on November 22, 2016
US broiler industry to expand production in 2017?
The rise in broiler chicken hatching egg placements reported by USDA in October of 2016 signals lower chicken prices into early 2017.
Chicken buyers have taken notice that the U.S. broiler industry is placing more hatching eggs and an apparent expansion of chicken production is under way.
Given the apparent expansion in broiler chicken egg sets as of October of 2016, chicken breast prices will likely fall from $1.59 to $1.45 and…