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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

U.S. Broiler and Turkey Exports for January-March 2019.

05/13/2019

Export data for the first quarter of 2019 indicate only a moderate increase in export of broiler parts in comparison to the corresponding period in 2018. The overwhelming impression from this and previous comparisons is the consistent erosion in unit price. This is attributed to the fact that leg quarters comprise over 95 percent of exports. This product represents a low-value commodity subjected to competition from domestic production in importing nations, vulnerability to trade embargos and exporters have a complete lack of pricing power.

Total broiler parts exported for the period attained 774,803 metric tons, 0.8 percent more than the corresponding period in 2018 (781,029 metric tons). Total value of exports declined by 9.3 percent to $711 million ($784 million).

During Jan.-March 2019 the National Chicken Council (NCC), citing USDA-FAS data, documented exports of 836,912 metric tons of chicken parts and other forms (whole and prepared) valued at $798 million with a weighted average unit value of $953 per metric ton, 10.3 percent lower in value compared to the first quarter of 2018 ($1,063 per metric ton).

The NCC breakdown of chicken exports during Jan.-March by proportion and unit price for each broiler category for 2019 compared with 2018 (with the unit price in parentheses) comprised:-

  • Chicken parts 95.9%; Unit value $876 per metric ton ($990)

  • Prepared chicken 2.9%; Unit value $3,455 per metric ton ($3,500)

  • Whole chicken 1.2%; Unit value $1,063 per metric ton ($1,003)

    The following table prepared from USDA data circulated by the USAPEEC, compares values for poultry meat exports in Jan.-March 2019 with corresponding figures for 2018:-

     

    PRODUCT JAN.-MARCH 2018 JAN.-MARCH 2019 DIFFERENCE

    Broiler Meat

    Volume (metric tons) 774,803 781,029 +6,226 (+0.8%)

    Value ( $ million) 784 711 -73 (-9.3%)

    Unit value ( $/m. ton) 1,011 1,098 -87 (-8.6%)

    Turkey Meat

    Volume (metric tons) 69,323 66,532 -2,791 (-4.0%)

    Value ($ million) 153.6 141.8 -11.8 (-7.7%)

    Unit value ($/m. ton) 2,215 2,131 -84 (-3.8%)

     

     

    Chicken Paws

    Volume (metric tons) 37,125 39,358 +2,233 (+6.0%)

    Value ($ million) 60.6 48.0 -12.6 (-20.8%)

    Unit value ($/m. ton) 1,632 1,219 -413 (-25.3%)

    COMPARISON OF U.S. POULTRY MEAT EXPORT DATA FOR

JANUARY-MARCH 2019 COMPARED TO JANUARY-MARCH 2018


 
Copyright 2019 Simon M. Shane