USA: Broiler market overview for the 27th week of 2021

Photo is illustrative in nature. From open sources.

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Average broiler prices in the US market as of July 9, 2021 showed an upward trend. The average cost of broilers in June 2021 was 106.39 cents/lb (+0.9% mom), with total sales of around 49,164 thousand pounds (+15.2% mom).

In regional markets, prices for poultry in all categories rose, with the highest increase in prices for birds weighing 3.51 pounds or more (+1.74 cents).

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The US government is investing at least $500 million to expand processing capacity for beef, pork and poultry, Agriculture Secretary Tom Vilsack said Friday after consumers faced restrictions on meat purchases during the COVID-19 pandemic last year.

Money from the $1.9 trillion pandemic response package approved in March will be made available to meat processors in the form of grants and loans to make the supply chain more resilient and increase competition in the sector, according to a Reuters report, Vilsack said at a press conference. conferences in Council Bluffs, Iowa.

President Joe Biden signed a sweeping executive order that pushes the USDA to crack down on "abuse by certain meat processors" and increase competition in the US economy.

“Government intervention in the market will increase the cost of food for consumers at a time when many are still suffering from the economic impact of the pandemic,” said Meat Institute President Julie Anna Potts.

BROILER COST, USA (weighted average price)

Period

Price, US cents/pound

Change, US cents/pound

Sales volume, thousand pounds

Week 27

106.17

+0.43

10260

Week 26

105.74

9945

Week 27 in 2020

75.34

+30.83

8630

Price dynamics and sales volumes of broilers

Average weighted price for broilers by region

Region

Price range, cents/pound

Weighted average price,

Change, cents

Sold (thousand pounds)

cents/pound

Eastern region

71.00-137.00

105.69

+1.04

4339

central region

80.00-120.00

102.71

-0.21

3060

Western region

100.00-140.00

110.59

+0.24

2861

Tags:

деньги, reuters, бройлер, правительство, джо байден, covid-19, доллар

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USA: Broiler market overview for the 27th week of 2021

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