Broiler sets up on year, placements down

Broiler sets up on year, placements down

Broiler hatchery numbers were mixed last week.

The USDA says 240.001 million broiler type eggs were placed into incubators, slightly less than the previous week, but up 1% on the year, implying a larger supply of chicks later this month.

The average hatchability declined, falling below 80%.

Broiler type chicks routed into meat production were 183.731 million head, a drop of 7.373 million on the week and 2% lower than last year, which means a tighter supply for consumers starting in late February and early March.