By Jamie Martin
The USDA's recent reports reveal a concerning drop in turkey production, with May figures showing a 9.6% decrease compared to 2023. This decline, detailed in the July Livestock, Dairy, and Poultry Outlook, is partly attributed to the Highly Pathogenic Avian Influenza (HPAI), which continues to impact poultry farms significantly.
Turkey slaughter rates also fell by 11.8%, despite an increase in average turkey weights, which prompted a slight upward revision in production estimates for the first half of the year. Nonetheless, production remains 5.3% lower than the previous year.
The central flyway, a major migratory path for wild birds, has been a hotspot for HPAI outbreaks, contributing to the loss of 1.2 million turkeys in 2024 alone.
The sector faces additional challenges as egg incubator counts hit a record low in June, signaling potential future production difficulties. With reduced turkey production and ongoing risks from HPAI, the USDA projects a 4.5% decrease in total turkey production for 2024.
Wholesale prices reflect these trends, with the average price per pound dropping significantly from last year. This downturn could influence market dynamics as Thanksgiving, a peak season for turkey consumption, approaches.
Photo Credit: usda
Categories: National