Moderate growth for Canadian chicken production forecasted - GAIN
Steady demand driving growthCanadian chicken meat production is forecast to show moderate growth in 2024, based on a steady demand for this protein source, according to a recent US Department of Agriculture Global Agricultural Information Network report.
In 2023, the chicken sector continued to face production challenges due to tight supplies of hatching eggs and day-old chicks, as HPAI disproportionately impacted breeder and hatching farms.
With domestic production below planned levels, and favourable international prices, chicken imports are expected to stay strong throughout 2023.
In 2024, import tariff rate quota (TRQ) volumes will approach 119,000 metric tons, with the United States expected to maintain more than 80 percent share of total Canadian chicken meat imports.
In 2023, Chile was the first country to take advantage of CPTPP TRQ volumes, although shipments halted in spring following HPAI detection.