Poultry & Egg Production
Brief Excerpt from Industry Overview Chapter:
Companies in this industry breed, hatch, and raise poultry for meat or egg production. Major companies include Perdue Farms, Foster Farms, and Tyson (all based in the US) as well as JBS and BRF (Brazil), Charoen Pokphand Foods (Thailand), Guangdong Wen's Food Group and New Hope Group (China), and Industrias Bachoco (Mexico).
Demand is driven by food prices and consumption trends. The profitability of individual farms depends on efficient operations and anticipating market demand. Large companies have advantages in vertically integrated operations and economies of scale. Small operations can compete effectively by specializing in certain breeds, supplying local markets, or raising humanely treated or hormone-free animals. The US industry is concentrated: the top 14% of companies account for about 75% of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Revenue for the industry in the US comes primarily from chickens (about 70% of industry value of production), eggs (about 20%), and turkeys (about 10%).
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