Broiler Meat Production Forecast to Rise in 201318 May 2012
US - US broiler meat production for 2013 is expected to rise by 2.5 per cent, with growth spreading over the year as processors expand production in response to favourable conditions.
According to the USDA's Livestock, Dairy, Poultry and Aquaculture Outlook for May 2012, The increase in broiler production is expected to be a result of a higher number of birds slaughtered and a small increase in average bird weights. The two primary factors likely to influence expanded broiler meat production in 2013 are:
- the degree to which processors feel demand will reflect expansion in the general economy,
- what integrators expect for changes to corn and soybean prices.
In the first quarter of 2012, broiler meat production was down 2.2 per cent compared to the same period last year. The number of broilers slaughtered fell by 2.6 per cent, which was offset by a small gain the average weight of birds at slaughter.
Broiler meat production forecast for the second quarter of 2012 has been lowered by 4.3 per cent from a year earlier. It is expected that production will be below the previous until the fourth quarter of 2012 when processors respond to a gradually strengthening economy and lower grain prices.
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