USDA’s December 2024 Cold Storage report showed that the total chicken stocks were down nine percent from last month and seven percent from last year. Total chicken stocks were up one percent from the prior month but down eight percent from 2023.

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USDA’s Agricultural Marketing Service (AMS) purchased chicken products for its child nutrition and other related domestic food distribution programs.

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USDA’s December 2024 World Agricultural Supply and Demand Estimates (WASDE) report showed that broiler production was raised for the third quarter, but there were no changes in the fourth quarter. Additionally, the export market is raised for 2024 based on recent trade data and 2025 based on high production.

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CPI increased by 2.7 percent, DOL reports

On December 13, 2024, in Consumer Price Index, by Josh Ricken

According to the Consumer Price Index (CPI), the index has increased 0.3 percent since November and 2.7 percent over the last year.

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The Producer Price Index (PPI) representing the data accumulated over November 2024 was released this week. The report showed that the final demand index rose 0.4 percent in November and three percent over the course of 12 months.

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USDA’s November 2024 Chickens and Eggs report showed that broiler-type chicks hatched during October 2024 totaled 845 million, up three percent from October 2023. Eggs in incubators totaled 723 million on November 1, 2024, an increase of six percent from the prior year. Additionally, leading breeders placed 8.06 million broiler-type pullet chicks for future domestic hatchery supply flocks during October 2024, which was an increase of one percent from the prior year.

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USDA’s November 2024 Poultry Slaughter report indicated that the total ready-to-cook (RTC) weight for poultry certified wholesome increased by four percent from the prior month and two percent from last year.

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