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USDA International Egg and Poultry


10 January 2013

USDA International Egg and Poultry Review - 9 January 2013USDA International Egg and Poultry Review - 9 January 2013


USDA International Egg and Poultry

US Leg Quarter (LQ) Cold Storage Holdings (‘000 Pounds)
Compared with USDA Leg Quarter Prices (US $/Pound)

Note: XP LQ $/LB = USDA FAS Export Leg Quarter Prices per Pound. DOM LQ $/LB = USDA LPGMN Domestic Leg Quarter Prices per Pound. Source: USDA NASS/Department of Commerce, US Census Bureau, Foreign Trade Statistics/USDA FAS/USDA AMS Livestock, Poultry, & Grain Market News (LPGMN)

From January-October 2012, the top market for US chicken leg quarters (CLQ) was Russia at 205,294 metric tons (MT), 67% higher than the same time a year ago (123,168 MT). Close behind was Angola (141,204 MT), Mexico (109,679 MT), Cuba (100,980 MT), and Kazakhstan (77,844 MT). US CLQ exports totaled 1,532,900 MT from January-October 2012, 18% higher than a year ago (1,298,213 MT). Exports to Angola and Mexico increased significantly in the past few years as exports to Russia and China declined. Despite these increases the US still has a few pending and potential trade obstacles to contend with. First, the US still awaits the imposition of antidumping duties on US CLQ (HS0207.13.03 and HS0207.14.04), which Mexico put on hold July 31, 2012 after prices increased from an outbreak of H7N3 avian influenza. At present, Mexico has not imposed any duties, however the issue remains active. Other obstacles include the possible impacts of increased container rates effective January 2013 and the current unresolved longshoremen strike along US coasts.

Top US Leg Quarter Exports Markets by Volume in 2012*
(Thousand Metric Tons (TMT))

Note: All data is January-December except 2011* and 2012*, which is January- October. HS Code 0207140010. % = Percentage change from 2011* to 2012*. UAE = United Arab Emirates.

Russian Ruble (RUB) Value against US Dollar (USD) with US Chicken Leg Quarter Exports (MT)

Mexican Peso (MXN) Value against US Dollar (USD) with US Chicken Leg Quarter Exports (MT)

Note: All data is January-December. The average December 2012 currency exchange for 1 USD = 30.6727 RUB. 1 USD = 12.8729 MXN. Source: Department of Commerce, US Census Bureau, Foreign Trade Statistics/USDA FAS/Oanda FX Trade.

Top US Leg Quarter Export Markets by Value in 2012* (Millions of Dollars)

Note: All data is from January-December except 2011* and 2012*, which is January-October. % = Percentage Change from 2011* to 2012*. UAE = United Arab Emirates.

Percentage of US Leg Quarter Exports by Volume to Top Destinations in 2012*

Note: All data is January-December except for 2012*, which only includes exports from January-October 2012.
Source: USDA FAS

January 2013

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