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USDA data shows chicken industry ramping up
Story Date: 7/11/2013
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Source: Rita Jane Gabbett, MEATINGPLACE, 7/11/13
Commercial hatcheries in the 19-state weekly program set 202 million eggs in incubators during the week ending July 6, up 4 percent from the eggs set the corresponding week a year earlier, according to USDA’s weekly Broiler Hatchery report.
Average hatchability for chicks hatched during the week was 84 percent. Average hatchability is calculated by dividing chicks hatched during the week by eggs set three weeks earlier.
Broiler growers in the program placed 168 million chicks for meat production during the week ending July 6, up 2 percent from the comparable week a year earlier.
Cumulative placements from Dec. 30, 2012 through July 6, 2013 for the 19 states total were 4.45 billion, up slightly from the same period a year earlier.
BMO Capital Markets analyst Kenneth Zaslow is predicting that chicken production could rise by 3 percent or more in the second half of this year.
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