The last year has been one of change. We have a new administration, which includes a new acting undersecretary for food safety and a new acting administrator.
This year, the turkey industry hopes fall will be a season in which it finally begins to shake the after-effects of market disruption that dates back to the 2015 highly pathogenic avian influenza (HPAI) outbreak.
The U.S. chicken industry is poised to set production records by the end of 2017, and based on the upward momentum in egg sets and chick placements, it’s hard to envision 2018 not exhibiting further production gains.
Barring a disruptive event, 2018 should be another Goldilocks year for chicken producers/processors. “Not too hot, not too cold” characterizes chicken market conditions for 2017 with indicators pointing to a repeat situation in the New Year.
With pork production expected to be up more than 12 percent in 2017, abundant supplies mean pork will continue to be a good value for both retailers and consumers.
With the domestic beef cattle herd expansion and steady increases in supply, the state of the beef industry is evolving and there is reason for optimism moving forward.
Demand for meat packaging in the United States stands at $5.1 billion and will grow steadily through 2021, predicts a report from The Freedonia Group, in Cleveland, Ohio.