USDA: Poultry production expected to rise in 2017
Agency raises forecast for broiler and turkey production as lower feed costs are anticipated
The U.S. Department of Agriculture is raising its forecast for total poultry production in 2017, as lower forecast feed prices are expected to encourage increased production.
According to the agency’s World Agricultural Supply and Demand Estimates (WASDE) report, released on August 12, an estimated 48.3 billion pounds of poultry are expected to be produced in the United States in 2017, which is up from the 48.24 billion projected in the July WASDE report.
The report included specific figures for broilers and turkeys, but not for ducks.
U.S. broiler production projections
The latest WASDE report calls for 41.61 billion pounds of U.S. broiler production in 2017, an increase from the 41.57 billion pounds of production projected one month ago.
The agency is forecasting a total of 40.56 billion pounds of broiler production in 2016, which would be an increase from the 39.62 pounds of broiler production recorded in 2015.
U.S turkey production projections
A total of 6.14 billion pounds of turkey production is projected for 2017 in the August WASDE report, which is an increase from the 6.12 billion pounds forecast in the July WASDE report.
The agency is calling for 5.99 pounds of turkey production in the U.S. for 2016, up from the 5.63 billion pounds produced in 2015.