USA: Week 36 Broiler Market Review 2021

Average broiler prices in the US market as of September 10, 2021 showed a positive trend. The average cost of broilers in August 2021 was 104.8 cents/lb (-0.7% m/m, +58.6% y/y), with total sales of about 44,495 thousand pounds (+5.5% m/m) , +27% per year).  

In the regional markets, prices for poultry of all categories increased.   

Broiler exports fell 8.2% month-on-month to 596.0 million pounds in July, but were up 1.5% year-on-year. On average, about a third of broiler exports go to Mexico, which bought 66.0 million pounds in July (up 15.6%), and in the first seven months of the year, shipments reached 28.0% compared to the same period last year. Exports of broilers from the beginning of the year to date to Angola, CANADA and the Caribbean increased by 51.0%, 5.9% and 66.4% respectively. Turkey exports in July were 46.5 million pounds, down 1.5% from last year. Turkey exports year-to-date are up 2.6% year-over-year, driven by an 8.9% increase in shipments to Mexico in the first seven months of 2021.

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BROILER COST, usa (weighted average price)

Period

Price, US cents/pound

Change, US cents/pound

Sales volume, thousand pounds

Week 36

105.78

+0.54

10288

Week 35

105.23

10326

Week 36 in 2020

63.90

+41.88

9006

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

75.00-132.00

106.46

+1.23

3984

central region

80.00-115.00

101.70

+0.65

3189

Western region

97.00-134.00

109.09

+0.22

3115