Higher Production and Inventory Levels Expected to Pressure Wholesale Broiler Prices, USDA Reports

On March 15, 2013, in Broiler Prices, Production

Higher broiler meat production in fourth-quarter 2012 and expected higher production during first-quarter 2013, coupled with relatively high inventory levels for certain chicken parts, is expected by USDA to place downward pressure on wholesale prices.

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NCC and Poultry Groups See Indonesia Market Approaching $50 Million Annually for U.S. Poultry Exports

On March 15, 2013, in International Trade

In comments jointly filed with the Office of the U.S. Trade Representatives this week, the National Chicken Council, USA Poultry & Egg Export Council, and National Turkey Federation predicted that, if U.S. chicken, turkey, and other poultry products had fair and World Trade Organization (WTO) consistent access to the Indonesia market, U.S. poultry exports would approach $50 million on an annual basis.

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TPP Food and Agriculture Task Force Recommends “Rapid Response Mechanism” for SPS and TBT Trade Issues

On March 15, 2013, in Trans-Pacific Partnership

To more adequately and expeditiously address and resolve sanitary and phytosanitary (SPS) trade impediments and technical barriers to trade (TBT) in the Trans-Pacific Partnership (TPP) agreement, the Food and Agriculture Task Force  of the U.S. Business Coalition for the TPP expressed its strong support and interest for a “rapid response mechanism.”

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Eggs Set, Chicks Placed, Broilers Produced Report

On March 15, 2013, in Eggs Set-Chicks Placed-Slaughter Report

U.S. total broiler slaughter for the week ending March 16 is estimated by USDA-AMS’s Poultry Market News Service to be 151,700,000 broilers, a 1-percent decrease from the same week a year earlier.

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