Most broiler parts prices are expected to sustain “some downward price pressures” in the months ahead as USDA has revised upward its outlook for broiler production and stocks, according to this month’s edition of the “Livestock, Dairy and Poultry Outlook” report from USDA’s Economic Research Service (ERS). 

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Cost structures of Brazilian and U.S. broiler production are similar, largely because feed costs in both countries are closely linked to global corn and soybean prices, but increasing costs are eroding Brazil’s advantages, according to a new report entitled  “Brazil: Competitive Factors in Brazil Affecting U.S. and Brazilian Agriculture Sales in Selected Third Country Markets” by the U.S. International Trade Commission.

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