August 10, 2021
USDA report expects lower chicken production, import in 2021
The Philippines could likely produce and import less chicken in 2021 due to strained demand and tight global supply.
A report by the United States Department of Agriculture anticipates that the country will produce 1.33mmt of chicken meat this year, down from its earlier forecast of 1.36mmt, noting that chicken production was 11% lower year-over-year in the first quarter of 2021, according to the Philippines Statistics Authority.
Chicken import forecasts were also adjusted from 350,000mt to 330,000mt based on "increasingly stressed supply chains", adding that Philippine meat processors, which account for the majority of poultry meat imports, have stressed difficulties sourcing mechanically deboned meat as long as European supplies remain restricted.
The Manila Bulletin reported that the president of the United Broiler Raisers Association (UBRA), Bong Inciong, said the country's poultry industry is struggling to recover from the impacts of the COVID-19 pandemic, which is negatively impacting farmgate prices and demand, noting that importers are losing money because of low demand.
- Poultry World