Poult Consumption on the Rise

The demand for poultry is on the rise and there are many factors attributing to this trend. According to the National Chicken Council, Americans ate an average of 82 pounds of chicken per person in 2017, up from 75.8 pounds per person in 2016.

What is driving this increased demand? There are many reasons, but some of the most notable include:

-Busy lifestyles: Consumers are looking for quick and easy meal solutions and poultry fits the bill. It's a lean protein that can be cooked in a variety of ways, making it a versatile option for any time of day.

-Health and nutrition concerns: Poultry is a healthy source of protein, with lower fat and cholesterol levels than red meat. Protein is an important nutrient for athletes and people who are trying to lose weight, so the increasing popularity of poultry makes sense.

-Sustainability: Poultry production is more sustainable than other types of livestock farming. Chickens require less land and water than other animals, making them a more environmentally friendly choice.

The popularity of poultry isn't going away anytime soon, so processors need to ensure they are able to meet the growing demand. What does this mean for your business? It's time to consider expanding your production facilities or working with a partner who can help you do so. Contact us today to learn more about our poultry processing services.

Poultry Farms Increasing Output to Meet Demand

There has been an increased demand for poultry products in the last few years. This can be attributed to the growth of the fast-food industry and changing dietary habits of people around the world. The increased demand has led to a corresponding increase in the output of poultry farms.

The poultry farming sector is booming, and there are opportunities for investors to tap into this market. There are also opportunities for farmers who want to venture into this business. However, it is important to understand the dynamics of the poultry farming sector before investing in it.

One of the main challenges that poultry farmers face is meeting the ever-growing demand for their products. In order to meet this demand, they need to increase their production capacity. They can do this by expanding their operations or by installing new processing and packaging facilities.

Another challenge that poultry farmers face is controlling costs. They need to ensure that their operations are profitable while keeping expenses low. This can be done by optimizing production processes and cutting costs where possible.

Poultry farming is a lucrative business, and it is likely to grow even more in the future. Farmers who are looking for new opportunities should consider venturing into this sector.

Imports Up as American Chicken Prices Continue to Climb

U.S. chicken prices continue to increase as the industry struggles to keep up with demand. Currently, a kilogram of boneless, skinless chicken breasts cost an average of $10.02 in the U.S., up from $7.47 in 2009, according to data from the Agricultural Marketing Service. The import volume of poultry to the U.S. has increased by 16 percent this year as a result, with China making up much of that growth.

While U.S. producers are benefiting from the high prices, they are also struggling to keep up with production levels needed to meet current demand. In October, wholesale prices for chicken were at an all-time high, prompting some restaurants like Dunkin' Donuts and Papa John's Pizza to increase menu prices.

The bird flu crisis in Asia is one reason for the surge in demand and corresponding price increases in the U.S.. The virus has killed millions of chickens and other poultry in countries like Vietnam, South Korea, and China, resulting in a reduced global supply and higher prices for imported poultry products.

According to Rajiv Singh, a senior economist at Moody's Analytics, "chicken is a more expensive meat now because it's in short supply... We're likely going to see these higher prices persist for at least another six or 12 months."

Consumers Flock to Poultry as Prices Drop

Americans' love affair with chicken is continuing, as prices at the grocery store fall. From January to October 2017, per capita consumption of chicken grew by 2 percent, reaching an all-time high of 84.5 pounds, according to the National Chicken Council's (NCC) 2018 Chicken Industry Outlook report.

The trend is largely due to declining prices for poultry products at the grocery store. The average price paid for whole chickens dropped from $1.31 per pound in 2016 to $1.24 per pound in 2017, and the average price paid for chicken breasts fell from $3.05 per pound to $2.86 per pound over the same period, according to Bureau of Labor Statistics data.

Declining prices have been a boon to consumers but a challenge for producers. The industry is expected to see a slight decline in production this year as a result, according to NCC economist Steve Meyer.

"In response to lower prices, producers are selling more product into the retail market and export market, but they are also holding more product in inventory," Meyer said in a statement accompanying the report. "This should help keep inventories from getting too tight and boost production slightly in 2019."

A similar trend is happening with turkey, as prices have fallen by about 10 percent over the past two years, according to data from the National Turkey Federation (NTF). Per capita consumption of turkey is expected to reach a record-high 15.6 pounds this year, up from 15 pounds last year and 14.3 pounds five years ago.

Experts say falling prices are likely due to increased competition in the meat sector and an oversupply of poultry products on the global market. tariffs on imported steel and aluminum that have been imposed by the Trump administration could also be contributing to lower prices as they make it more expensive for processors to buy raw materials such as metal wires used in cages that house chickens and turkeys.

Is the Poult Industry Heading for a Bust?

The poultry industry has been growing rapidly in recent years, but there are signs that it may be heading for a bust. The biggest problem is the overproduction of eggs and chicken meat, which has driven prices down and resulted in large losses for farmers.

This problem was highlighted in a report released by the U.S. Department of Agriculture (USDA) in February 2017. According to the report, the poultry industry lost $1 billion in 2016, and this is likely to continue into 2017. This is a major concern, given that the poultry industry is one of the largest agricultural industries in the United States.

The main reason for the overproduction of eggs and chicken meat is the growth of factory farming. Factory farms are able to produce eggs and chicken meat more cheaply than small-scale farms, so they have been increasing in size and number.

This rapid expansion has created a glut of eggs and chicken meat on the market, which has pushed prices down to levels that are not sustainable for most farmers. As a result, many farmers are finding it difficult to stay in business, and there have been several bankruptcies in recent years.

It is important to note that not all farmers are affected equally by this problem. Factory farms are doing well because they can produce eggs and chicken meat more cheaply than small-scale farms. But small-scale family farms are struggling because they can't compete with the lower prices offered by factory farms.

There have been some attempts to address this problem, but so far they have had little success. The USDA has tried to help farmers who are struggling by buying up their surplus eggs and chicken meat, but this has done little to reduce the overall surplus.

Moreover, the Trump administration has proposed significant cuts to the USDA's budget, which would make it difficult for them to continue these programs. In light of these problems, it seems clear that the poultry industry is headed for a bust unless something is done to address the overproduction of eggs and chicken meat