USA

US poultry industry to remain strong in 2018-2019

Poultry

The latest USDA report provides a positive outlook for the sector thanks to an increase in broiler production.

Posted on Aug 14 ,14:41

US poultry industry to remain strong in 2018-2019

The next 12 months may set in advance for the US poultry industry that can offset declines in beef and pork, reports US Department of Agriculture.
Second-quarter broiler production is raised on June production data, while third-quarter production is raised on hatchery data and expected growth in bird weights. Low feed prices can increase production in 2019, says the report.
Nevertheless, chicken and turkey exports are going to slow down due to a low demand in foreign markets. At the same time, a decrease in turkey production in June slightly reduce the forecast in this segment.
Also, egg production in the country is increased based on the second quarter production data. Egg prices are to rise in the next months due to a recent price strength but no changes occur in the 2019 egg price forecasts.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

AUSTRALIA

MLA: Australian cattle herd in official destock

The data, analysed by Meat & Livestock Australia (MLA), shows that the last quarter was the l...


Read more Read more
BRAZIL

JBS Fund and Basa sign agreement for credit to small producers in Pará

The partnership aims to facilitate access to Pronaf Mais Alimentos credit for 1,500 family farmer...


Read more Read more
UK

UK: NPA welcomes confirmation of 12-month EUDR delay

The European Commission proposed the delay in early October in response to concerns raised by mem...


Read more Read more
Websolutions by Angular Software and SpiderClass