Chicken meat prices in the US stabilizes near $1,470 per ton, remaining stable in august

Published 2022년 12월 20일

Tridge summary

In August 2022, the U.S. saw stable chicken meat export prices at $1,471 per ton, with a modest average increase of 2.1% from January 2022, due to a peak in June at $1,507 per ton. The export volume in August rose to 308K tons, marking a 1.3% average growth from January 2022, with a peak in February at 338K tons. The export value for August was $453M, with an average growth of 3.3% from January 2022, peaking at $477M in June. The majority of U.S. chicken meat exports were frozen cuts, with the largest markets being China, Mexico, and Cuba, which experienced the most significant growth among the main destinations.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

U.S. Chicken Meat Export Price per Ton August 2022 In August 2022, the chicken meat price per ton amounted to $1,471, remaining constant against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in June 2022 an increase of 18% m-o-m. As a result, the export price attained the peak level of $1,507 per ton; afterwards, it flattened through to August 2022. There were significant differences in the average prices for the major foreign markets. In August 2022, the country with the highest price was Canada ($3.3 per kg), while the average price for exports to Georgia ($1 per kg) was amongst the lowest. From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.8%), while the prices for the other major destinations experienced more modest paces of growth. U.S. Chicken Meat Export Prices by Type ...

Source: Globaltrademag