On May 10, the Agriculture Department released its first forecasts for 2014, with the biggest change coming to the most important crop. The USDA said corn prices will fall 32 percent to $4.70 per bushel, on average, in crop-year 2013-2014. Sharply lower corn and soy-meal prices are expected to spur higher poultry production. The USDA is projecting broiler prices, which will jump 8 percent to $102 per hundredweight in 2013, to drop 10 percent to $92 per hundredweight in 2014.
All access premium subscription
Why Upgrade your account?
NRN is your one-stop source for foodservice news and business intelligence. Upgrade today and get unlimited online access to all breaking news, in-depth analysis, data and tools. This includes digital versions of NRN flagship reports (Consumer Picks, Top 200) as well as Same Store Sales Data Tables, Quarterly Industry Snapshots and more.
Questions about your account or how to access content?
Contact: Desiree Torres [email protected]
Already a member? Log in.
If you are registered, pleaselog-in to access Premium Content.