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Cluck, Cluck Hooray for National Chicken Month!As fall approaches, September celebrates the most-consumed meat in the United States: chicken. Two-thirds of U.S. chicken are raised in Alabama, Arkansas, Georgia, Mississippi, North Carolina, and Texas. And did you know that U.S. chicken meat is also a top agricultural export for our nation? Foreign markets are increasingly important to the U.S. chicken industry, accounting for $4.4 billion in exports and 16 percent of global production in 2022. The United States is the world's second-largest exporter, with more than 145 countries importing U.S. frozen chicken leg quarters, legs, and thighs last year. |
The following GAIN reports were released on September 11, 2023. _______
Australia: Livestock and Products AnnualAustralian beef supply is forecast to recover in 2024 to the point of reaching the sixth highest production on record. The 2024 forecast is after a significant turning point in 2023, where production is estimated to grow by 16 percent from the lows of 2021 and 2022 not seen for 25 years because of a strong herd rebuild phase restricting cattle supply for processing. Beef exports are forecast to reach the fourth highest on record in 2024 and regain some market share in three of its biggest Asian market destinations. Australian pork production is forecast to increase slightly in 2024 after strong growth in 2023. The rise in pork production is forecast to result in a slight increase in exports but lower than usual imports. Pork imports from the United States are expected to revert to past dominance of in excess of half of overall imports.
European Union: Oilseeds and Products UpdateThis report updates several sections of the European Union’s “Oilseeds and Products Annual” report released in April 2023. Updated sections include soybean, rapeseed, and sunflower. An area-increase of about 2 percent and increased average yields are forecast to result in a 6 percent higher production of total three major oilseeds in MY 2023/24. Compared to the previous MY, where heat and drought significantly reduced yields of especially late crops, soybean production is forecast to be over 16 percent up, sunflower production 12 percent up, and rapeseed production almost 2 percent up. |
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