Manufacturing has risen 2% since January 2023
1 Might 2024
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US broiler manufacturing totalled 4,052 million kilos in January, an build up of two.0% from January 2023, in line with the latest USDA Farm animals, Dairy and Poultry Outlook record. That is because of each 0.6% upper moderate weights and to January 2024 having yet one more slaughter day, which greater than offset a decrease consistent with day slaughter price in comparison to January 2023.
With the newsletter of the Poultry Slaughter Annual Abstract in February, general broiler manufacturing for 2023 was once revised reasonably and now totals 46,387 million kilos. This revised determine is 4 million kilos above ultimate month’s estimate and an build up of lower than 1 % from the 2022 general.
Weekly initial slaughter knowledge signifies that moderate weights remained increased all the way through February. In accordance with this and robust slaughter in January, projected first-quarter manufacturing is adjusted up through 50 million kilos to 11,600 million kilos.
In accordance with the expectancy of an expanding margin between manufacturing prices and wholesale costs, projected fourth-quarter manufacturing could also be adjusted up through 50 million kilos to 11,750 million kilos. In general, projected 2024 broiler manufacturing is adjusted up through 100 million kilos to 46,875 million kilos. If realised, this might be an build up of about 1% from 2023.