July 22, 2008

 

US broiler meat production up 5.3 percent despite proposed slowdown
 

Broiler meat production for the first five months of 2008 reached 15.5 billion pounds in the US, an increase of 5.3 percent from the same time period in 2007, according to USDA's Livestock, Dairy & Poultry Outlook report.

 

The figure is expected to push estimated figures for the rest of the calendar year higher, as the expected slowing of production failed to materialise.

 

The new estimates for the second, third and fourth quarters of 2008 are 9.45 billion pounds, 9.25 billion pounds and 9.2 billion pounds, respectively.

 

The revised total for the 2008 estimate is just greater than 37 billion pounds, which is 2.4 percent higher than 2007.

 

The revision was due to the rise of the average weight of slaughter and the fewer number of chicks placed out for growout this year as compared to last year.

 

As costs of feed materials such as corn and soymeal continue to rise however, the estimate for 2009 broiler production was lowered to 36.6 billion pounds, a 1-percent drop from the current year.

 

In May, broiler meat production reached 3.2 billion pounds, down slightly from the previous year due to the smaller number of birds slaughtered in May of this year, down 2.8 percent from 2007. The month of May 2008 also had one less slaughter day than the same month last year.

 

Turkey production in May rose 1.8 percent from the same month last year to total 521 million pounds. Production during the first five months of 2008 increased 8.2 percent compared with the same time period the previous year.

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