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Slightly Higher Revisions for Broiler Meat Production

by 5m Editor
27 April 2012, at 8:49am

MEXICO - Broiler meat production for 2012 has been revised to 2.9 million metric tonnes, up slightly compared to the previous year.

According to the USDA's International Egg and Poultry Review, the rise is a result of growing prevalence and importance of vertical integration, increased industrial and commercial integration to satisfy domestic consumers with better and more affordable products (i.e. ready-to-cook, marinated), and industry’s establishment and addition retail points of sale.

Broiler meat consumption in 2012 is also projected slightly higher than previously estimated as consumer demand remains strong. Domestic broiler meat prices have increased 20 per cent in the first quarter of 2012, along with pork and beef prices. Due to this, poultry meat consumption is expected to remain stable.

Import forecasts for Mexico are projected slightly higher in 2012 as increased domestic production is not expected to fulfill domestic consumption. Mexico continues to aggressively market broiler meat exports to other markets, particularly in Asia and Central America.

On the other hand, export forecasts for 2010, 2011, and 2012 have been revised downward to reflect the removal of certain chicken parts not considered broiler meat. Trade figures have been reduced to exports to Viet Nam, Hong Kong, and other Asian markets that most likely included chicken paws.