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ANALYSIS: July Turkey Exports: Less Is More
As our day-to-day market canvassing efforts have suggested, July’s turkey export figures were a mixed bag with some countries increasing...
U.S. Poultry and Egg Exports Surged in First Half, on Pace for Record Year
The Covid-19 pandemic, an uncertain economy, and logistics problems like port closings and shipping bottlenecks haven’t slowed the tremendous demand for U.S. poultry and eggs around the world.
Exports of U.S. broiler chicken and shell eggs set records in the first half of 2021 and are on pace to break all-time marks for the year, according to the USA Poultry & Egg Export Council (USAPEEC), citing government trade data.
Total broiler export volume reached an all-time high for the January through June period, with Mexico, China, Cuba, and Philippines leading the way. Cuba, and Philippines set records for both...
ANALYSIS: June Turkey Exports Run the Gamut
Although four of our largest trade partners continue to display encouraging year-over-year (YoY) advancements in both volume and value, the most recent monthly data through the end of June was a little more mixed...
U.S. Beef and Pork Exports on Record Pace through June
U.S. red meat exports closed the first half of the year on a strong note, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Although volume and value eased from the enormous totals posted in April and May, export value was still the highest on record for the month of June and first-half shipments established a record pace for both beef and pork exports.
“USMEF had expected a continued strong performance in June for both beef and pork exports, despite significant headwinds,” said...
ANALYSIS: May’s Turkey Trade Volume Underscores Global Economic Revival
By just about every measure, the latest turkey export figures bring with them signs of encouragement for turkey marketers, as well as...
Broad-Based Growth Drives U.S. Beef and Pork Exports to New Heights
Fueled by impressive growth in a wide range of destinations, U.S. beef and pork export value shattered previous records in May, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports also reached a new volume high in May, while pork export volume was the third largest on record.
“The outstanding May performance is especially gratifying when you consider where red meat exports stood a year ago,” noted USMEF President and CEO Dan Halstrom. “The industry faced unprecedented, COVID-related obstacles at all levels of the supply chain, and...
Poultry Quarterly Q3 2021: Improving Local Industry Performance, Shifting Trade Flows
The outlook for the global poultry industry continues to improve. This is mainly driven by the reopening of economies as vaccination levels accelerate in developed countries and increase in emerging markets. This will help the recovery of global, regional, and especially foodservice demand, which, on average, makes up one-third of global poultry demand. As supply usually responds slowly to such increases, significant price inflation in 2H 2021 is possible, especially as feed prices remain high and avian influenza has disrupted...
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