Meat and bonemeal trading was steady on Wednesday June 5, with no changes reported, although sources did indicate that lower soybean meal prices have put negative pressure on the meat and bonemeal market.

US broiler slaughter
Fastmarkets’ research team forecasts broiler slaughter at 165.77 million head in the week to Saturday June 8, 0.38% lower than the same period in 2023.

Over the next six weeks, broiler slaughter is expected to average 165.57 million head per week, down by 0.06% year on year, according to Fastmarkets’ research team.

US turkey poult placements
The USDA defines turkey net poult placements as the number of young turkeys (poults) that are placed in production facilities during a specific period. These placements determine the supply of…