The Poultry Site – The poultry industry is a vibrant industry, mature, yet ever changing, according to Mike Donohue of Agri-Stats at the American Veterinary Medical Association (AVMA) / American Association of Avian Pathologists (AAAP) annual meeting in Chicago in July 2013. Industry returns have been very volatile in recent years as producers have dealt with rapid and continuous increases in feed cost which currently represents 70 per cent of total live production cost.
Producers have been able over time to increase their prices to the consumers but this has also been under pressure given recent economic conditions in the US and around the world. Per-capita consumption of animal protein has decreased over the last five years after over 40 years of continuous increases in demand, both domestic and export.
What should be undisputed is the evidence of continuous improvement in production efficiencies in chickens, turkeys and commercial layers, improvements that have allowed the industry to reduce production costs through greater efficiencies in all areas of production. … >>Continue Reading<<Source: The Poultry Site, 6th August, 2013 Labex Korea on Twitter