May 29, 2014

Poultry supply growth is sllooooowww, but prices might still drop

Broiler supplies are growing much more slowly than analysts were anticipating earlier this year, and indications are that the slow pace will continue this calendar year.

The Daily Livestock Report, published by Steve Meyer and Len Steiner Inc., noted that the size of the hatching flock has made only “modest gains” compared with year-ago levels, and that the flock as of May 1 was just 0.4 percent larger than in 2013.

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