US broiler exports and production down, prices strengthening
US broiler exports in April were 441 million pounds, down 6 percent
from April 2005.
The decline is largely due to lower shipments to Russia, the largest US
market broiler market. Exports to Russia totalled 96 million pounds, down 44
percent from a year ago. Although April shipments to the next four largest
markets were larger than April 2005, their combined increase was not large
enough to offset Russia's year-over-year reduction in US broiler meat
Total broiler meat production in April was 2.82 billion pounds, down 1.3
percent from April 2005. The major reason for the decline in production was that
April 2006 had one less slaughter day than last year.
Over the past several weeks prices for most broiler products have
strengthened, as production growth has slowed and cold storage levels have
started to decline from earlier record levels. Prices for broiler parts have
strengthened to an even greater extent. A continuation of breast meat price
increases are likely.
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