase 6% to 5.13 billion pounds. Strong domestic demand, expanding exports and lower cold-storage inventories are supporting prices and producer returns, though disease remains a risk and production is expected to edge higher again in 2027.
Greater turkey output adds poultry supply, while solid demand and tighter inventories help support prices. Higher corn and soybean meal costs could squeeze producer margins and sustain feed demand.
farms.comNov 10, 2026Not enough comparable past events yet for a historical read.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
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.
