CHICKEN TRENDS

Farmer's Report

Chicken Trends - May 29, 2020

Poultry market information from the week of May 25, 2020.

According to reports, plants are making great strides toward running at full capacity.

This week, movement in the poultry categories varied, with the jumbo breast market continuing its downward trend.

BROILER-TYPE EGGS SET IN THE UNITED STATES down 2%

Hatcheries in the United States weekly program set 231 million eggs in incubators during the week ending May 23, 2020, down 2% from a year ago. Average hatchability for chicks hatched during the week in the United States was 82.3%. Average hatchability is calculated by dividing chicks hatched during the week by eggs set three weeks earlier.

**Starting in 2018, the 19-State totals have been discontinued.**

BROILER-TYPE CHICKS PLACED IN THE UNITED STATES down 5%

Broiler growers in the United States weekly program placed 180 million chicks for meat production for the week ending May 23, 2020, down 5% from a year ago.

Cumulative placement from week ending January 4, 2020 through May 23, 2020 for the United States were 3.89 billion.

Cumulative placements were down slightly from the same period a year earlier.

** Starting in 2018, the 19-State totals have been discontinued. **

WHOLE CHICKEN & CUT-UP PARTS

Analysts report that small bird supply versus demand is pushing pricing upward. The market for larger-size whole birds and WOGs is in an oversupply position.

BONELESS, SKINLESS BREASTS & CHICKEN TENDERLOINS

The select/small and medium markets were unchanged this week. Spot load offerings have declined slightly, but still bring premium pricing. Analysts expect these markets will trend flat to upward in the near term. The jumbo breast market moved downward this week as a result of increased supply and lower demand. Analysts expect this trend to be short-lived, but for the near term we should expect this market to trend flat to downward.

This week, select/small and jumbo tenders moved higher. Analysts expect these markets will trend flat to upward in the near term. Spot load offerings have declined this week with asking prices moving up.

WINGS

This week, small, medium and jumbo wing markets were unchanged. Analysts predicted that these markets will trend flat to upward in the near term. Spot load offerings have declined this week with asking prices moving up.

BONELESS, SKINLESS THIGHS

The boneless, skinless thigh meat market moved higher this week. Spot offerings of boneless thighs are limited with upward asking price.

The data contained in the Farmer’s Report is provided for informational purposes only, is not tailored to your specific purchasing needs, and is not intended as a substitute for any other publicly-available market data or information. The Farmer’s Report is compiled from the last-received market data provided by the United States Department of Agriculture (USDA) and/or other market sources, and is subject to change without notice. Nothing herein is the opinion of US Foods®. US Foods neither assumes any legal liability nor makes any warranty or guaranty, either express or implied, regarding the completeness, accuracy or usefulness of this information.