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U.S. Poultry And Egg Exports Set Record Last Year

U.S. poultry and egg exports in 2022 set a record at $6.234 billion, up 12.4 percent over 2021, with broiler exports reaching an all-time high in both volume and value, according to new trade data released by the USDA Foreign Agricultural Service.

U.S. broiler exports to the Philippines, Congo (Brazzaville), Gambia, Mauritania, Benin, and Guinea in 2022 reached all-time highs in volume and value, while exports to China and Taiwan set records in value. Also, Angola, Georgia, Vietnam, Gabon, Singapore, Canada, Turkmenistan, Iraq, and Chile showed tremendous gains in broiler exports from the previous year. Broiler exports in 2022 were 3,792,380 metric tons, up 4.6 percent from 2021, while export value reached $5.218 billion, up 17.0 percent.

Turkey exports in 2022 were 184,837 metric tons, down 25.6 percent from 2021, while export value was $641.6 million, down 3.6 percent (Figure 2). The decrease in export volume is due largely to HPAI detections in important turkey-producing states such as Minnesota, Indiana, and North Carolina. More than 9.44 million commercial turkey meat birds were affected by the end of December 2022. And U.S. turkey production in 2022 was 2.351 million metric tons, down 6.1 percent from the previous year.

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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.