Mexican broiler production to increase
Mexican broiler production in 2007 is forecast to be
2,641,000 mt, 2.5% more than the estimated 2,576,000 mt in 2006.
The US Foreign Agricultural Service
(FAS) reported that Mexico will likely
export 454,000 mtof broiler products to the United States this year. It raised
estimates for US imports in 2007 by only 7%, as demand for leg quarters and
mechanically separated chicken for further processed products has increased more
than previously expected.
The five-year safeguard for US chicken leg quarter imports will expire on
January 1, 2008, with the import tariff dropping to zero. This year the duty for
over-quota chicken leg quarters is 19.8%. Some retail grocery chains are
importing whole chickens, which they cut up for sale. The FAS expects this trend
will continue in 2009.
Despite higher prices for poultry and reduced purchasing power for certain
consumers, poultry prices remain more competitive than beef and pork.
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