Record broiler output in 1975
'ON, D.C. - seasonally during the second
turkey meat half of 1976 and average near
summer will a year ago, according to
1 above a year USDA.
, output may be This year’s egg production
larger. Broiler was up about one per cent
markets may' through April. The increase
seasonal price reflects the extra -day in
, prices are not February (due to leap year)
match those of a and * higher rate of lay;
Prospects are layers numbers were down
tees to increase one per cent. On May 1 layer
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numbers were still one per
cent below May 1, 1975.
The size of the laying flock
likely will increase relative
to 1975 after midyear as
more replacement pullets
become available. Egg-type
chicks hatched during
January-April for laying
flock replacements this
summer and early fall were
up six per cent from 1975. In
addition, large numbers of
old layers were again force
molted this spring. The
second half rate of lay also
will likely continue to run
above a year earlier. Thus,
egg production during the
second half of 1976 is ex
pected to average one to two
per cent above the reduced
levels of last year. ~
Wholesale egg prices
dropped as expected after
Easter but less than normal.
Prices strengthened
unexpectedly in late April
and early May as market
egg supplies tightened. The
lag in egg supplies likely
resulted from a large
number of old layers being
force molted immediately
after Easter, an increase in
breaking activity, and the
destruction by fire in late
April of an entire egg
production complex of over a
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* * i _v ,
million, layers in South
Carolina.-Wholesale prices
for Grade A large eggs at
New York advanced to 63
cents a dozen by May 11,
before turning down again to
average 52 cents a dozen on
May 25. Egg'prices likely
will increase seasonally this
summer and may average,
near or slightly below year
earlier levels during the
second half of 1976.
Broiler meat output in
federally inspected plants
diving January-March rose
15 per cent above 1975 to
record levels. Broilers
marketed were up 14 per
cent and the average
liveweight gained one per
cent. Weekly slaughter and
chick placement reports
indicate that April-June
output will be up around 12
per cent. And the number of
eggs currently being placed
in incubators indicates
producers plan to maintain
production well above 1975
through the remainder of
1976. However, the increase
over 1975 likely will narrow
some after midyear.
Wholesale broiler prices in
nine cities during January-
May averaged about 42 cents
a pound but the weekly price
ranged from a low of 39 cents
ZIP..
Lancaster Farming, Saturday. June 19.1976—15
to a high of nearly 45 cents.
Prices likely will show a
small seasonally increase
during the summer but may
still only average in the low
to mid-40’s. Price rises will
be limited by large broiler
supplies and larger than
year-earlier supplies of
competing meats.
Price prospects for broiler
producers, likely will be a
little less favorable next fall
if total supplies of competing
prok and beef become more
plentiful at the time con
sumer demand for broiler
meat weakens seasonally.
Historical relationships and
expected prices of com
peting meats indicate
wholesale broiler prices of 38
to 40 cents if broiler output is
increased around eight
percent (as now seems
probable). The same
relationshin would indicate
that if per capita broiler
meat consumption were to
hold at the same level as in
October - December 1975, the
nine-city price for broilers
would be expected to
LANCASTER FARMING
FOR FULL
MARKET REPORTS
average 42 to 44 cents a
pound, compared with the 45
cents of a year earlier.
Turkey output in federally
inspected plants through
March was up 24 per cent, a
19-percent advance in
numbers and a five per cent
gain in average weights.
Output will continue well
above a year ago but the
percentage increase will
drop sharply after mid-year.
New York wholesale
pricesior 6 to 16 pound young
hen turkeys during January-
March averaged 49.5 cents a
pound, nearly one cent above
a year earlier. Prices
weakened in April but have
strengthened in recent
weeks and should average
near the first quarter in
Apnl-June. Prices likely will
strengthen in coming months
and average in the low to
mid-50-cent-range during the
summer and fall. Larger
turkey production and large
supplies of competing meats
• will hold turkey prices below
year-earlier levels during
the balance of 1976.
READ