International Egg and Poultry Review

US - By the USDA's Agricultural Marketing Service - This is a weekly report looking at international developments concerning the poultry industry.
calendar icon 6 June 2007
clock icon 3 minute read

Note: * Ratites Only; Japan** revisions for both poultry and egg products

Note: PRC* = People's Republic of China; Carib.** = Caribbean countries of Antigua and Barbuda, Aruba, Bahamas, Barbados, Belize, British Virgin Islands, Grenada, Guyana, Jamaica, Saint Kitts and Nevis, Saint Vincent and the Grenadines, Saint-Barthelemy, Trinidad and Tobago, United States Virgin Islands, and User:Jannizz/SKN; Baltic*** = Estonia, Latvia, and Lithuania
Source: USDA FAS

Outlook for US Agricultural Trade

US broiler meat exports for the first three months of 2007 dropped 5% to 1.275 billion pounds from 2006 levels. The decline in exports was credited to the seasonal reduction of shipments to Russia and higher leg quarter prices. First quarter broiler meat exports in 2007 were the third highest on record, despite year-over-year declines during this time frame. The largest importing countries of US broiler meat were Russia, Hong Kong, China, the Baltic countries, the Caribbean countries, and Mexico. Broiler meat exports are forecast to increase 3% in 2008 to more than 5.52 billion pounds. The expected growth is attributable to a favorable US currency exchange rate and growing incomes in importing countries.

First quarter 2007 US turkey meat exports rose 4% to 124 million pounds, due to strong demand from China and the Ukraine. China has increased first quarter turkey meat imports more than 204% year-over-year, while the Ukraine grown over 829%. Mexico is usually the leading exporter of US turkey meat followed by Chinaand Russia, but in the first three months of 2007 shipments to Mexico was off 6% year-over-year. Larger 2007 first quarter exports of turkey meat to Russia (+10%) and Canada (+14%) partially offset Mexico’s lower imports. Projections for 2008 predict US turkey meat exports to rise more than 9% to reach 605 million pounds, due to expectations of a favorable US currency exchange rate and higher importing countries’ incomes.
Source: USDA ERS

Note: Denmark, Germany, and Israel are a summarization of their component countries; PRC** = People’s Republic of China
Source: USDA FAS

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