May egg exports decline from 2007
Data appearing in the July 19th Monday Line published by the USA Poultry and Egg Export Council (USAPEEC) documents a 60 percent decline in shell egg exports in May 2008 compared to the corresponding month in 2007.
According to Dr. Renan Zhuang, the USAPEEC Economist, citing USDA figures, exports of 4.24 million dozen for the month generated $3.56 million, corresponding to 83 cents per dozen. The volume exported represented 0.8 percent of total May production of 543 million dozen and is equivalent to the output of 2.2 million hens over a given month. The decline was due to reduced shipments to Hong Kong (-57 percent), Mexico (-86 percent) and China (-79 percent) which comprise the largest importing nations.
In contrast the USAPEEC reported a 7 percent increase in export volume for products in May 2008 compared to 2007, with a value of $7.3 million.