3 key factors impacting 2019 US poultry industry profits
Record US animal protein production, slower economic growth, and ample supplies of corn and soybeans all figure to play major roles in determining whether 2019 is profitable for US poultry and egg producers.
For U.S. broiler producers, 2018 couldn’t end soon enough. In December, wholesale prices for boneless skinless chicken breast meat and chicken leg quarters dipped to $0.84 and $0.28 per pound, respectively. Egg producers fared better as the Egg Industry Center estimates that U.S. egg producers were, on average, profitable in…
Read the full article in Egg Industry January 2019