U.S. Broiler and Turkey Exports for January-April 2020.
Export data for the first four months of the current year confirmed an 8.6 percent increase in exports of broiler parts including feet, in comparison to January-April 2019. An encouraging sign is the continuation of the trend in the increase in both unit price of 8.5 percent and total value of 17.9 percent compared to the first four months of 2019. Unit price is constrained by the fact that leg quarters comprise over 96 percent of exports with feet, whole birds and specialty products contributing to the remaining volume shipped. Leg quarters and feet represent relatively low-value commodities lacking pricing power. Exporters of commodities are subjected to competition from domestic production in importing nations. Generic products such as leg quarters are vulnerable to trade disputes and embargos based on real or contrived disease restrictions.
The extensive outbreak of African swine fever has boosted U.S. livestock and poultry exports to Asia over the intermediate-term, as all animal protein will rise in price as pork supply is restricted. The effect of increased demand from Viet Nam is apparent but disruption in ports and transport infrastructure due to the COVID-19 outbreak impacted exports to China during January and February 2020.
Total exports of broiler parts and feet during January-April 2020 attained 1,176,851 metric tons, 8.6 percent more than in January-April 2019 (1,083,582 metric tons). Total value of exports increased by a substantial 17.9 percent to $1,211 million ($1,027 million Jan.-April 2019).
For January-April 2020 the National Chicken Council (NCC), citing USDA-FAS data, documented exports of 1,153,710 metric tons of chicken parts and other forms (whole and prepared) valued at $1,138 million with a weighted average unit value of $1,042 per metric ton, 7.2 percent higher in unit value than in January-April 2019 ($972 per metric ton).
The NCC breakdown of chicken exports, excluding feet, during January-April 2020 by proportion and unit price for each broiler category compared with January-April 2019 (with the unit price in parentheses) comprised:-
- Chicken parts 6%; Unit value $986 per metric ton ($898)
- Prepared chicken 1%; Unit value $3,544 per metric ton ($3,515)
- Whole chicken 3%; Unit value $1,042 per metric ton ($973)