“Moderating weight gain” for broilers will likely result in slightly lower broiler production this year when compared with last month’s estimates, according to USDA’s “World Agricultural Supply and Demand Estimates” report issued today by the Department’s World Agricultural Outlook Board. Analysts now see the 2011 broiler production being 37.020 billion pounds, 24 million pounds less than last month’s estimate and 1.4 percent more than the 36.516 billion pounds in 2010. The Board also trimmed its estimates for broiler exports this year, reducing the estimates to 6.550 billion pounds, 100 million pounds under last month’s estimate and 3.3 percent less than the 6.773 billion pounds last year. Ending stocks for this calendar year were reduced to 630 million pounds compared with 773 million pounds at the end of 2010.
Beef production for 2011 is now estimated at 26.197 billion pounds, 20 million pounds more than last month’s estimate and 0.8 percent less than the 26.419 billion pounds of beef produced in 2010. Estimated pork production also received a slight increase by the analysts. USDA now expects 22.616 billion pounds of pork, 30 million pounds more than last month’s and 0.7 percent above the 22.458 billion pounds last year.
Combined poultry and meat production this year is now likely to be 92.230 billion pounds, 16 million pounds more than last month’s outlook and 0.5 percent higher than the 91.778 billion pounds in 2010. Total poultry and meat consumption on a per capita basis is likely to be 208.0 pounds this year, little changed from last month and 0.6 pounds less than the 208.6 pounds consumed in 2010.
