Broiler stocks will end the year at 660 million pounds.
U.S. broiler production is expected to decline at the end of the third quarter in 2011 and moving into the fourth quarter as reductions in the number of chicks placed for growout more than offset higher average weights, according to the U.S. Department of Agriculture.
Broiler cold storage holdings are expected to end 2011 at 660 million pounds, down considerably from 2010 numbers. Lower production and lower stock levels are expected to eventually place upward pressure on prices, but this effect will be partially offset by a sluggish domestic economy.
Turkey production was higher in August, but is expected to decline in the fourth quarter of 2011. Lower stock levels for whole turkeys have placed upward price pressure on whole birds. Wholesale whole-hen turkey prices have increased, with third-quarter prices averaging $1.06 per pound, up 9% from 2010 numbers.
For more broiler statistics, visit http://www.wattagnet.com/marketdata.html.
Authorities believe plan to repackage and sell expired poultry and beef was organized by the company
Animal health company reports particular strength in companion animal sector
Plans for one farm include an unprecedented 20 poultry houses
Three more major restaurant chains with presence in China drop Husi Food Co. after report that company repackaged and sold expired poultry and beef
Figures released by British Poultry Council say consumers find price, appearance and taste to be the top three factors involved when buying meat and poultry products
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