PoultryUSA - August 2018 - 10
10 ❙ WATTPoultryUSA
Expansion, while favorable for opportunities, was not so for future conditions. Coupled with increased production from existing facilities, many
predicted lower prices. Abundant cold
stores and competitive proteins contributed, as did increased fuel prices
and conversions to higher-cost, noantibiotics-ever rearing methods.
Profit concerns from last quarter were once again apparent with
the Future Profits Index below the
100-point mean for the first time since
the fourth quarter of 2016. The primary culprit was overproduction of all
❱❱NEXT ON THE PLATE
proteins. Decreased usage of chicken
as we move out of the summer grilling
season was another common concern.
NUMBERS FROM JULY
2018 WASDE REPORT
Confidence in the U.S. poultry market remained high, part of
an extended period of optimism.
Concern was expressed about future
conditions and profits, mainly due to
potential overproduction of chicken
and competitive proteins. Results
from next quarter will play a pivotal
role in determining the true nature
of these trends. ■
The U.S. Department of Agriculture
(USDA) releases its World
Agricultural Supply and Demand
Estimates (WASDE) report each
month, and that report always includes a lot of interesting statistics.
Whether your primary area of
interest has to do with a particular
crop, livestock species or poultry
species, it is well worth perusing.
Greg Rennier, Ph.D., is president of Rennier Associates Inc. To contact
Rennier, email email@example.com.
Poultry growers, processors, and
retailers need non-antibiotic solutions
to meet today's consumer demands.
Original XPC™ works naturally with the
biology of the bird to help maintain
A strong immune system promotes:
3Animal health & well-being
3More efficient production
3Safer food from farm to table
Immune Strength for Life™
B U I L D I N G O N
D I A M O N D V
For more information, visit www.diamondv.com
www.WATTAgNet.com ❙ August 2018