Mississippi

Mississippi’s poultry took an estimated 23% loss in value in 2023

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Even though production was strong, a failure to meet the previous year’s record-high prices was responsible for the hit.

MISSISSIPPI (WCBI) – Mississippi’s poultry took an estimated 23% loss in value in 2023.

Even though production was strong, a failure to meet the previous year’s record-high prices was responsible for the hit.

Poultry generated an estimated $3.1 billion for Mississippi agriculture in 2023, down from the $3.9 billion generated in 2022.

Eggs had the largest decline, dropping 30%.

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With this farm gate value, poultry kept its top spot in Mississippi agriculture, above soybeans at $1.6 billion and forestry at $1.5 billion.

The U.S. Department of Agriculture will release final values next April.

Josh Maples, with the Mississippi State University Extension Service, says the decreased value does not mean 2023 was a bad year.

The state is 13th nationally in egg production, and 2023’s decrease in egg value was also caused by exceptionally high egg prices in 2022.

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