Tridge summary
Turkey hatchery numbers for May have seen a significant decrease compared to the previous year, with a 16% drop in eggs in incubation and an 8% decrease in poults hatched. This decline is part of a larger strategy by producers to improve profitability. As a result, the net number of poults placed into meat production also saw an 8% decrease. Despite these challenges, there has been a 2% increase in poults hatched and placements compared to April. The USDA will provide its next updated annual turkey production projection on July 12th.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Turkey hatchery numbers for May were down sharply on the year as producers continue their efforts to improve profitability.The USDA says the number of eggs in incubation at the start of June fell 16% from last year to 23 million, while the number of poults hatched during May declined 8% at 21.8 million head.The net number of poults placed into meat production was also 8% below a year ago at 20.6 million due to a reduction in laying birds ...
Source: Brownfield Ag
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