USDA’s October 2024 poultry slaughter report indicated that the total ready-to-cook (RTC) weight for poultry certified wholesome increased by one percent from September 2023.

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USDA’s October 2024 World Agricultural Supply and Demand Estimates (WASDE) report raised the forecast for 2025 for broiler products due to a higher price outlook due to an increase in overall demand.

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The Consumer Price Index (CPI) reported that the all items index increased 2.4 percent before season adjustment over the last twelve months. The Federal Reserve’s targeted annual inflation rate is two percent.

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The Producer Price Index (PPI) reported that final demand prices advanced 0.2 percent in August and were unchanged in July. On an unadjusted basis, the index for final demand rose 1.8 percent for the 12 months ended in September.

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In the aftermath of Hurricane Helene, various NCC member companies, including Tyson Foods, Wayne-Sanderson Farms, Perdue Farms, and Mountaire Farms, have been working with affected communities to provide relief, support, and supplies.

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USDA’s September 2024 Chickens and Eggs report indicated that broiler-type chicks hatched increased by three percent from August 2023. Eggs in incubators increased by four percent compared to last year. Leading breeders placed 8.7 million broiler-type pullet chicks for future domestic hatchery supply flocks, representing a six percent increase from the prior year.

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USDA’s September 2024 poultry slaughter report indicated that the total ready-to-cook (RTC) weight for poultry certified wholesome decreased four percent from August 2023 to August 2024.

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