February 14, 2008

USDA review on international poultry and egg sales
 

USDA has released a review on international egg and poultry sales of its leg quarter.

Russia and Lithuania have remained as top two leading import markets of US leg quarters from 2006 to 2007.

Ukraine, China, and Iraq have increased shares of leg quarters though Cuba remained unchanged. On the other hand, other destinations (Angola, Turkey, Mexico, and Guatemala) have decreased shares.

The first half of 2007 saw an increased volume of exports to Lithuania, Mexico, Turkey, and Ukraine, while exports to Angola, China, Cuba, and Russia were larger in the second half of 2007. Exports to Guatemala and Iraq were stable throughout 2007.

The first half of 2006 noted increased exports volume to Iraq, Lithuania, Turkey, and Ukraine, while exports to Angola, China, Cuba, and Russia were larger in the second half of 2007. Exports to Guatemala and Mexico were stable throughout 2006.

In value, US sold its leg quarters to Guatemala for US$0.44 per pound, as it receives the least from Cuba for US$0.37 per pound. Total US average from 6 of the top ten destinations in 2007 was US$0.39 per pound.

In 2006, the US average for leg quarters was US$0.28 per pound, with Turkey paying the highest at US$0.31 per pound, and China paying the least at US$0.21 per pound.

However, values have since increased from 2006 due to production cutbacks in early 2007. US average rose by US$0.11 per pound, with China rising US$0.20 per pound, Turkey rising by US$0.07 per pound, and Russia jumped up US$0.12 per pound from 2006.