Global chicken production forecast 1 percent higher - USDA
2023 production is forecast at 103.4 million tons
24 April 2023
1 minute read
By: Global production is forecast 1% higher in 2023 to 103.4 million tons, mostly on gains by Brazil and the United States but also Thailand, Mexico, and Turkey, according to a recent global forecast report from the US Department of Agriculture.
Although feed prices remain elevated, lower expected corn and soybean prices in 2023 will buoy production in most countries. Brazil production is forecast 3% higher to a record of 14.9 million tons on firm foreign demand partnered with lower costs of production.
Production gains in Thailand and Mexico are buoyed by strong domestic demand while Turkey continues to benefit from robust regional demand. China production is forecast unchanged at 14.3 million tons as gains in white feather broiler offsets a comparable decline in yellow feather broiler production.
