USDA: Higher feed costs take toll on production 29 Aug 2008
The US Department of Agriculture (USDA) recently released its Agricultural
Outlook Report.
The report states that higher broiler meat unit values will offset a slight
volume decrease, leaving export value unchanged at $3.2 bln.
Higher feed costs will take its toll on domestic production, and demand
from major markets could soften.
The fiscal 2009 forecast for the livestock, dairy, and poultry imports
together has been boosted by $200 mln, to $12.4 bln.