USDA forecasts solid growth for US poultry industry amid mixed price trends

The report highlights the adaptability and resilience of the poultry sector, noting that production growth in recent years has laid a solid foundation for future growth. Despite market uncertainty, the industry has demonstrated remarkable consistency in meeting demand and overcoming supply chain disruptions.

However, price forecasts present a more challenging scenario. USDA slightly revised its 2025 broiler price forecast downward to $1.27 per pound, compared to its previous estimate of $1.29 per pound for 2024. This adjustment reflects unexpectedly high prices seen in mid-2024, which weighed on pricing trends in early 2025. Meanwhile, turkey prices are also projected to face continued pressure. USDA lowered its 2024 turkey price forecast to 94.2 cents per pound, with a modest rebound to $1.05 per pound expected in 2025. This downward adjustment reflects weaker-than-expected demand and weaker market conditions.

In contrast, egg prices are expected to remain high through 2024, with forecasts rising to $2.71 per dozen in the second half of the year. Tighter supplies and robust demand are driving this trend. Looking ahead to 2025, egg prices are expected to decline to $1.75 per dozen, but still be above historical averages.

In summary, USDA’s 2025 forecast paints a picture of a vibrant poultry industry. While broiler and turkey prices may see downward adjustments, egg prices are expected to remain relatively stable before declining. The sector’s ability to balance production growth with volatile market conditions reinforces its important role in U.S. agriculture.

Overall, the poultry industry remains well positioned for sustainable growth, demonstrating its resilience and adaptability in an ever-changing economic landscape.