Broiler production is raised on current slaughter and hatchery data, according to USDA’s latest World Agricultural Supply and Demand Estimates (WASDE) report.

Broiler export forecasts for 2022 are raised on recent trade data while 2023 exports are unchanged.

The report estimated 93.3 million acres of corn planted through December 2022 and is projecting 88.6 million acres for 2023. 2022 yield is 176.7 bushels per acre and 2023 is projected to be 172.3 bushels per acre.

USDA estimated 87.2 million acres of soybeans planted through December 2022 and is projecting 87.5 million acres for 2023. 2022 yield is 51.7 bushels per acre and 2023 is projected to be 50.2 bushels per acre.

The full report can be viewed here.

 

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