The broiler production is looking strong for the new year. Chick hatching for placements in October was up 6 percent year-over-year. That’s the largest increase since May, when year-over-year comparisons reflected the height of the COVID disruptions in 2020. It takes about seven weeks for those chicks to reach slaughter.
Weekly egg sets have averaged about 4 percent above 2020 levels since April; egg sets are about a 10 week lead time to slaughter, but as we reported on 12 October, there has been a fertility problem in the broiler industry. The hatchability of egg sets has been running below last year. Simply, hatchability is calculated by dividing chicks hatched during the week by eggs set three weeks earlier. ...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
