Chicken production cutback plans continue to intensify as the 6 week moving average for broiler egg sets is now 7.3% less than the previous year and the lowest level for the date since 2002. Chicken production this winter could trend close to 5% below prior year levels. This factor and seasonal upward pressure

may lead to significant chicken breast market increases. The last time broiler egg sets trended below the prior year level during the fall (2006) the boneless skinless chicken breast market rallied 21% higher from December 1 through the end of January. The wing markets are firm.