Sunday, April 14, 2024

Poultry production estimates decrease for 2022, feed costs a factor

By David B. Strickland Editor Poultry Times dstrickland@poultrytimes.com Photo: USDA Agricultural Research Service The USDA is decreasing many of its production estimates for 2022 for broilers, eggs, and turkeys with higher feed costs being cited among the reasons.

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WASHINGTON — Broiler chicken production for 2022 has recently been reduced by the USDA’s Economic Research Service, but volume should still be approximately 2 percent more this year than in 2021. Prices are also forecast to increase slightly based on current higher feed costs.

Feed costs are also leading the department to reduce the projected amount of table eggs in all quarters of this year, ERS noted in its recent “Livestock, Dairy and Poultry Outlook” report.

For turkey production, projections have been decreased, but the segment is expected to see a 1 percent increase for 2022.

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