Livestock Marketing Information Center

Current Situation and Analysis
Last Updated: 5/23/2016
CHICKEN HATCHERY OUTPUT DECLINES

            Chicken egg sets in hatcheries generally ran below a year earlier during March and April.  Data for the latest week (week ending May 14th) showed a 1% year-over-year decline.  Declines compared to 2015’s have been registered for five of the last six weeks.  As of April 1, broiler-type layers in hatcheries were unchanged from a year earlier.  Placements of pullet type chicks for broiler-type layer replacement during the 7-15 months prior to April 1 were 7% above a year ago. The same count for May 1 showed an 8% increase.


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U.S. BEEF PRODUCTION HEAD TO 2012-13 LEVELS

         Here we will look at the direction of U.S. beef production for the next two years and draw some cattle price implications.  This year, the Livestock Marketing Information Center (LMIC) projects commercial U.S. beef production will be just over 24.6 billion pounds, up about 4% from 2015’s.  In 2017, beef production is forecast at just over 25.7 billion pounds, an increase of 3% to 6% from 2016’s.  If realized, in 2017 U.S. beef production would be essentially equal to 2013’s and the largest since that year.  In 2012 production was 25.9 billion pounds.           


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MAY 1 HAY STOCKS AND MARKET UPDATE

            U.S. May 1 hay stocks, reported by USDA-NASS in their May Crop Production report, were the largest since 2005 at 25.14 million tons.


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