· Hot weather is the theme for this week’s poultry industry. The excessive heat is lowering bird weights while in extreme situations killing thousands of birds.
· Demand is still soft, but the other variables are keeping supply limited.
· Leg, thigh meat, and tenders are the items with biggest demand and limited quantities, while breast meat and wings are in decent shape.
· Going forward greater cut backs should actually be in store over next few weeks and should limit poultry supplies into Labor Day.
· If the hot weather continues, the perfect storm could be brewing for month of September.
· A cautious optimism is the current tone heading into August.
