Most participants reported the market as quiet. Those that did report trade values were stagnant for the day.
For the week ending September 30th, 2023, broiler slaughter is anticipated to be 170.540 million head, a 1.8-percent drop from 2022 and less than half a percent down from the previous week (Fig 1). Over the next six weeks, broiler slaughter is projected to average 170.127 million head per week, a drop of 2.7 percent from 2022 but a 1.9 percent rise compared to 2021.
Based on the Weekly Livestock, Poultry, and Grain market highlights from the USDA, year-to-date broiler production as of September 25th was at 29.683 billion head, up 0.5 percent from 2022 for the comparable time. Year-to-date turkey production was at 3.588 billion head, up 4.8 percent from 2022 for the similar time.
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US broiler slaughter
Fastmarkets' research team...