Total broiler production in 2020 was 44.57 billion pounds, up 1.5 percent over 2019 despite the COVID interruptions to slaughter facilities. This is the 18th year out of the last 20 where year-over-year broiler meat production increased. The two exceptions were in 2009 and 2012, which were impacted by high feed prices.
Reviewing the most recent annual SEC 10-K financial reports, chicken companies are advising about the impact of feed costs:
10 percent increase in corn and soymeal related to approximately $300 million in increased costs $0.10/bushel increase in corn or $10/MT increase in soybeans equates to roughly $25 million in EBIT
Of course, the impact of feed prices depends on the purchasing and hedging of feed costs. Taken on...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
