Chicken Supply in US Seen Growing at Faster-Than-Expected Pace

The outlook for US chicken supplies is improving, signaling lower retail prices than previously expected through the end of the year, according to the US Department of Agriculture. Domestic broiler production is expected to reach 47.1 billion pounds this year, a 1.6% increase from 2023, the USDA said in a report on Thursday. As recently as July, the agency was forecasting an increase of just 0.8%, before raising its outlook for two straight months. Read more