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ANALYSIS: December Chicken Export Volume Reaches New Seasonal Altitude
Judging by the year-end numbers, chicken export movement concluded 2023 under a relatively robust backdrop, especially when considering the ongoing global trade complications related to HPAI. At 645.2 million pounds, total outbound tonnage during December not only surpassed the previous year by 7.4%, or 66.1 million pounds, but also hit a record seasonal high.
The cumulative data, however, tells a slightly different story of how the year played out. Between January and December, total export volume retreated by 4.2% when compared with the previous year...
ANALYSIS: December Turkey Exports Leave Room For Interpretation
While Highly Pathogenic Avian Influenza (HPAI) has been slow to relinquish its ugly grasp on the turkey industry, December’s ending export figures didn’t deviate too far from the established seasonal course.
As 2023 came to a close, total outbound volume hit 42.1 million pounds. So what does this mean for market participants? Sentiment is highly dependent on one’s vantage point. On one hand, December’s export tally marks a significant 43.1% advance when compared to the year prior. On the opposite hand, it is important to bear in mind that 2022’s sweeping...
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