 |
Chicken Meat. The forecast for global chicken meat production is revised 2 percent lower to 100.5 million tons
13.04.2020 14:15 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Livestock and Poultry: World Markets and Trade (April 2020), the forecast for global chicken meat production is revised 2 percent lower to 100.5 million tons as gains in China fail to offset lowered production forecasts for all major producers. However, world production in 2020 remains forecast higher (1 percent) versus last year as gains in Brazil, China and the United States more than offset declines in EU27+UK, India, Thailand and Turkey. Compared to red meats, chicken meat demand is expected to be more resilient when faced with economic turmoil due to its position as a low-cost versatile animal protein culturally acceptable in virtually all markets. Global chicken meat trade is revised 4 percent lower to 11.7 million tons on downward revisions for all major exporters except Brazil. As a result, world chicken meat trade will contract 1 percent in 2020 compared to last year despite minor gains by Brazil and the United States. Although the pair combined account for 60 percent of world trade, their export gains will be outweighed by depressed shipments from other leading exporters (EU27+UK, Thailand, China, and Turkey).
Also available: 
 |
| |
|
|
