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November 15, 2016

Holiday turkey market well supplied

Contrary to last year, when avian flu wreaked havoc on U.S. turkey production during the six months leading up to Thanksgiving, there are no supply issues this year, according to the Livestock Marketing Information Center (LMIC).Hatchery output during the spring quarter was up 5% from a year earlier, and summer-quarter hatchery output was up 10%. The frozen inventory of whole birds on Oct. 1 was only 1% higher than last year, but frozen inventories of parts and meat were 32% higher. This should allow for more of the increase in October and November production to be marketed as whole birds, LMIC noted.  Read More

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