According to a recent USDA Foreign Agricultural Service (FAS) report, global broiler meat production remains unchanged, and projections for global trade edge downward. 

Global chicken meat production for 2023 is virtually unchanged from the October forecast at 102.9 million tons as upward revisions for United Kingdom, Thailand, and Mexico offset a decrease for Brazil. 

UK production continues its expansion on strong demand despite labour issues, higher input costs, and recent outbreaks of highly pathogenic avian influenza (HPAI). Lower production costs for feed and genetics will spur Thailand production. Brazil is revised lower on weaker foreign demand, particularly from China.

Global chicken meat exports for 2023 are revised 1% lower from the October forecast to 14.0 million tons. Weaker China, EU, South Africa, and UK demand will primarily impact Brazil, the world’s leading exporter. While Brazil shipments are forecast lower compared to the October forecast, volumes are still expected to reach a historical level. Competitive pricing, the absence of HPAI, and diverse product offerings will enable Brazil’s reduction in shipments to China to be largely offset by other markets.