
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