Even though frozen inventory levels were higher for most broiler parts at the beginning of 2013, the somewhat lower broiler production that is expected during the first half of the year will likely provide adequate market support to move broiler prices higher, especially with lower production also expected for beef products, according to the “Livestock Dairy and Poultry Outlook” report issued yesterday by USDA’s Economic Research Service, (ERS).

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Corn ending stocks are projected by USDA at “dangerously low levels.” Those low levels, coupled with ongoing drought, could send prices soaring or crashing just as they did in 2008 and 2009, when prices rose to record-highs only to crash following the Great Recession, according to Chad Hart, agricultural economist at Iowa State University, in an interview with AgWeb.com.

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Brazilian chicken exports are likely to increase by about 3 percent this year after falling in 2012 because of  high feed costs, the country’s poultry association, UBABEF told Reuters News Service this week.

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Foodservice customer traffic by older consumers (Baby Boomers and Mature Traditionalists) has grown steadily over the past five years while visits from Millennials have declined, according to the NPD Group.

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U.S. total broiler slaughter for the week ending January 19 is estimated by USDA-AMS’s Poultry Market News Service to be 157,765,000 broilers, a 7-percent increase from the same week a year earlier.

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