Market Outlook

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

Report Summary

Poultry/Eggs: Projected 2025 broiler production was adjusted up on recent hatch data. Broiler export projections in 2024 and 2025 were adjusted up on strong shipments to Mexico. Annual average broiler price projections are unchanged from last month. Projected table egg production is adjusted down in 2024 and 2025 on lower lay rates and the impact of highly pathogenic avian influenza (HPAI) on the size of the flock. Projected egg prices are adjusted up on recent data and lowered production expectations. Egg and egg product export projections were adjusted down on tight supplies and high prices. Projected 2024 turkey production was adjusted up on the strength of October production but projected 2025 production was adjusted down, reflecting recent placement data and losses due to HPAI. Turkey import and export expectations are unchanged from last month, while projected turkey prices are adjusted up slightly in 2024 and 2025 based on recent price data.