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Article: Broiler production. (Industry Overview)
- Article from:
- Frozen Food Digest
- Article date:
- April 1, 1993
CopyrightCOPYRIGHT 1993 Frozen Food Digest, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Broiler production is forecast to increase about 4 percent in 1993 to nearly 22 billion pounds, compared with a 6 percent increase in 1992. Average liveweights are expected to continue to rise, after reaching about 4.5 pounds in 1992. The industry realized moderate but positive net returns for most of 1992, but particularly in the fourth quarter when strong exports supported wholesale prices unseasonably. Positive returns are likely for 1993, reflecting steady prices and lower corn and soybean meal costs.
ERS is still reviewing procedures used to estimate broiler costs and returns. A special article is planned for a forthcoming Livestock and Poultry Situation and ...