Philippines chicken production forecast to rise 4% in 2025
Chicken meat production to reach 1.63 million metric tons
17 December 2024
2 minute read
By: The USDA Foreign Agricultural Service (USDA-FAS) post in Manila forecasts 2025 chicken meat production to reach 1.63 million metric tons (MMT) ready- to-cook (RTC), according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report.
The forecast is nearly 4% compared to 2024. Despite high operating costs, primarily due to high domestic corn prices, the chicken meat sector rapidly expanded in the first and second quarters of 2024.
FAS Manila anticipates that this growth will generate positive momentum for 2025.
The recent decline in imported soybean meal prices, another major component of the broiler feed ration, will carry into 2025 and help offset some of the corn cost in the ration overall.
Additionally, FAS Manila revises the 2024 production estimate up to 1.57 MMT RTC as the remaining areas with highly pathogenic avian influenza (HPAI) in the country decreased. Improvements in biosecurity practices among some broiler operators also contribute to higher production for 2024.
Some industry players, however, expect that tight supply of day-old-chicks (DOC) and hatching eggs will weigh on chicken meat production growth in 2025. The DOC imports in 2024 were lower than same period in 2023, translating to a surge in DOC prices. The limited supply of breeding stock is further applying pressure on the growth potential of the chicken meat sector. Higher prices mean more commercial raisers are willing to load DOCs and turn them into broilers 28-35 days later. The elevated DOC prices will temper production growth in the rest of 2024 and 2025.
