US: Broiler Market Review Week 47, November 25, 2024

US: Broiler Market Review Week 47, November 25, 2024
Photo is illustrative in nature. From open sources.

 Projected broiler production is revised upward in 2025 due to favorable hatchery performance and feed prices. Projected broiler exports are revised downward in 2024 and 2025 based on more recent data and strong global competition. Projected wholesale broiler prices are revised upward slightly in 2024 and 2025 based on more recent data. Projected table egg production is revised downward in 2024 and 2025 based on slow layer flock growth and additional losses due to avian influenza. Projected egg and egg product exports are unchanged. Projected egg prices are revised upward in 2024 and early 2025 based on more recent data. Projected turkey production and exports are unchanged. Turkey price forecasts are revised slightly upward for the fourth quarter of 2024 and the first two quarters of 2025 based on the latest data.

 Dynamics of prices and sales volumes of broilers                                                       

Average weighted price of broilers by region

Region

Average weighted price, cents/lb

Sales volume (thousand pounds)

Week 46

Week 47

Growth per week,%

Week 46

Week 47

Growth per week,%

Oriental

126.28

126.80

0.4%

4 984

5 189

4.1%

Central

120.19

117.17

-2.5%

2 460

3 354

36.3%

West

142.04

142.26

0.2%

3 125

3 045

-2.6%

Dynamics of prices for chicken cuttings

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