US poultry trade up in February
Broiler meat, turkey both up on strong demand
U.S. broiler shipments were up from 514 million pounds in February 2011 to 636 million pounds in February 2012, a 24 percent increase, according to the U.S. Department of Agriculture's latest report.
This increase was primarily due to strong demand for U.S. broiler meat in spite of relative high broiler leg-quarter prices, said the USDA. In February, broiler leg-quarter prices were up 41 percent from February 2011. Although on average broiler leg-quarter prices are higher than they were in 2011, shipments to Mexico, Canada, Cuba, Russia, Angola and United Arab Emirates are all up from last February. Of the six markets, shipments to Mexico far exceed volumes shipped to other markets.
Turkey shipments also rose in February, up 17 percent from the same time in 2011. A total of 62 million pounds of turkey meat were shipped in February, almost 9 million pounds more than the volume shipped in 2011. Mexico received 36.5 million pounds of turkey meat from the U.S., which accounted for over 59 percent of total U.S. turkey shipments in February. Turkey shipments to Canada and Hong Kong also were up from 2011 numbers, according to the USDA. In February, the U.S. shipped 2.5 million pounds of turkey meat to Canada and 2.2 million pounds to Hong Kong, a 153 percent and a 44 percent increase, respectively, from 2011.
For more information and statistics on U.S. poultry, see www.wattagnet.com/marketdata.html.