Poult prices fall as production increases

Poult prices fall as production increases

Poult prices have been on the decline recently, as production of the animals has increased. While this may be good news for consumers, who can expect to pay less for poultry products, it is bad news for farmers.

The cause of the price drop is largely due to oversupply, as farmers have been able to produce more chickens and turkeys in recent years thanks to improved breeding techniques and technology. As a result, wholesale prices for poultry products have fallen by about 20% in the past year.

While some farmers may benefit from higher production in the short term, the long-term outlook is not so rosy. Low prices are putting pressure on farm incomes, and could lead to reductions in overall production in the future. This would likely send prices back up again, as demand would outstrip supply.

So if you're looking to buy some chicken or turkey soon, now may be a good time to do so – just be prepared to see prices rise again down the road.

Poultry production forecast to reach new high

The poultry production forecast is expected to reach new highs in the next decade, according to a recent report by the US Department of Agriculture. This is good news for consumers, who can expect to see more affordable prices for poultry products at the grocery store.

The report cites several factors that are contributing to the growth in poultry production, including rising consumer demand, advances in technology, and expanding export markets. Poultry producers are also increasingly using sustainable practices to reduce their environmental impact.

According to the report, chicken is currently the most popular type of poultry in the United States, accounting for more than 80 percent of total production. Americans consumed approximately 91 pounds of chicken per person in 2017. That number is expected to grow in the years ahead as consumers continue to seek out healthier and more affordable protein options.

Turkey production is also growing rapidly, fueled by increasing demand from abroad. The US is now the world's top exporter of turkey meat, with shipments totaling more than $2 billion last year.

The growth in poultry production is good news for farmers and consumers alike. It means more jobs in rural America and greater availability of affordable protein for all.

Poult farmers face difficult decisions amid falling prices

With chicken prices hitting an all-time low, many family-owned poult farms are feeling the pressure to make tough decisions about their businesses.

Prices for domestically raised chickens have fallen by more than 25 percent in the past year, and they don't show any signs of rebounding soon. This has resulted in a number of small poult farmers shutting down their businesses, and even larger farmers are feeling the pinch.

Some farmers are considering reducing the size of their flocks, while others are looking into alternative revenue streams such as raising turkeys or eggs. However, most farmers realize that these options may not be enough to offset the losses they are currently experiencing.

Many experts believe that falling chicken prices are a result of overproduction, which is in turn being driven by cheap imports from countries like Brazil and Thailand. These low-priced imports are putting American farmers at a disadvantage and forcing them to sell their chickens at a loss.

The good news is that there is still a demand for domestically raised chickens, so it's not likely that all poult farms will go out of business. However, those that can survive are going to have to make significant changes to their operations in order to stay afloat.

Chicken, turkey poults scramble for buyers at sale barns

SPARTA, Ky. (AP) - Poultry farmers are finding themselves with more turkeys and chickens than they can handle since the spread of a deadly bird flu led to the culling of millions of birds.

The Kentucky Department of Agriculture has set up eight sale barns around the state to try to unload some of the excess birds. The barns were busy Thursday as farmers from several states brought in live turkeys and chickens and watched them get auctioned off.

The going rate for a live turkey was $1 per pound. A live hen fetched 50 cents per pound.

"Prices are better than I thought they would be," said Ricky Mattingly, who raises chickens and turkeys near Hopkinsville, Kentucky. "I've got too many birds, so I'm trying to get rid of as many as I can."

Mattingly said he normally keeps about 300 turkeys but has about 1,200 now because of the bird flu. He's hoping to unload at least 500 at the sale barn.

The bird flu has hit hardest in the Midwest, where an estimated 48 million birds have been killed or culled since December. The virus is believed to have originated in commercial poultry operations before spreading to backyard flocks and wild birds. There have been no cases of human infection reported.

Poult industry braces for fallout from bird flu

The avian influenza virus, also known as bird flu, continues to spread throughout the world, leading to mass culling of poultry and tightened biosecurity measures by governments and industry alike. The latest strain of the virus, H7N9, has caused considerable alarm in the poultry industry, as it is highly pathogenic and has a high mortality rate in chickens.

Poultry processors have responded to the threat of bird flu by increasing their biosecurity measures and sourcing poultry from countries that are considered low risk for the virus. In addition, processors have been working with their suppliers to ensure that all chicks delivered to processing plants are tested for the presence of the virus.

These precautions have come at a cost to the poultry industry, which is already struggling with depressed prices due to oversupply. The increased biosecurity measures have resulted in longer turnaround times and higher costs for processors. The added cost of testing chicks for the presence of bird flu has also increased production costs and will likely result in higher prices for consumers.

The poultry industry is hoping that the spread of bird flu can be contained before it causes further damage to an already struggling industry.

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