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Poultry Report   June 19, 2008
Imperial Boneless Skinless Chicken View Poultry Report (pdf)

April US chicken exports were 42% larger than a year ago marking 2008 US chicken exports through the month 24% more than 2007. Strong chicken export trade with Russia (up 37%) and China/Hong Kong (41%) accounted for roughly

63% of the gain. A devalued US dollar, rising world protein demand and fairly tight world feed supplies should all help strong US chicken exports to persevere. All of this accompanied with domestic chicken cutbacks are likely to lead to record high leg quarter prices this summer. The chicken breast markets continue to move downward.

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