Market Outlook

See the latest Livestock, Dairy, and Poultry Outlook report.

Report Summary

Poultry/Eggs: Projected broiler production in 2024 was increased on recent production and hatchery data. Broiler export projections were cut in 2024 and 2025 on recent trade data and expectations of relatively uncompetitive prices. Broiler price projections for 2024 were adjusted up on the strength of domestic demand. Egg production was adjusted down in 2024 and 2025, reflecting losses due to Highly Pathogenic Avian Influenza and expectations for a gradual recovery of the flock. Projected egg exports are adjusted down on lower production prospects. Projected egg prices are adjusted up on recent data and lowered on production expectations. Projected 2024 turkey production and exports were adjusted up slightly on recent data. Projected turkey prices for 2024 were adjusted up on the strength of prices in May.