USA: Broiler market review for week 4 from January 29, 2024

 Over the week, the cost of broilers fell by 0.6%, while sales increased by 297 thousand pounds. Regionally, price declines were recorded in all regions, with the maximum drop in the central regions of the country. 

Average prices for chicken cuttings showed a positive adjustment against the backdrop of rising prices for all items except drumsticks.  

Dynamics of prices and sales volumes of broilers

Weighted average price for broilers by region

Region

Weighted average price, cents/pound

Sales (thousand pounds)

Week 3

Week 4

Weekly growth,%

Week 3

Week 4

Weekly growth,%

Oriental

127.62

127.09

-0.4%

4,558

4,736

3.9%

Central

120.33

119.16

-1.0%

3 340

3 349

0.3%

West

140.11

138.86

-0.9%

2,890

3,000

3.8%

Dynamics of prices for chicken cutting

Weekly reviews are available free of charge as part of a subscription to monthly analytics of Russian MEAT markets.