USDA lowers forecasts for US broiler, turkey production in 2014
If projections are realized, 2014 US poultry production would still be up from 2013
The USDA in February lowered its forecast for U.S. broiler and turkey production in 2014, backing down from estimates released in January. The latest figures were released in the February 10 USDA World Agricultural Supply and Demand Estimates (WASDE) report.
According to the February 2014 WASDE report, U.S. broiler production in 2014 is estimated at 38.88 billion pounds, down from the 38.9 billion pound estimate released in the January. The broiler production forecast was reduced based on slower growth in slaughter. While the projection for 2014 U.S. broiler production in 2014 was lowered, total broiler production would still surpass the 2013 U.S. broiler production estimate of 37.82 billion pounds.
The USDA called for U.S. turkey production for 2014 to reach an estimated 5.85 billion pounds, a drop from the January forecast of 5.9 billion pounds. The projection was lowered based on fewer eggs set and poult placements. The projection for U.S. turkey production in 2014 is higher than the 5.8 billion pound estimate for 2013.