ArrowStream's economists noted in the Maloni Report this week that chicken production has been strong, with the six-week total tracking over 8 percent above year-ago levels. However, while they believe that's expected to continue into the spring, they also warn there is reason for caution.
"The strong production levels have been tempering chicken prices in recent weeks, which is causing the spot producer profitability index to decline. If this trend continues, it could cause producers to slow output growth later this year."