Broiler production forecast increased for first quarter

Wholesale prices for broiler meat are moving in different directions.

The latest “Livestock, Dairy & Poultry Outlook” from the U.S. Department of Agriculture’s Economic Research Service reported that 2016 broiler production through the week ending March 5 was higher than expected, with a 3.4% year-to-date increase, according to preliminary data for ready-to-cook meat.

The data showed 2% more birds slaughtered in 2016 than in 2015 and reported average liveweights at slaughter at record levels again. On this basis, USDA increased the first-quarter

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