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

U.S. Dollar Drops Against International Currencies Due to COVID

01/01/2021

The economic consequence of COVID-19 has in large measure resulted in a 12 percent decline in the value of the U.S. dollar against a basket of international currencies.

 

This situation will help exporters of commodities and meat products including chicken and turkey.  On the debit side, purchases of imported equipment and feed additives will experience inflation as a result of a weakened dollar.


 
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